Markets

The Southwest Power Pool (SPP) is poised to become the first regional transmission organization (RTO) to provide coordinated operation across the Eastern and Western Interconnections, bridging a historic gap to potentially boost regional reliability, savings, and efficiencies. SPP, which has operated as an RTO since 2004, currently has 110 member companies in its Eastern Interconnection […]

Polskie Elektrownie Jądrowe (PEJ), Poland’s designated entity tasked with developing the country’s first nuclear plant in Pomerania, has signed an engineering services contract with a Westinghouse-Bechtel consortium, allowing site-specific work to begin on the AP1000 power plant. The companies announced the “historic” contract on Sept. 27, one week after nuclear technology giant Westinghouse and global […]

Incremental unplanned generation outages triggered during Winter Storm Elliott spiked to 90.5 GW—significantly more than the 61.8 GW during Winter Storm Uri in 2021—representing 13% of the U.S. portion of anticipated resources in the Eastern Interconnection. That finding, one of many disturbing details unveiled by the Federal Energy Regulatory Commission (FERC) and North American Electric […]

Holtec International, a diversified energy technology company, and Wolverine Power Cooperative, a not-for-profit power generation cooperative based in Michigan, announced that they have entered into a long-term agreement that will “pave the way” for the restart of the 800-MW Palisades Nuclear Power Plant in Covert Township, Michigan (Figure 1). The Palisades reactor was taken offline […]

The Electric Reliability Council of Texas (ERCOT) on Sept. 6 issued an Energy Emergency Alert 2 (EEA 2) after grid conditions quickly deteriorated around sunset (7:30 p.m.) as demand soared and operating power reserves plunged. The grid operator said that the emergency operations were necessary “due to a combination of dropping operating reserves and frequency.” […]

Marking a significant inroad to establish a South Korean foothold in the world’s gas turbine technology market, heavy industrial company Doosan Enerbility this summer began commercial operation of its first

Centrus, a firm poised to demonstrate high-assay, low-enriched uranium (HALEU) production, will partner with microreactor technology developer Oklo on several pioneering steps to build out the HALEU front-end supply chain, including pivotal commercial deconversion capabilities. The landmark collaboration could also make Centrus one of Oklo’s first commercial power off-takers for two reactors planned in Southern […]

The North American Reliability Corporation (NERC) will for the first time consider “energy policy” among five significant evolving and interdependent risks to grid reliability. In its latest biennial ERO Reliability Risk Priorities Report, the designated North American Electric Reliability Organization (ERO) identifies energy policy as a new risk priority alongside grid transformation, resilience to extreme […]

The Federal Energy Regulatory Commission (FERC) has approved key transmission reforms aimed at clearing a staggering backlog of more than 10,000 generation and storage projects—more than 2,000 GW—stalled in interconnection queues across the country. Order 2023, a final rule unanimously adopted by FERC’s four commissioners at a July 27 open meeting and posted in full […]

Once a giant pure-play independent power producer, NRG Energy has cultivated a legacy of pioneering business models to withstand waves of change in the power sector. Its latest strategic shift pivots from