Trends

Prices at PJM Interconnection’s 2025/2026 base residual auction (BRA) spiked to $269.92/MW-day for most resources in the wholesale power market, pointing to a tightening supply-demand balance that could have significant implications for the regional transmission organization (RTO). The 2025/2026 BRA—a competitive capacity auction that procures power supply resources in advance of the delivery year to […]

Engineering giant Burns & McDonnell has entered into an agreement with nuclear technology specialist BWXT Technologies to advance the design and development of the BWXT Advanced Nuclear Reactor (BANR). The microreactor project is an integral part of a contract with the Wyoming Energy Authority (WEA), which is assessing the viability of deploying small-scale nuclear reactors […]

Three major high-voltage direct current (HVDC) technology giants—GE Vernova, Siemens Energy, and Hitachi Energy—will join forces with four German transmission system operators—50Hertz, Amprion, TenneT and TransnetBW—to develop multiterminal hubs with direct current circuit breakers. The initiative is the latest development in ongoing European collaboration to enhance the interoperability of HVDC systems, facilitate the integration of […]

The U.S. Supreme Court on June 28 overturned the Chevron doctrine—a forty-year-old precedent—significantly curtailing the power of federal agencies to interpret ambiguous statutory provisions, even in areas of agency expertise. The landmark 6–3 decision could have far-reaching effects on the power industry, with specific impact on sweeping energy regulations from the Environmental Protection Agency (EPA) […]

It’s not uncommon to hear people talk about the energy transition. Yet, throughout its history, the power industry has almost always been transitioning in one way or another. There are constantly new

In a significant push toward modernizing America’s aging grid infrastructure, the Biden administration, in partnership with 21 states, has launched the Federal-State Modern Grid Deployment Initiative. The measure marks the latest triumph for transmission and distribution (T&D), which has seen “lumpy” progress in recent decades. The initiative unveiled on May 28 essentially seeks to establish […]

Anticipation is mounting for the Connected Plant Conference (CPC), POWER and Chemical Engineering’s digitalization event, scheduled to take place next week, May 20–22, 2024, near Houston, Texas. If you are a professional in the power industry, here are 10 reasons you should attend the industry event that is uniquely focused deeply on the practical and business-oriented […]

The Biden administration has unveiled several sweeping actions over the past month aimed at boosting clean energy deployment, enhancing manufacturing jobs, and reducing pollutant emissions across the power sector. The measures—many announced as part of a comprehensive Earth Week agenda on April 25—are notable for their strategic push in an election year, highlighting the administration’s […]

Grid operators across the U.S. report they are largely prepared for the total solar eclipse that will pass over a large swath of North America on April 8, though they remain vigilant, monitoring for any unexpected shifts in power generation or demand that could test the power system’s resilience. The much-anticipated solar eclipse will begin […]

Nuclear energy is surging back in a big way. Case in point: Energy Secretary Jennifer Granholm’s comments last week on plans to restart the Palisades nuclear power plant in Michigan. To bolster the effort, she announced a $1.5 billion conditional loan guarantee to cover work required to restart the plant after a two-year shutdown. And […]