energy infrastructure
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Legal & Regulatory
PJM, Facing Capacity Shortage as Early as 2026/2027 Delivery Year, Agrees to Lower Auction Price Cap
PJM Interconnection and Pennsylvania Governor Josh Shapiro have settled a lawsuit over PJM’s capacity market pricing, agreeing to lower the grid operator’s auction price cap from over $500/MW-day to $325/MW-day. The move comes as PJM acknowledges a capacity shortage could affect its system as early as the 2026/2027 delivery year. The agreement announced on Jan. […]
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Trends
NextEra Eyes Restart of Shuttered Nuclear Plant, Partners with GE Vernova on Gas Power Expansion
Facing a projected surge in power demand across the country, NextEra Energy is taking steps to potentially restart its shuttered 615-MW Duane Arnold nuclear plant in Iowa as early as 2028, while also signing a new partnership with GE Vernova to develop natural gas generation projects that could be paired with renewable energy and storage. […]
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Electrification
Nuclear-Gas Synergy: Oklo and RPower Unveil Phased Model to Address Data Center Power Demands
Advanced nuclear technology firm Oklo is partnering with Texas-based prime and backup solutions company RPower to roll out an innovative “phased energy model” that will combine natural gas and nuclear to offer a scalable and sustainable turnkey solution for data centers. The companies on Jan. 17 said they signed a memorandum of understanding (MOU) to […]
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Energy Security
Cuba Hit by Nationwide Blackout, Restoration Achieved in 24 Hours
Cuba suffered another massive blackout on Wednesday, Dec. 4—the latest in a series of devastating grid disruptions that have plagued the island in recent years. While authorities reported swift restoration—completed just after midnight on Dec. 5—the event has further underscored the growing strain on the island’s fragile energy system. Since 2020, Cuba has endured more […]
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Energy Security
A Breakdown of Cuba’s Grid Collapse and Recovery Efforts
Cuba is in the throes of a severe energy crisis, driven by fuel supply disruptions and compounded by obstacles in securing vital technologies and supplies needed to modernize and operate its aging power plants. The situation, exacerbated by U.S. sanctions, has left the nation’s energy system teetering. At the same time, the island nation is […]
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News and Notes
POWER Digest [October 2024]
China Completes World’s Largest Pumped Storage Facility. China has completed the 3.6-GW Fengning Pumped Storage Power Station, in Hebei province. Operated by the State Grid Corp. of China (SGCC), the
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Hydro
Demonstration to Convert Kentucky Coal Mine to Pumped Hydro Secures Federal Funding
A project that will demonstrate the conversion of a former coal mine in Bell County, Kentucky, into a utility-scale 287-MW pumped storage hydroelectric facility has garnered federal backing from the Department of Energy’s (DOE) Office of Clean Energy Demonstrations (OCED). Rye Development, a pumped storage hydropower developer, on Sept. 25 secured $12.1 million—the first tranche […]
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Commentary
How Energy Services Businesses Can Adapt and Win in a Changing Market
Energy services businesses are poised to benefit from an unprecedented amount of government support for energy infrastructure. However, choppy waters lie ahead as business models and market conditions evolve
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Energy Security
Texas Moves Forward with $5.38B in Loans for 10 GW of New Dispatchable Power Projects
The Public Utility Commission of Texas (PUCT) has shortlisted 17 gas-fired “dispatchable” generation projects—a combined 9,781 MW—that will advance to receive $5.38 billion in loaned funds under the Texas Energy Fund (TEF) In-ERCOT Loan Program. The 17 proposed new projects in the PUCT’s loan portfolio, chosen from 72 applications, now proceed to a “due diligence” […]
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Energy Security
Ontario Green Lights Nuclear Refurbishment of Pickering CANDU Units
Ontario Power Generation (OPG) will refurbish four units at the Pickering Nuclear Generating Station, Canada’s first major commercial generation plant— marking a major turnaround for the 3.1-GW plant slated to close by 2025. Officials from Ontario’s government and OPG on Jan. 30 announced plans to refurbish Units 5–8 at the massive power plant east of […]