ferc
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Legal & Regulatory
Analysis: FERC Denies Hypothetical Capital Structure Incentive for Valley Link Transmission Project
The Federal Energy Regulatory Commission (FERC) on May 13 of this year issued an order addressing the formula rate filings and requests for transmission rate incentives for the Valley Link Transmission Project Portfolio. The project is a $3-billion, 417-mile multi-state transmission initiative spanning Maryland, Virginia, and West Virginia (collectively, Valley Link). While FERC approved several […]
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Trends
FERC Anticipates Higher Energy Prices This Summer
The Federal Energy Regulatory Commission’s (FERC’s) 2025 Summer Energy Market and Electric Reliability Assessment has forecast higher wholesale electricity prices this summer in most regions. The assessment, published May 15, notes that if normal operating conditions prevail, all regions of the country will have adequate generating resources to meet expected summer demand and operating reserve […]
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Commentary
Nuclear-Powered Data Centers—What U.S. Developers Need to Know
Recognizing their desirable attributes and long-term potential to meet data center demands for power, several technology companies have announced their intention to team up with nuclear developers. At the same time, three companies with shuttered nuclear plants have notified the U.S. Nuclear Regulatory Commission of their plans to restart those facilities, which were closed for economic reasons.
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Markets
PJM Market Challenges Demand Bold Reforms, Experts Warn
Energy experts have called for bold reforms—from transmission planning to permitting streamlining and faster interconnection approvals—to prevent further volatility and ensure PJM Interconnection meets its reliability mandate without disproportionately burdening consumers. During a March 19 webinar hosted by Advanced Energy United—a trade group that advocates for policies supporting the transition to 100% clean energy—industry experts […]
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Commentary
Why Forecast Accuracy Makes or Breaks Power Suppliers in Today’s Market
Between plummeting temperatures and surging demand, the record-breaking Arctic blast that swept across the Northeast in January put power suppliers to the test. Their success in managing the volatility traces back to decisions made days and weeks earlier. Those with accurate forecasting models navigated the cold spell successfully. Others faced stark choices between absorbing massive […]
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Energy Security
Talen, PJM Reach Agreement to Keep 2 GW of Coal, Oil Generation Online for Reliability in Maryland
Talen Energy has reached an agreement with PJM Interconnection, the Maryland Public Service Commission, Maryland electric utilities, consumer representatives, and the Sierra Club to extend operations at its 1.3-GW coal-fired Brandon Shores power plant and 774-MW oil-fired H.A. Wagner units until May 31, 2029, under a reliability-must-run (RMR) contract. If approved by the Federal Energy […]
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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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Interview
Industry Experts Say Storage, Renewables, Transmission Key Parts of 2025 Energy Outlook
The outlook for the power generation sector in 2025 promises a continuation of the energy transition, though there’s plenty of debate about the direction of the industry. Advocates for renewable energy, particularly in the U.S., are concerned about how the incoming Trump administration—with its support for fossil fuels—could impact the growth of clean technologies. Utilities […]
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Coal
Coal-Fired Delaware Plant Will Close Two Years Early
Officials with PJM Interconnection said a coal-fired power unit in Delaware can be closed two years ahead of schedule. The grid operator this month announced the Indian River Unit 4, a 411-MW generator in southern Delaware owned by NRG, can be taken offline without negative impacts to power reliability. The Indian River plant, located in […]
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Commentary
Hotly Contested Dispute Over Co-Located Loads Is Primed for FERC Action
Federal regulation of customer loads located next to existing power generating facilities, referred to as “co-located loads,” have become a significant area of interest for the electric industry. Large industrial loads have taken an interest in this configuration because it promises a faster, streamlined pathway to interconnecting to the grid and meeting their power supply […]