From www.utilitydive.com
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FERC transmission rule likely boon to consumers, but Christie dissent is a blueprint for litigation, analysts say
The rule also gives state utility regulators an “unprecedented role” in transmission planning and cost allocation, said Christina Hayes, executive director of Americans for a Clean Energy Grid.
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25 GW of new solar to boost summer grid reliability, but extreme heat poses widespread risks: NERC
The North American Electric Reliability Corp.’s summer grid assessment, released Wednesday, concludes that seven regions face an “elevated risk” of energy shortfalls in extended heat waves.
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FERC Order 1920 is a big step forward on transmission planning, but it is not the end game
The rule provides the raw ingredients to transmission providers and states, but the grid of the future will not be built if these entities do not come together and start cooking, FERC Commissioner Allison Clements writes.
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Geopolitics, decarbonization driving ascendant nuclear power industry: NEI CEO
Anticipated load growth from data centers, AI and new manufacturing hubs is the latest tailwind for conventional and advanced nuclear, NEI President and CEO Maria Korsnick said Tuesday.
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DOE awards $1.7B conditional loan guarantee to Plug Power to build 6 clean hydrogen factories
The loan guarantee, which follows several similar awards to other companies, will help accelerate hydrogen industry growth, according to an industry association.
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Global banks have spent $6.9 trillion on fossil fuels since 2016: report
U.S. banks accounted for 30% of the $705 billion private global banks spent on fossil fuel financing in 2023, per the Banking on Climate Chaos report.
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AEP Ohio proposes data center, crypto financial requirements amid 30 GW in service inquiries
The proposed tariffs aim to ensure data centers and cryptocurrency operations pay for their share of any transmission buildout needed to serve them in the PJM Interconnection.
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AEP in $315M deal to sell distributed resource business to Basalt Infrastructure funds
While AEP has been moving to sell its unregulated assets, it has decided to retain its AEP Energy competitive power and gas subsidiary, finding it may be able to serve load growth in deregulated states.
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Electric co-ops ask court to stay EPA power plant rule, citing multibillion compliance costs
EPA says generators can achieve compliance with carbon capture and sequestration, but that technology “has not been proven at a commercial scale,” said NRECA CEO Jim Matheson.
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Biden hikes tariffs on China-made EVs, batteries, solar cells
The tariffs align with U.S. efforts to get ahead of China in clean energy and advanced technology manufacturing, while also increasing supply chain control.
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University of Texas at Austin launches pioneering hydrogen demonstration research hub
The “proto-hub” will serve as a center for testing complex hydrogen systems in the real world — and could train professionals in hydrogen technology in the future.
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FERC issues landmark transmission planning, cost allocation rule, with dissent over state roles
In a 2-1 vote, the agency’s commissioners disagreed on the role states will have under the rule.