Why wait? VPPs can help PJM now

Even though PJM’s capacity prices hit record highs for 2025-26, they could go even higher or remain elevated unless the grid operator’s generation capacity can catch up with its surging demand.

Further innovation required to achieve $0.05/kWh target for long-duration storage: DOE

The Department of Energy released its cost analysis for 11 technologies one day before announcing several funding and innovation opportunities for long-duration storage developers.

Vineyard Wind, GE Vernova cut damaged turbine blade to prevent more ocean debris

The Bureau of Safety and Environmental Enforcement has also revised the project’s suspension order, allowing Vineyard Wind to install new towers and nacelles.

Ørsted, Mission Clean Energy to build 1 GW of grid storage in MISO territory

Each of the four projects being installed in the Midcontinent Independent System Operator’s Central and Northern regions will have 800 MWh to 1,200 MWh of capacity.

New York ISO reforms interconnection queue, launches cluster study reviews

The changes, which comply with FERC Order 2023, “deliver greater efficiencies and transparency in our interconnection process,” New York ISO President and CEO Rich Dewey said.

Reconciling two competing goals: residential electrification and grid stability

By focusing on distributed resources, utilities will avoid overloading individual distribution feeder circuits and expensive upgrades that greater electrification might otherwise require.

Waste-to-RNG projects closed out first half of 2024 largely on target

Executives from WM, BP and Republic Services reported project progress during recent earnings calls. Many had a positive tone despite uncertainty from interconnection delays and recent Supreme Court rulings.

AI, manufacturing spur SMR interest, but project complexity weighs on deals: NuScale

CEO John Hopkins expressed optimism over a bipartisan nuclear support law and a new DOE solicitation on SMRs amid efforts to close deals with U.S. data center operators.

Algonquin Power sells renewable energy business for $2.5B

The agreement marks the first move of a three-part plan to become a pure-play regulated utility, CEO Chris Huskilson said.

Blackstone acquires majority stake of renewables engineering firm

While the terms of the deal with Westwood Professional Services were not disclosed, a Blackstone executive said its energy transition business has committed $1.3 billion in investments since June.

CrowdStrike snafu was a ‘dress rehearsal’ for critical infrastructure disruptions, CISA director says

Despite the disruption, Jen Easterly said the outage was a "useful exercise" to determine the resiliency of critical infrastructure organizations.

GSA updates federal building standards in clean energy push

The latest P100 update, which applies to 300,000 federal buildings, mandates clean energy use in facilities and sets new benchmarks for efficiency.

New England’s joint offshore wind solicitation delayed by DOE grant

Two of the bidding companies said they support the month-long delay in bid selection as Massachusetts, Connecticut and Rhode Island consider the impact of $389 million in DOE funds.

59 GW in data center load seeking to connect to Oncor’s system: CEO

Nearly three-fourths of new interconnection requests are coming from data centers, Oncor officials said.

Stay the course on competitive electric markets

The narrative pushed by certain investor-owned utilities — that the recent PJM capacity auction outcome somehow signals a need for re-regulation — is misleading.

Bill Gates-backed energy investment firm pulls in $839M for new climate fund

Breakthrough Energy Ventures’ third fund will have an investment focus similar to that of its predecessors and target five key areas in climate innovation, including energy and transportation.

Constellation raises 2024 profit guidance amid PJM load growth, tighter power supplies

Higher output, less downtime and nuclear production tax credit revenue boosted the company’s second-quarter financial performance.

Carbon market governing body tightens standards for renewable energy credits

The Integrity Council for the Voluntary Carbon Market said carbon credits issued under existing renewable energy methodologies won’t qualify for its Core Carbon Principles label.

Qcells scores $1.4B DOE loan guarantee for Georgia solar factory

The money will help build one of the country’s largest ingot and wafer plants, expected to begin production later this year. 

Sunrun storage attachment rate jumps to 54% as CEO cheers rising VPP potential

The company also announced a partnership with Tesla Electric to support the Texas grid during peak demand periods. 

How data centers are being used to bypass clean energy goals

It is possible that real growth is coming for the electricity sector from data centers, electric vehicles and electrification. But that growth can be met without expanding fossil fuels.

Biden administration appealing injunction against LNG pause

A district court judge dismissed 11 of 16 charges against the administration but restricted it from further halting or pausing approvals for new liquefied natural gas export terminals.

New initiative aims to solidify carbon removal standards

The Carbon Removal Standards Initiative seeks to provide policymakers and regulators with “financially unconflicted advice” to monitor and develop standards for the industry.

Dominion says ratepayers will be insulated from PJM capacity auction impacts

Despite the PJM Interconnection’s 2025/26 capacity auction seeing record high prices, Dominion Energy has the “natural hedge” of its own generation, said CEO Bob Blue.

SunPower files for bankruptcy, plans to sell or wind down remaining operations

SunPower, a leading residential solar installer, has encountered a “severe liquidity crisis” and must sell its assets to pay down more than $2 billion in debts, company officials said.