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Transmission
Senate Majority Leader Chuck Schumer (D-NY) recently sent a letter to the Federal Energy Regulatory Commission noting his “strong interest” in FERC “expeditiously finalizing a strong transmission planning and cost allocation rule, as well as a federal backstop electric transmission siting rule.”
Generation
As the threats to the resilience and reliability of the electric power grid caused by extreme weather events rise, the advantages of small modular reactors are becoming more apparent.
Distributed Energy Resources
The Grand Haven Board of Light and Power on July 25 reported that its renewable energy portfolio has increased from 9.4% in 2019 to 22% in 2022 and is on track to reach 28% by 2025.
Electricity Markets
Renewable generation is growing quickly in Texas’ electric market, but the state is at risk of rising curtailments unless transmission resources also increase, according to the Department of Energy’s Energy Information Administration.
Electricity Markets
The Bonneville Power Administration has released a draft Provider of Choice Policy that describes BPA’s proposed products and service offerings for the period following the expiration of existing long-term power sales contracts on Sept. 30, 2028, and BPA’s proposal for distribution of the costs and
Reliability
The Senate Committee on Appropriations on July 20 approved the Fiscal Year 2024 Energy and Water Development appropriations bill, which includes $1.2 billion to be spent through 2026 to “enhance the domestic supply chain for the manufacture of electric grid components.” This supply chain funding is
Electricity Markets
Grid operators this week are preparing for an increase in power demand with forecasts for continued hot temperatures across much of the U.S. On July 24, the Midcontinent ISO said that it anticipates high demand in its North and Central Regions this week due to extreme heat. “We are coordinating with
Distributed Energy Resources
The Department of the Interior on July 20 said it will hold the first-ever offshore wind energy lease sale in the Gulf of Mexico.