In a strategic move aimed at enhancing its power supply reliability, FirstEnergy is actively exploring alternatives to the PJM capacity market. This development reflects the company’s proactive approach to addressing challenges within the existing market structure and ensuring a more robust and resilient energy supply for its customers.
Understanding the PJM Capacity Market
The PJM capacity market, administered by PJM Interconnection, is a critical component of the region’s electricity market, which spans parts of the...
Texas is at a pivotal crossroads in its energy policy, with legislative actions that could significantly reshape the state's electricity landscape. A recent report by Aurora Energy Research, commissioned by the Texas Association of Business, warns that proposed restrictions on renewable energy...
As the world grapples with the accelerating impacts of climate change, U.S. policymakers are increasingly recognizing the need for bold and effective strategies to reduce carbon emissions. One of the most outspoken advocates for such action is Senator Sheldon Whitehouse from Rhode Island, who has...
As the global demand for renewable energy intensifies, wind farms are emerging as pivotal players in the transition to sustainable power sources. In 2023, the wind industry added a remarkable 117 gigawatts (GW) of global capacity, underscoring its growing significance in the energy landscape....
In a significant boost for the clean energy sector, U.S. households claimed a record $8.4 billion in tax credits for energy efficiency and clean energy improvements in 2023, according to a recent Treasury Department report. This substantial uptake of tax incentives underscores a growing commitment...
In a significant policy shift, the Trump administration has ordered a halt to the construction of the Empire Wind 1 offshore wind project off the coast of Long Island, New York. This move has raised concerns about the future of renewable energy development in the United States, particularly in...
Iowa, a leading state in wind energy production, is making significant strides in addressing the environmental challenge posed by decommissioned wind turbine blades. Traditionally, these blades—constructed from durable materials like fiberglass and resin—have been difficult to recycle,...
As the global demand for renewable energy intensifies, wind farms are emerging as pivotal players in the transition to sustainable power sources. In 2023, the wind industry added a remarkable 117 gigawatts (GW) of global capacity, underscoring its growing significance in the energy landscape....
Michigan is accelerating its transition to renewable energy, aiming to generate 60% of its electricity from clean sources by 2030. This ambitious goal is part of a broader strategy to achieve 100% clean energy by 2040, as outlined in the MI Healthy Climate Plan. To meet these targets, developers...
In a significant legal move, 17 Democratic-led states and the District of Columbia have filed a lawsuit against the Trump administration, aiming to block its executive order that halts federal approvals for new wind energy projects. The lawsuit, filed in the U.S. District Court for the District of...
Texas is at a pivotal crossroads in its energy policy, with legislative actions that could significantly reshape the state's electricity landscape. A recent report by Aurora Energy Research, commissioned by the Texas Association of Business, warns that proposed restrictions on renewable energy...
