The Public Utility Commission of Texas (PUCT) has unanimously decided to shelve the proposed $1 billion Performance Credit Mechanism (PCM) for power generators, concluding that it would not deliver the anticipated grid reliability benefits.
The PCM was conceived as a means to incentivize power generators within the Electric Reliability Council of Texas (ERCOT) market to be available during periods of grid stress. This initiative emerged in the aftermath of Winter Storm Uri in February 2021,...
How utilities can yield significant operational benefits BY JEFF WALZ, Siemens Smart Grid As North American electric utilities continue to transform their existing electric delivery assets into a smarter grid, strong emphasis is placed on systems, products, and services that provide value in...
Moving utilities toward a modern energy system BY RONNY SANDOVAL, Environmental Defense Fund The need to build a smarter energy infrastructure has never been greater. Storms and other extreme weather events such as Hurricane Sandy continue to test the limits of the existing, century-old electric...
A coalition of large energy consumers and ratepayer advocates has filed a complaint with the Federal Energy Regulatory Commission (FERC), urging the agency to prohibit transmission owners from independently planning "local" transmission projects exceeding 100 kilovolts (kV). The coalition argues...
In a landmark move aimed at accelerating the U.S. transition to a more resilient and sustainable energy grid, the Department of Energy (DOE) has announced a groundbreaking investment of $2.2 billion in innovative transmission and energy storage projects across 18 states. This significant funding...
A coalition of large energy consumers and ratepayer advocates has filed a complaint with the Federal Energy Regulatory Commission (FERC), urging the agency to prohibit transmission owners from independently planning "local" transmission projects exceeding 100 kilovolts (kV). The coalition argues...
The Public Utility Commission of Texas (PUCT) has unanimously decided to shelve the proposed $1 billion Performance Credit Mechanism (PCM) for power generators, concluding that it would not deliver the anticipated grid reliability benefits. The PCM was conceived as a means to incentivize power...
The Federal Energy Regulatory Commission (FERC) has rejected a proposal from PJM Interconnection, one of the United States' largest regional transmission organizations, to alter its transmission planning protocol. The decision represents a significant victory for state regulators who had expressed...
In a significant move that underscores the growing demand for reliable and sustainable energy to power the expanding digital infrastructure, the Federal Energy Regulatory Commission (FERC) has approved an interconnection agreement between Talen Energy, Amazon Web Services (AWS), and Exelon. This...
In a significant move for the renewable energy landscape, RWE, a leading global energy company, has announced the addition of 450 megawatts (MW) of battery energy storage capacity in Texas. This expansion underscores the growing importance of energy storage solutions in enhancing grid reliability...
In a landscape characterized by evolving energy demands and increasing pressure to transition to renewable sources, the Pathways Initiative is proposing a significant restructuring of power market oversight in the Western United States. This initiative seeks to create a regional organization that...
