Grid News: MISO Asks For New Measurements For Reliability
🌐 MISO seeks regulatory approval for innovative grid reliability measurement approach! 🔄 More about MISO’s proposal and its potential impact on grid resilience during peak demand periods!
US Electricity Prices Increasing, Outpacing Inflation!
💡💸 Brace yourselves: US electricity prices are rising, outpacing annual inflation! 📈 Analysts point to transmission costs and federal policies as key drivers behind the reported 3.6% increase, according to the Bureau of Labor Statistics. Get the full scoop on this electrifying update >>
Utility Fraud Threaten the Clean Energy Transition
The FirstEnergy scandal in Ohio is just the tip of the iceberg in the resurgence of fraud and corruption in the U.S. utility sector. As companies aim to spend billions on clean energy initiatives, we must remain vigilant against unethical practices. #utilitysector #corruption #cleanenergy #ethics
Grid Updates: Power Grid Lags in Building Out
Progress on building the power grid lags even as Congress wades through permitting reform bills and regulators advance measures to speed interconnection.
Maryland Ratepayers Shouldn’t Pay for VA Lines
The Maryland Office of People’s Counsel has recently stated that Virginia should bear the transmission costs resulting from its data center incentive policy. The policy has been deemed unfair to Maryland ratepayers. You can read more about this story here: https://www.utilitydive.com/news/maryland-ratepayer-advocate-ferc-pjm-rtep-transmissision-cost-virginia-data-center/707338/
Indictments: FirstEnergy Scandal Comes Into Focus
The recent Ohio indictments shed light on the FirstEnergy scandal and the squalid relationships that led to it. The scandal has taken the energy industry by storm and brought to light the corruption and unethical practices that have been taking place. Read the article >>
National Deep Freeze! Energy Market Headlines
WEATHER: 6-10 DAY AND 8-14 DAY OUTLOOK The current wave of freezing temperatures has sent the market northward over $3.00. Freezing temperatures have increased demand and likely caused well-head freeze-offs that have hurt production. The good news is that another warmer front will follow the cold front with warmer temperatures across the country in the…
PJM Long-Term Forecast Released
PJM has released its new long-term load forecast, and it predicts estimated electricity demand growth of 1.7% per year for summer peaks, 2% for winter peaks, and 2.4% for net energy over a 10-year planning horizon starting in 2024. The 2024 summer forecast peak demand, or load, is 151,254 MW, according to the 2024 PJM…