The United States will likely need 47,300 GW miles of new transmission by 2035, a 57% increase compared to today’s transmission system under a moderate load growth-high clean energy growth scenario, according to a Department of Energy draft report. Read the complete details >>
FEBRUARY 2023: Electricity Insights After adjusting for inflation, costs for major U.S. utilities to produce electricity rose 6% in 2021 due to rising fuel costs. Electricity production costs declined for several years as natural gas prices fell and new low-cost renewable generators came online. However, the cost to deliver electricity across transmission and distribution lines…
The PJM’s proposed rule change will help ensure that load-serving entities are charged for capacity based on a reliability requirement that reflects actual reliability needs in a manner consistent with supply and demand fundamentals, FERC said in the 3-1 decision. The complete story b>>
The average cost for generators to connect to the grid in the PJM Interconnection soared from 2020 to 2022 compared to previous two-year intervals, driven mainly by network upgrades beyond the interconnecting substation, according to a study released Thursday by the Lawrence Berkeley National Laboratory. Read the complete story >>
About 23.2% of PJM’s generating fleet was unexpectedly offline on December 24, mainly because of plant equipment that didn’t operate and fuel supply problems. Read More >>
The U.S. power grid saw more reported physical and computerized attacks in the first eight months of 2022 than the whole year before — a count that doesn’t include December incidents in North Carolina and Washington.
U.S. grid regulators are examining the fallout from a wave of extreme cold that knocked out power to more than 1.6 million U.S. customers over Christmas weekend and raised urgent questions about grid reliability.
Henry Hub: Natural Gas Market GAS STORAGE ALMOST EQUAL TO LAST YEAR & THE FIVE-YEAR AVERAGE EAST WILL SEE HIGH DEMAND IN THE NEXT WEEK Electricity: FirstEnergy Auction FirstEnergy is holding its second and final auction for next year on January 10 and should be announced shortly after. The first auction in October 2022 came…