Tag: electricity

June 24, 2024

As electrification becomes a leading decarbonization strategy, utilities must make significant investments into clean generation technologies and their grids. Those investments are poised to add up fast. But they can’t just be fast, they must also be lean — just […]

March 28, 2024

Millions of electric customers are on the cusp of gaining access to the benefits of local, clean solar energy as state legislatures in at least eight states across the country consider bills that would allow third-party community solar development for […]

March 27, 2024

Demand response can be more than traditional load control if flexible power system support from programs aggregating customer-owned resources is properly valued, new research finds. Utilities that recognize how price-based demand response, or PBDR, programs can change customer electricity usage […]

March 19, 2024

Some California lawmakers have proposed repealing a measure the legislature approved in 2022 that would protect low-income customers and beneficial electrification from electricity rates that are now the nation’s third highest. The income graduated fixed charge, or IGFC, was proposed […]

August 9, 2023

With electricity bills consistently higher than the national average, and only expected to continue to rise, West Virginia is at a crossroads in its energy pathway. Consequently, the state’s regulatory commission has opened a task force to ensure an affordable […]

May 1, 2023

There are many reasons utilities and power plant operators need to enable advanced analytics to better utilize data. It could start with better load forecasting with real-time updates, supporting both power plant operations and the electricity grid. Data also is […]

February 17, 2023

Kindle Energy is breaking ground on a 700 MW natural gas-fired combined-cycle plant in Iberville Parish, Louisiana. The Magnolia Power Generating Station will provide electricity directly to five rural utility cooperatives across the state starting in May 2025, according to […]

February 15, 2023

FirstEnergy expects spending on its distribution system will grow to $2.2 billion in 2025 from $1.7 billion this year. Transmission investment is set to jump to $1.9 billion in 2025 from $1.7 billion this year. Capital expenditures for five years […]

September 29, 2022

More than 2.5 million electricity customers in Florida were without power early Sept. 29 as Hurricane Ian wreaked havoc on the state’s power grid and continued to cause damage with high winds and heavy rain, even after being downgraded to […]

October 29, 2021

Siemens Energy and Aker Solutions will develop a high-voltage direct current (HVDC) power transmission system to connect the Sunrise Wind power plant with the grid. The project will provide the first offshore wind project in the US to connect to […]

September 23, 2021

Some 15 mayors have signed the declaration to increase the pace at which their cities are deploying renewable energy resources to create healthier communities, improve air quality, create green jobs and protect their most vulnerable residents from the impacts of […]

September 7, 2021

Eversource Energy (NYSE:ES) is a utility that transmits and delivers electricity, natural gas and supplies water to around 4.3 million customers in Connecticut, Massachusetts, and New Hampshire. The utility sector has lately benefited from several tailwinds. Due to the need […]

September 2, 2021

Southern Company (NYSE:SO) is a leading utility that provides electricity in three states and supplies natural gas to 4.3 million customers across four states. Like the stock price of many other utilities, Southern Company’s stock price fell around March of […]

June 1, 2021

The move away from coal-fired power generation has supported the growth of other technologies to produce electricity. Discussions often revolve around renewable resources such as solar and wind, or the increased use of natural gas. Another technology also is looking […]

April 2, 2021

For the electricity industry, the investment would be impressive at about $406 billion, and would help support many of the clean energy, grid modernization, and electrification goals that many utilities have in place today. Further, it would jump start the […]

March 26, 2021

The winter storm that swept over Texas last month caused power shortages that left millions of people in the dark and without heat on the coldest days in decades. “Regardless of their exact causes, the Texas blackouts have served as […]

March 19, 2021

A POLR, essentially a utility or entity that is obliged to serve all customers, isn’t specific to the electric sector — telecommunications carriers of last resort, for instance, have existed since the 1990s. In California, the concept has become especially […]

February 9, 2021

Community choice aggregators (CCAs) have become a formidable player in California’s electricity markets, taking over the role of supplying electricity to millions of customers from the state’s investor-owned utilities, announcing big-time clean energy contracts and pushing regulators to add flexibility […]

January 27, 2021

California utilities have the authority to proactively de-energize their power-lines as a way to reduce the risk of wildfires in their service territories, albeit as a last resort. In 2020, wildfires burned more than 4 million acres of the state […]

August 18, 2020

The largest power plants in the the U.S. — massive feats of engineering like the over 5,000 foot-long, 6,800-MW capacity Grand Coulee Dam — are proving to be no match in scale to the combined power of the rooftops and […]