New York State has set an ambitious target of achieving 6 GW of energy storage by 2030, doubling its initial goal of 3 GW. This plan, approved by the New York State Public Service Commission (PSC), aims to significantly reduce future statewide electric system costs and improve public health by
In the face of soaring electricity prices in California, the state's utility demand response (DR) programs, especially those overseen by investor-owned utilities (IOUs), are becoming increasingly scrutinized for their cost-effectiveness. The financial dynamics of these programs prompt critical
In a strategic move to enhance technical collaboration and ensure more effective engagement of flexible energy resources, the Electric Reliability Council of Texas (ERCOT) is set to take over the management of Texas’ virtual power plant pilot program from the Public Utility Commission of Texas (
The recent advancements in AI technology by the Chinese startup DeepSeek have sent shockwaves through the energy and technology sectors. The company's breakthrough in creating highly efficient AI models at a fraction of the cost of leading U.S. products has led to a significant reevaluation of
The unveiling of DeepSeek's low-cost AI model, DeepSeek-V3, has sparked a significant debate and market ramifications, particularly concerning the projected electrical demand necessary to support data centers in the U.S. This development has far-reaching implications for various segments of
Efforts to reduce utility bills through energy efficiency vary significantly across U.S. states, with nearly half of them neglecting to implement basic measures intended to promote energy conservation. This situation has worsened in light of former President Donald Trump’s rollback of federal c
