The PJM Interconnection's recent capacity auction has sent shockwaves through the energy sector, revealing an unprecedented surge in capacity prices and prompting urgent calls for legislative intervention. With capacity costs skyrocketing from $2.2 billion to a staggering $14.7 billion for the
In a significant move to address global warming and reduce greenhouse gas emissions, the U.S. Department of Energy has entered into voluntary agreements with six major electric utilities and the Tennessee Valley Authority (TVA). Announced by Secretary of Energy Hazel R. O'Leary at the United
The Omaha Public Power District (OPPD) has set an ambitious goal: reaching net-zero carbon emissions by 2050. To support this significant undertaking, they have partnered with Aspen Technology, Inc. (NASDAQ: AZPN), utilizing cutting-edge technology to ensure their success. The implementation of
The burgeoning demand for electricity in the United States is increasingly driven by an exceptional boom in artificial intelligence (AI). This remarkable surge has led U.S. electric utilities to project a very optimistic forecast, influencing market expectations of sales growth for the remainder of
The U.S. energy regulatory landscape is experiencing a seismic transformation due to recent Supreme Court rulings. Specifically, these decisions have sparked significant shifts in the balance of power between federal agencies and the judiciary, particularly affecting the Federal Energy Regulatory
Radian Generation, a prominent renewable energy software provider, recently made a significant strategic move by acquiring Proven Compliance Solutions Inc. (PCS). PCS is known for its expertise in NERC Reliability Standards compliance, cybersecurity (CIP), and providing operations and planning
