The PJM Interconnection, which oversees the electricity grid for 13 Mid-Atlantic and Midwest states along with the District of Columbia, has agreed to implement price caps and floors for its upcoming capacity auctions. This decision comes in response to a complaint filed in December by Pennsylvania
Microsoft has announced an initial investment of $1 billion to construct three new data centers in Licking County, Ohio, as part of its ambitious plans to expand its Azure cloud computing platform. With sites set in New Albany, Heath, and Hebron, Microsoft aims to meet the ever-growing demand for
Connecticut is on a mission to revolutionize its electric grid by incorporating Distributed Energy Resources (DERs) into the power system, driven by the state's ambitious goal to achieve 100% zero-carbon electricity by 2040. The state is adopting innovative strategies to enhance grid stability,
The power industry is at a crux where the demand for electricity surges and the imperatives for renewable energy utilization and reduced greenhouse gas emissions are growing stronger. The sector is rapidly innovating with the help of technologies such as energy storage, smart grids, and, notably,
The transition to renewable energy sources is reshaping the dynamics of power grid management due to the fluctuating nature of wind and solar energy. Unlike the steady flow of energy from traditional sources, renewables are subject to the vagaries of the weather, creating a mismatch between the
As electricity needs grow alongside advances in manufacturing and AI, the U.S. Department of Energy's "Future of Resource Adequacy" report confronts the task of meeting demand while cutting emissions. A reflection of the Biden administration's investment goals, the document charts a course for the
