The Ontario government's consideration of a new, large-scale nuclear power plant at the Wesleyville site, near Port Hope, has sparked an extensive dialogue among stakeholders. This ambitious proposal aims to address the province's escalating energy demands and secure long-term energy supply through
American Electric Power (AEP) has recently announced its decision to sell a 19.9% equity interest in AEP Ohio Transmission Company (OHTCo) and AEP Indiana Michigan Transmission Company (IMTCo) to a consortium comprising KKR and Canada’s Public Sector Pension Investment Board (PSP) for $2.82
The summer of 2024 marked a significant milestone for the Electric Reliability Council of Texas (ERCOT) as solar energy and battery storage reached unprecedented levels. This remarkable achievement underscores the growing importance of renewable energy sources in Texas' energy mix. However, as we
PJM Interconnection's proposal to enhance grid access through previously underused interconnection capacity has garnered broad support, heralding a potential game-changer for regional power supply. The proposal aims to unlock over 26 GW of accredited capacity by the 2026/2027 delivery year, a
In the rush to reduce carbon footprints and embrace a cleaner, greener future, many have turned to renewable energy sources like wind and solar power. The optimistic portrayal of a world free from fossil fuels often overlooks some critical hurdles, chief among them being the hidden costs and
North America is facing a potential energy crisis over the next decade, driven by surging electricity demand coupled with the retirement of power generators. The North American Electric Reliability Corp. (NERC) has highlighted this pressing issue in its Long-Term Reliability Assessment (LTRA) for
