In a significant move aimed at securing grid reliability, Talen Energy has reached an agreement with PJM Interconnection, the Maryland Public Service Commission, Maryland electric utilities, consumer representatives, and the Sierra Club. The agreement will extend the operations of the 1.3-GW
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
The rapid expansion of data centers, driven by the increasing adoption of artificial intelligence (AI) technologies, is significantly boosting global electricity consumption. Data centers operate around the clock and require substantial amounts of power to maintain servers, cooling systems, and
The European energy landscape is facing significant challenges due to the recurring Dunkelflaute phenomenon, characterized by periods of minimal wind and sunlight. These conditions lead to substantial drops in renewable energy generation, resulting in volatile electricity prices. The debate over
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
