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Ferc

All articles tagged with #ferc

regulation-and-policy1 month ago•20 min saved

Governors and Trump urge PJM to hold emergency data-center power auction

The Trump administration and a bipartisan group of governors asked PJM to hold a one-time emergency auction to supply data centers with power from new plants, enabling 15-year power purchase agreements funded by the data centers themselves and potentially supporting about $15 billion in new generation; data centers would pay for generation even if unused. The move would require Federal Energy Regulatory Commission approval and is viewed by analysts as policy signaling rather than an imminent market reform, with a six-to-12 month timeline and potential implications for prices and utility stocks.

via Utility Dive|

#capacity-market #data-centers #emergency-auction

energy1 month ago•3 min saved

ISO-NE Plans Capacity Market Overhaul with 'Prompt' Auction Shift

ISO New England proposes a major overhaul of its capacity market by shifting to a 'prompt' auction system, buying capacity a month ahead instead of three years, to improve accuracy and efficiency, with additional reforms including seasonal auctions and updated resource retirement processes, aiming for implementation by March 2028.

via Utility Dive|

#auction-overhaul #capacity-market #electricity-supply

energy2 months ago•3 min saved

FERC Moves to Regulate Data Center and Power Plant Co-Location for Innovation and Consumer Protection

FERC has directed PJM, the nation's largest grid operator, to revise its rules to better accommodate AI-driven data centers and large loads co-located with generators, ensuring grid reliability and consumer protection while promoting technological innovation. The order addresses tariff clarity issues, mandates new transmission service options, and emphasizes reliability and fair regulation as technology advances.

via Federal Energy Regulatory Commission (.gov)|

#co-location #energy #ferc

energy2 months ago•2 min saved

FERC Moves to Regulate Data Center and AI Co-Location in Power Grids

FERC has directed PJM, the largest grid operator in the US, to revise its rules to better accommodate AI-driven data centers and large loads, ensuring grid reliability, fair rates, and consumer protection, while also addressing issues related to interconnection and capacity expansion.

via Federal Energy Regulatory Commission (.gov)|

#ai-data-centers #consumer-protection #energy

energy4 months ago•3 min saved

FERC and Federal Agencies Accelerate Power and Data Center Grid Connections

Energy Secretary Chris Wright has directed FERC to expedite the interconnection process for large, flexible loads like data centers, proposing new principles to standardize and accelerate the process amid growing demand for AI infrastructure and grid capacity concerns.

via Latitude Media|

#data-centers #energy #federal-regulation

energy5 months ago•5 min saved

Pennsylvania Considers Exit from PJM Amid Calls for Grid Reforms

Governors from PJM states threaten to leave the regional grid operator unless they are given a greater role in governance, citing concerns over rising capacity prices and the need for reforms to include more state influence, including board representation and FERC filing rights. PJM is open to discussions, but reforms would require approval and could take time, amid opposition from independent power producers.

via Utility Dive|

#energy #energy-reform #ferc

energy6 months ago•3 min saved

Debate Over Coal Plant Closures and Cost Sharing Continues

FERC approved cost recovery pathways for Consumers Energy and Constellation Energy to cover expenses incurred from DOE-mandated operations of power plants planned for retirement, affecting regions served by MISO and PJM, amidst ongoing legal and regulatory debates about fossil fuel plant retirements and emergency orders.

via Utility Dive|

#cost-allocation #doe-orders #energy

energy8 months ago•3 min saved

US Energy Policy Faces Setbacks Amid GOP and Democratic Tensions

Republican lawmakers and industry experts expressed concerns at the POLITICO Energy Summit that the recent GOP megabill may undermine US energy production by cutting clean energy tax credits for wind and solar, potentially hindering renewable growth and energy reliability, while debates continue over the bill's provisions and the independence of FERC amid political pressures.

via Politico|

#energy #energy-bill #energy-policy

business1 year ago•6 min saved

Talen Energy Surpasses Q3 Expectations, Adjusts 2024 Outlook

Talen Energy reported strong Q3 earnings, with EPS of $3.16 and revenue of $650 million, surpassing expectations. Despite a federal regulatory rejection of a $650 million nuclear deal with Amazon, Talen plans to continue collaborating with Amazon on commercial solutions. The decision reflects a broader trend of nuclear energy companies pursuing partnerships with tech firms to meet rising energy demands from AI data centers. The nuclear sector is experiencing growth, driven by increased interest in nuclear power for data centers and potential future investments in small modular reactors.

via Investor's Business Daily|

#amazon #business #data-centers

business1 year ago•1 min saved

Amazon's Nuclear Energy Ambitions Face Regulatory Hurdles

Amazon remains committed to its deal with Talen Energy to power an AWS data center in Pennsylvania with nuclear energy, despite the Federal Energy Regulatory Commission's rejection of an interconnection agreement. The deal, which involves a $650 million investment by AWS, aims to advance carbon-free energy solutions. Talen Energy's shares rose by 10.3% following the announcement.

via Seeking Alpha|

#amazon #aws #business

technology1 year ago•2 min saved

Regulators Block Amazon's Nuclear Power Deal, Energy Stocks Dive

The Federal Energy Regulatory Commission (FERC) has rejected a proposal to allow an Amazon data center to access additional power from a nearby Pennsylvania nuclear plant. This decision complicates efforts by tech companies to secure "behind the meter" nuclear power to meet the rising energy demands of AI. The 2-1 decision, with Republican commissioners outvoting the Democratic chair, highlights concerns over grid reliability and consumer costs. Despite this setback, tech giants like Amazon and Google continue to pursue nuclear energy deals to support their data centers and sustainability goals.

via The Hill|

#ai #amazon #data-centers

technology1 year ago•4 min saved

Amazon's Nuclear Data Center Plans Hit Regulatory Roadblock, Stocks Tumble

Amazon's plans to power its US datacenters with nuclear energy have been stalled after the Federal Energy Regulatory Commission (FERC) rejected a deal to increase power from the Susquehanna nuclear plant. The decision was influenced by concerns from utility companies about grid reliability and potential preferential treatment. FERC found that the proposed amendments lacked sufficient justification and could set a precedent affecting future grid arrangements. This highlights the challenges datacenter operators face in securing energy for expanding AI-driven services.

via The Register|

#amazon #datacenters #energy-grid

energy1 year ago•3 min saved

"Unlocking Grid Potential: DOE's Roadmap for Doubling Capacity and Reducing Emissions"

The U.S. Department of Energy has released a road map aimed at improving grid interconnection processes to address a 2.6-TW backlog, with a focus on increasing transparency, promoting economic efficiency, and maintaining grid reliability. The road map suggests creating new fast-track options for interconnection, investigating interregional transmission projects, and incorporating equity goals in transmission planning. It also recommends reducing cost uncertainty and making cost sharing more efficient, with potential impacts on interconnection queues and cost allocation.

via Utility Dive|

#doe #energy #ferc

energy-business2 years ago•2 min saved

"FERC Approvals Drive US LNG Expansion Amid Climate Concerns"

Tellurian Inc. has received an extension from the U.S. Federal Energy Regulatory Commission (FERC) for the construction of its Driftwood LNG facility near Lake Charles, Louisiana, with a new completion deadline of April 18, 2029. The facility, when completed, will have a capacity of approximately 27.6 million tonnes per annum (mtpa). Tellurian expressed gratitude to FERC for its oversight and diligence, emphasizing its commitment to providing liquefied natural gas exports to the global market.

via Yahoo Finance|

#driftwood #energy-business #ferc

energy-policy2 years ago•1 min saved

"Biden Appoints Willie L. Phillips, Jr. as Full-Time Chair of FERC"

President Biden has appointed Willie L. Phillips, Jr. as the Chair of the Federal Energy Regulatory Commission (FERC), an independent agency that regulates the interstate transmission of natural gas, oil, electricity, and other energy projects. Phillips, who has served as a FERC Commissioner since November 2021 and as Acting Chair since January 2023, brings over 20 years of legal expertise in utility regulation, bulk power system reliability, and corporate governance. His appointment comes as the Biden Administration aims to address the climate crisis and achieve a clean electricity grid by 2035, with FERC playing a crucial role in advancing these goals.

via The White House|

#climate-crisis #energy-policy #energy-regulation