Energy Update

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Funding for projects in 11 states was rescinded, including $435 million for a floating wind farm in Northern California and $47 million to boost an offshore wind project in Maryland that the Interior Department has pledged to cancel.

As Michigan Lawmakers work to court data centers through tax incentives, Consumers Energy, one of the state’s largest energy providers, is seeking to tweak its rate requirements for businesses using large amounts of energy over time, citing increasing requests for service from these types of facilities. 

PJM Interconnection has overseen two record-breaking capacity auctions, leading to costs that get passed on to consumers.

GridX will add meter-level forecasting capabilities that directly inform rate design and analysis, improving pricing strategies.

An ESIG report highlights why traditional approaches to long-term load and DER forecasting need to evolve to support the modern grid.

kWh Analytics is expanding its insurance solutions by adding up to $20M in protection for renewable assets against severe storms.

Georgia Power owns and operates 15 hydropower generation facilities, and has an ownership interest in a 16th.

If states can’t reach a deal ahead of the deadline, the federal government will likely step in and make those decisions for them.

With installation completed, Eco Wave Power has now officially entered the operational phase of its U.S. excursion at the Port of LA.

With Canada's energy needs forecasted to double by 2050, and Quebec projecting a demand increase of up to 35% by 2035, the province is moving forward with a $150 billion capital expansion part of Hydro-Québec's approximately $200 billion 2035 Action Plan meant to upgrade the grid, expand hydropower and wind power capacity, and modernize infrastructures.

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