In a strategic move aimed at enhancing its power supply reliability, FirstEnergy is actively exploring alternatives to the PJM capacity market. This development reflects the company’s proactive approach to addressing challenges within the existing market structure and ensuring a more robust and resilient energy supply for its customers.
Understanding the PJM Capacity Market
The PJM capacity market, administered by PJM Interconnection, is a critical component of the region’s electricity market, which spans parts of the...
INTRODUCTIONNatural and man-made disasters threaten the electric grid’s ability to deliver reliable, high-quality power. Routine voltage sags and momentary interruptions impact power quality and are costly to producers and consumers. As the U.S. economy becomes increasingly dependent on...
In a significant shift in its renewable energy strategy, New Jersey has recently decided to cancel its plans to award a fourth offshore wind farm project. The decision marks a crucial moment in the state’s ongoing efforts to expand its offshore wind sector, which has long been hailed as a...
In a major step toward expanding clean energy infrastructure, Washington Governor Jay Inslee has approved a massive new wind farm project and called for faster permitting processes for wind turbines across the state. This move is part of Washington's broader strategy to meet its ambitious climate...
How utilities can move forward using electric vehicles BY BEAUDRY KOCK, Recargo Until recently, North American electric utility reps might have understood electric vehicles in one dimension only: potential adverse impacts on the power grid. However, as knowledge and understanding have grown, such...
In a significant shift in its renewable energy strategy, New Jersey has recently decided to cancel its plans to award a fourth offshore wind farm project. The decision marks a crucial moment in the state’s ongoing efforts to expand its offshore wind sector, which has long been hailed as a...
As the U.S. strives to strengthen its domestic renewable energy sector, ES Foundry, a new player in solar cell manufacturing, is helping to reshape the landscape. The company recently celebrated the grand opening of its cutting-edge facility in South Carolina, marking a significant step toward...
Sunnova, a prominent player in the residential and commercial solar industry, has recently announced a game-changing partnership with OpenSolar, a software company that provides a robust platform for solar installers. This new collaboration aims to leverage artificial intelligence (AI) to enhance...
As the U.S. energy landscape shifts towards cleaner, renewable sources, stakeholders in the solar, storage, and broader clean energy sectors are intensifying their lobbying efforts in Washington, D.C., aiming to secure the future of critical tax incentives introduced under the Inflation Reduction...
NuVision Solar, an American-owned and operated manufacturer of solar cells and modules, has announced its entry into the North American market. This strategic move aims to bolster domestic solar manufacturing and reduce reliance on imported solar components. Background The U.S. solar industry has...
In December 2024, the U.S. Department of Energy (DOE) announced funding to support community-led geothermal projects, aiming to enhance local energy resilience and promote equitable access to renewable energy. This initiative underscores the DOE's commitment to empowering communities in the...
