The Public Utility Commission of Texas (PUCT) has unanimously decided to shelve the proposed $1 billion Performance Credit Mechanism (PCM) for power generators, concluding that it would not deliver the anticipated grid reliability benefits.
The PCM was conceived as a means to incentivize power generators within the Electric Reliability Council of Texas (ERCOT) market to be available during periods of grid stress. This initiative emerged in the aftermath of Winter Storm Uri in February 2021,...
How utilities can utilize multi-layered security approaches BY RICHARD CLARK, InduSoft Defense-in-depth is a security strategy first developed by military leaders in which multiple layers of safeguards are placed throughout a system. The concept behind the strategy is that it is more difficult to...
Often when project developers talk about the cost of a new power plant, wind farm, or solar installation, they’re referring to the capital cost of building a facility. Certainly those development costs have dropped over time—especially for wind and solar. But developers overlook the...
In a landscape characterized by evolving energy demands and increasing pressure to transition to renewable sources, the Pathways Initiative is proposing a significant restructuring of power market oversight in the Western United States. This initiative seeks to create a regional organization that...
Unclogging the arteries of North America’s power grid BY DAVE BRYANT, CTC Global Corporation Without access to affordable and reliable electricity, no society in today’s world can possibly flourish. Canada and the U.S. rely heavily on electricity to pump water to grow crops,...
A coalition of large energy consumers and ratepayer advocates has filed a complaint with the Federal Energy Regulatory Commission (FERC), urging the agency to prohibit transmission owners from independently planning "local" transmission projects exceeding 100 kilovolts (kV). The coalition argues...
The Public Utility Commission of Texas (PUCT) has unanimously decided to shelve the proposed $1 billion Performance Credit Mechanism (PCM) for power generators, concluding that it would not deliver the anticipated grid reliability benefits. The PCM was conceived as a means to incentivize power...
The Federal Energy Regulatory Commission (FERC) has rejected a proposal from PJM Interconnection, one of the United States' largest regional transmission organizations, to alter its transmission planning protocol. The decision represents a significant victory for state regulators who had expressed...
In a significant move that underscores the growing demand for reliable and sustainable energy to power the expanding digital infrastructure, the Federal Energy Regulatory Commission (FERC) has approved an interconnection agreement between Talen Energy, Amazon Web Services (AWS), and Exelon. This...
In a significant move for the renewable energy landscape, RWE, a leading global energy company, has announced the addition of 450 megawatts (MW) of battery energy storage capacity in Texas. This expansion underscores the growing importance of energy storage solutions in enhancing grid reliability...
In a landscape characterized by evolving energy demands and increasing pressure to transition to renewable sources, the Pathways Initiative is proposing a significant restructuring of power market oversight in the Western United States. This initiative seeks to create a regional organization that...
