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State of Industry


PJM Urges FERC to Dismiss Complaint Over Soaring Capacity Auction Costs

In a recent development, the PJM Interconnection, along with independent power producers and clean energy trade groups, has urged the Federal Energy Regulatory Commission (FERC) to dismiss a complaint filed by ratepayer advocates concerning PJM's last capacity auction. The complaint, which seeks to...

Shedding Light on North America's Power System

What is next for the century-old electricity grid? BY MALCOLM METCALFE, ENBALA Power Networks Today’s power system is undergoing a paradigm shift that is changing many fundamental design principles that have been in use for nearly 100 years. The existing grid has been carefully planned and...

FERC Rejects PJM Transmission Planning Change

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...

The End of the Road for Transmission Incentives

In a significant shift, the Federal Energy Regulatory Commission (FERC) has decided to abandon its transmission incentives policy, particularly the construction work in progress (CWIP) incentives. This decision marks a pivotal change in how transmission projects are financed and regulated,...


Pennsylvania’s Yaw Bill

In a significant move for Pennsylvania’s energy sector, State Senator Gene Yaw has introduced a transformative piece of legislation aimed at modernizing the state's approach to power plant development and capacity management. The bill, which has been the subject of considerable discussion,...

State of Industry

utility consumer

How utilities can keep the lights on

Utilities worldwide have been on a roller-coaster ride, and an often painful one, over the past decade. Despite the sharp growth in global demand for electricity, many utilities have lost value or posted below-average returns. A McKinsey analysis of 50 major publicly listed utilities from Asia, Europe, and North America showed average total cumulative returns to shareholders of about 1 percent from July 2007 to July 2017, compared with 55 percent for the MSCI World...

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