State of Industry

Louisiana Industries Push for Faster Renewable Energy Transition

Louisiana, known for its robust oil and gas industry, is experiencing a significant shift as some of its largest industries express frustration over delays in the state’s renewable energy transition. These major players are pushing for accelerated development and implementation of renewable...

FirstEnergy Explores Alternatives to PJM Capacity Market

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...

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,...

How Utilities Can Master Customer Engagement

Addressing the new energy customer engagement paradox BY GREG GUTHRIDGE, NICHOLAS HANDCOCK & JULIE TARTAGLIA, Accenture For utilities, the foundation of the energy marketplace is shifting. Providers face a market in flux with largely stagnant energy demand, shifting regulatory landscapes,...

DOE Grants $2.2B for Transmission and Storage Projects

In a landmark move aimed at accelerating the U.S. transition to a more resilient and sustainable energy grid, the Department of Energy (DOE) has announced a groundbreaking investment of $2.2 billion in innovative transmission and energy storage projects across 18 states. This significant funding...

Texas PUC Shelves $1B Grid Credit Mechanism

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...

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