State of Industry

New York's Path to 8.5 GW of Grid Flexibility by 2040

New York State's transition to a clean, zero-emissions energy grid could include up to 8.5 gigawatts (GW) of grid flexibility by 2040, according to a new report from the Brattle Group. This projection, while contingent on achieving ambitious decarbonization goals, illustrates how the state could...

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,...

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...

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,...

Opening the Door to Grid Modernization

IESO stays ahead of Ontario’s rapidly changing marketplace BY PHILL FELTHAM, Editor-in-Chief Electricity Today Magazine Grid modernization is a buzz term used by regulators, utilities, and other participants within North America’s power sector. Modernizing the power grid is the proposed answer...

How Utilities Can Navigate the Energy Transition

The energy transition is an evolving process that is reshaping the utility sector, bringing both opportunities and challenges. As utilities face the need to shift from fossil fuels to cleaner, more sustainable sources of energy, they must develop strategies that address immediate operational needs...

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