EnerKnol Research PU Visual Primer Offshore Wind 2024 09 03 Blog preview

Visual Primer: U.S. Offshore Wind Industry Continues to Expand Amid Setbacks

Despite facing hurdles, the U.S. offshore wind industry continues to make progress. The Vineyard Wind project off Massachusetts is under investigation after a turbine blade failure, and a Gulf of Mexico lease auction has been canceled due to a lack of interest. Nevertheless, ambitious plans to expand the industry are moving forward, including the implementation of the first floating offshore wind research lease and California’s plan to procure 7.6 gigawatts (GW) of capacity.

New Jersey Approves Funding Method for 3.5-Gigawatt Offshore Wind Program

U.S. Interior Issues First Floating Offshore Wind Research Lease

The U.S. Interior Department on Aug. 19 announced the implementation of the first U.S. floating offshore wind energy research lease located close to Maine in the U.S. Outer Continental Shelf. The lease area covers around 15,000 acres and has the potential to support the generation of up to 144 megawatts (MW) of renewable energy. The…...

EnerKnol Research PU Visual Primer Data Centers 2024 08 20 Blog preview 1

Grid Planners Grapple With Ensuring Reliability Amid Unprecedented Projections of Demand Growth From Data Centers

The rapid surge in power demand from data centers has prompted calls for additional capacity to maintain grid reliability. Unlike “electrify everything” initiatives, such as…Read the full report  …...

EnerKnol Research PU Visual Primer Data Centers 2024 08 20 Blog preview

Visual Primer: Grid Planners Grapple With Ensuring Reliability Amid Unprecedented Projections of Demand Growth From Data Centers

The rapid surge in power demand from data centers has prompted calls for additional capacity to maintain grid reliability. Unlike “electrify everything” initiatives, such as transportation electrification, which are part of broader policy goals and planned through regulatory proceedings, large loads like data centers have emerged unexpectedly.

EnerKnol Research PU Visual Primer PJM Capacity Auction 2024 08 13 Blog preview

Visual Primer: PJM Capacity Auction Prices Surge to Record Highs Amid Supply Concerns

PJM Interconnection LLC’s capacity market auction for the 2025/2026 delivery year cleared at $269.92 per megawatt-day (MW-day), about nine times the clearing price in the last auction. The significantly higher prices resulted from a reduced electricity supply, mainly due to numerous generator retirements, coupled with rising demand and the implementation of market reforms, according to PJM, which operates across 13 states and the District of Columbia.

Georgia Power’s Fuel Rate Changes Expected to Reduce Annual Billings by $329 Million

U.S. Energy Department Awards $2.2 Billion for Eight Grid Improvement Projects

The U.S. Energy Department on Aug. 6 announced $2.2 billion for eight grid infrastructure projects across 18 states. The core objectives of the investment are to improve grid resilience to extreme weather shocks, increase grid capacity to accommodate growing demand, and integrate clean and renewable power sources into the grid. These grid infrastructure projects are…...

ERCOT’s Final Winterization Report Confident That Texas Grid Is Prepared for Winter Weather

Minnesota Power Secures Regulatory Approval for Transmission Line Upgrade

The Minnesota Public Utilities Commission on Aug. 2 approved Minnesota Power’s high-voltage direct-current, or HVDC, transmission project designed to increase capacity to prepare the system for future expansion and address grid reliability. The approval allows for a capacity of up to 900 megawatts (MW), up from the current 550 MW capacity. The project is estimated…...

EnerKnol Research PU Visual Primer Hurricane Beryl 2024 08 06 Blog preview

Visual Primer: Hurricane Beryl Brings New Attention to Texas Power Grid Woes

Hurricane Beryl, the first major hurricane of the 2024 Atlantic hurricane season, has brought new attention to the fragility of the Texas power grid and the pressing need to strengthen utility infrastructure to ensure reliability. The hurricane made landfall in the Texas Gulf Coast, a key hub for the U.S. energy industry, on July 8.