FERC Proposes Broad Transmission Planning and Cost Allocation Reforms

U.S. Energy Department Announces $4.9 Billion Conditional Loan Guarantee to Major Midwest Power Line

The U.S. Energy Department on Nov. 25 announced a conditional commitment for a loan guarantee of up to $4.9 billion to Grain Belt Express LLC to help finance a high-voltage direct current interregional transmission project. The 2,500-megawatt (MW) power line would run approximately 578 miles between Kansas and Missouri. The transmission project – Grain Belt…...

Maine Governor Endorses Avangrid’s $1 Billion Hydropower Transmission Line

FERC Updates Transmission Planning Rule to Expand State Role

The Federal Energy Regulatory Commission has issued an order largely affirming its transmission planning and cost allocation rule, with changes to enhance the ability of state regulators to take part in the planning process. The order is in response to requests for rehearing of the original order – Order No. 1920 – adopted in May…...

Maine Governor Endorses Avangrid’s $1 Billion Hydropower Transmission Line

New York Grid Operator Highlights Growing Risks to Statewide Electric System Reliability

The New York Independent System Operator on Nov. 21 released its 2024 Reliability Needs Assessment, or RNA, which evaluates the reliability of the state’s power grid from 2028 to 2034 based on projected peak power demand, planned transmission system upgrades, and anticipated changes in the generation mix over the next decade. The RNA highlights a…...

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U.S. Utility Spending Over Two Decades Rose Due to Grid Investments: EIA

Major utilities have increased their annual spend to produce and deliver electricity over the last two decades, according to an Nov. 18 report published by the U.S. Energy Information Administration. Annual spend rose 12 percent from $287 billion during 2003 to $320 billion during 2023. The increase in annual spend can be attributed to capital…...

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U.S. Interior’s Investments From 2021 Infrastructure Law Added $3 Billion to U.S. Economy Last Year

The U.S. Interior Department has released a new analysis report that estimates that investments from the 2021 Infrastructure Investment and Jobs Act, or IIJA, contributed to over $3.3 billion to the U.S. during the fiscal year 2024. Moreover, the law has provided over 28,000 employment opportunities. The IIJA, which represents the largest investment in U.S…....

EnerKnol Research PU Visual Primer Electric Vehicles 2024 11 19 Blog preview 1

States Advance Plans to Strengthen Charging Infrastructure as EV Adoption Grows

States across the U.S. are implementing initiatives to enhance electric vehicle (EV) charging infrastructure as EV adoption continues to grow. Recent policies range from…Read the full report  …...

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Biden Administration Awards Over $17 Million to Support Community Clean Energy Projects

The U.S. Energy Department has announced the tenth tranche of award beneficiaries through the Energy Efficiency and Conservation Block Grant, or EECBG, program.  The program will allocate over $17.7 million to 61 local and territorial governments to enhance energy efficiency, lower climate pollution, and reduce overall energy usage. The program, supported by the 2021 Infrastructure…...

Utility Power Shutoffs

New York Electric Grid Ready to Meet Forecasted 24-Gigawatt Peak Winter Demand: NYISO

The New York Independent System Operator on Nov. 13 confirmed that the state has adequate supplies to meet the forecasted electricity demand this winter. The grid operator’s 2024-2025 annual assessment revealed that the state has 29,514 megawatts (MW) of power resources, which is more than sufficient to meet a forecasted peak demand of 23,800 MW…....