New Jersey Governor Mikie Sherrill on July 13 signed the Power NJ Act, establishing a competitive procurement framework for at least 1,100-megawatt of new nuclear generation as the state works to meet rising electricity demand, strengthen grid reliability, and expand its supply of carbon-free power. The legislation directs the New Jersey Board of Public Utilities…...
The U.S. Energy Department on July 8 approved a loan of up to $3.26 billion for AEP Texas to expand and modernize the state’s transmission system, extending the Trump administration’s effort to strengthen domestic energy infrastructure. The financing, provided through the Office of Energy Dominance Financing, is expected to lower long-term electricity costs, improve grid…...
New Jersey Governor Mikie Sherrill on July 7 signed three legislative measures aimed at lowering electricity costs by eliminating an added transmission incentive for utilities, strengthening oversight of utility infrastructure investments, and requiring large data centers to bear a greater share of electricity and grid costs. The legislation, together with energy affordability initiatives advanced during…...
The Federal Energy Regulatory Commission on June 18 directed the nation’s six regional grid operators to justify existing rules or propose reforms aimed at accommodating rapidly growing demand from data centers, advanced manufacturing facilities, and other energy-intensive customers. The action reflects mounting concerns that existing transmission planning and service processes are not keeping pace with…...
The Texas Public Utility Commission on June 18 approved a new process developed by the Electric Reliability Council of Texas to evaluate large electricity users seeking access to the state’s power grid, marking a significant shift in how rapidly growing demand from data centers and other large facilities will be managed. The framework, known as…...
The U.S. Interior Department on June 17 announced a settlement agreement with affiliates of Invenergy to terminate four offshore wind leases and redirect approximately $765 million toward natural gas-fired generation and geothermal energy projects across several states. Invenergy, one of the nation’s largest privately held energy infrastructure developers, will voluntarily relinquish offshore wind lease holdings…...
The New Jersey administration on June 16 joined eight Northeast states and the District of Columbia in releasing a set of reports that lay out technical standards and policy recommendations for developing a more coordinated offshore transmission network along the Atlantic Coast. The reports were prepared by the POINTS Consortium, a research initiative supported by…...
The U.S. Energy Department on June 15 finalized a $1.6 billion loan for DTE Gas Company to modernize natural gas infrastructure in Michigan, a move projected to deliver more than $700 million in savings for customers while improving the reliability of the state’s energy distribution system. The financing, announced through the DOE’s Office of Energy…...
The Michigan Public Service Commission on June 11 established a statewide energy affordability goal that aims to reduce the energy burden of low-income households to no more than 6 percent of annual income, creating a new framework for utility assistance programs and customer bill support. The target allocates up to 4 percent of household income…...
The New York State Public Service Commission on June 11 initiated a proceeding to establish a Nuclear Reliability Backbone, or NRB, framework that could support development of up to 5 gigawatts of new nuclear generation, advancing Governor Kathy Hochul’s strategy to strengthen grid reliability and support the state’s clean energy transition. The initiative will evaluate…...
The Federal Energy Regulatory Commission on June 9 approved a proposal from PJM Interconnection to establish a temporary expedited interconnection process aimed at bringing large new power resources online more quickly as electricity demand accelerates across the Mid-Atlantic and Midwest power markets. The new Expedited Interconnection Track will allow up to 10 qualifying projects to…...
The U.S. Energy Department on June 9 released a national fusion strategy aimed at accelerating the development and commercialization of fusion energy, with the goal of supporting fusion pilot plants and commercial power generation by the mid-2030s. The initiative outlines federal priorities for research, infrastructure, workforce development, and industry collaboration as the U.S. seeks to…...
