The U.S. Department of Energy on Oct. 31 issued a notice of funding opportunity for up to $100 million to refurbish and modernize the nation’s coal-fired power plants, aiming to enhance operational efficiency, reliability, and longevity. The initiative builds on the department’s earlier plan to invest $625 million to expand and revitalize the coal sector,…...
PJM Interconnection LLC's capacity market auction for the 2026/2027 delivery year cleared at $329.17 per megawatt-day (MW-day), nearly 22 percent higher than the clearing price in the previous auction. The clearing price hit the cap recently approved by the Federal Energy Regulatory Commission (FERC) to bring stability to the market after last year’s unprecedented ninefold price surge.
The total operating capacity of U.S. coal-fired power stations is set to decrease from 172 gigawatts (GW) during May 2025 to 145 GW by the end of 2028, according to a July 14 report published by the U.S. Energy Information Administration. Coal usage in the U.S. electric power sector has declined significantly over the last…...
U.S. President Donald Trump on July 4 signed the One Big Beautiful Bill Act, a sweeping reconciliation measure that fundamentally reshapes federal energy policy. Backed by President Donald Trump and Republican leadership, the legislation takes down many of the clean energy incentives established under the Inflation Reduction Act while accelerating fossil fuel development on public…...
Across the U.S., accelerating electrification and large-load growth driven by data center expansion are contributing to higher demand projections, while generator retirements are outpacing the addition of new supply. These converging trends are tightening reliability margins and increasing the risk of resource adequacy shortfalls.
The U.S. Interior Department announced on June 12 a proposed rule to withdraw the 2024 “Ten-Day Notices and Corrective Action” rule. The 2024 rule, implemented by the previous administration, introduced definitions and deadlines that undermine clear intent of the Surface Mining Control and Reclamation Act of 1977, which designates states as the primary regulators of…...
