The Texas Public Utilities Commission on Oct. 16 issued an order allowing El Paso Electric to add a 228-megawatt natural gas-fired generating unit to its Texas-based Newman Power Station. The project is expected to come online in 2023 at an expected cost of $143 million. By the end of 2022, El Paso Electric plans to…...
The Federal Energy Regulatory Commission on Oct. 15 issued an order on PJM Interconnection LLC’s proposed revisions in response to a December 2019 order that directed the grid operator to expand the minimum offer price rule, or MOPR, effectively raising the bid price for state-subsidized resources to participate in the capacity market. Democratic Commissioner Richard…...
The New York State Public Service Commission on Oct. 15 adopted criteria it will apply to determine which transmission projects should be advanced expeditiously to meet the state’s renewable energy goals. As part of the move, the commission designated the proposed Northern New York project as a high-priority initiative and referred it to the New…...
The U.S. Energy Department announced the first awards for two projects under the Advanced Reactor Demonstration Program launched in May. The program is designed to establish cost-shared partnerships with U.S. industry to expedite the demonstration of advanced nuclear reactors. TerraPower LLC and X-energy received $80 million each in initial funding to build two reactors that…...
