The PJM electricity market faces a capacity shortfall, due to rising demand and a slow and inefficient interconnection process. As millions of people across the region face rate hikes due to this capacity shortfall, the states that are part of the PJM market are seeking new ways to take action to help keep power affordable and reliable. In the face of these challenges, some stakeholders are seeking to attract more natural gas power plants to PJM states. However, natural gas power plants are...| Advanced Energy Perspectives
California is making enormous strides in its race to 100% clean energy, but rapidly rising energy prices are threatening to hold us back. Electricity prices have surged 127% over the past decade, with some customers seeing increases of over 60% just in the last four years. These rising costs put a significant strain on household budgets, especially in disadvantaged communities, and pose a growing threat to the success of California’s clean energy and electrification goals.| Advanced Energy Perspectives
After a robust exchange of testimony, arguments, and briefings among stakeholders, the fate of We Energies’ (WEC)proposal to spend $1.2 billion on a new gas plant – a plant the utility plans to use just 10-20% of the time – now rests with the Public Service Commission (PSC) of Wisconsin. Formal proceedings before the PSC concluded on April 11, and a decision is expected in the coming weeks.| Advanced Energy Perspectives
The 2024 NV Energy Integrated Resource Plan (IRP) proceeding is coming to a close, with a decision expected from the Public Utilities Commission of Nevada (PUCN) by December 20, 2024. In Nevada, an IRP proceeding is conducted every three years with the goal of ensuring that NV Energy has the resources it needs to reliably and affordably serve Nevada’s electric customers and meet state policy goals. However, NV Energy’s proposed IRP, similar tothose preceding it, exemplifies how the IRP pr...| Advanced Energy Perspectives