
The state is “tapping private investment and competitive market forces to deliver new grid capacity years faster and at a lower cost to customers than utility-owned infrastructure alone,” writes Common Charge Executive Director Mary Rafferty.
The agency previously said the projects would provide resource adequacy support to the PJM Interconnection, bolster transmission between the Southwest Power Pool and WestConnect regions, and address a lack of high-voltage transmission in Tribal areas.

In its decision affecting Exelon and Duke Energy utilities, the Federal Energy Regulatory Commission rejected calls to require the planned projects to go through a bidding process.

Executives tried to show they can secure the equipment needed to meet rising demand without shifting costs to existing customers as politicians take aim at data centers ahead of the midterm elections.
Another summer of evacuation orders and smoke-filled skies across the country as hundreds of wildfires are burning. Technology is helping to mitigate grid impacts.
When teams spend less time managing internal processes, they can spend more time advancing projects.
Why grid readiness may determine the future of the AI economy.

“The load profile is different from anything utilities have planned for before,” said Aparna Prabhakar, chief strategy and sustainability officer, energy management, for Schneider Electric.

Power now accounts for as much as 40% of the company’s revenue, CEO Alexandre L’Heureux said during a second-quarter earnings call.
PowerTransitions aims to buy a 1.2-GW power plant in New York for an “energy campus.” TransAlta intends to buy two power plants in Colorado totaling about 319 MW.