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Operators plan to retire 5.2 gigawatts of U.S. electric generating capacity in 2024, a 62% decrease from last year when 13.5 GW was retired and the least in any year since 2008, according to the Energy Information Administration’s latest Preliminary Monthly Electric Generator Inventory.
Platte River Power Authority recently issued an all-dispatchable resources request for proposals to help firm its increasingly renewable energy portfolio.
Distributed Energy Resources
Arevon Energy Inc. on Feb. 21 announced that it has secured more than $1 billion in aggregate financing commitments for its Eland 2 Solar-plus-Storage Project in Kern County, California.
Electricity Markets
A Texas judge on Feb. 23 granted a temporary restraining order in a proceeding involving the Energy Information Administration’s recently announced plan to collect data tied to the electricity consumption associated with cryptocurrency mining activity.
In a recent letter sent to the Federal Energy Regulatory Commission, House Energy and Commerce Committee Chair Cathy McMorris (R-WA) and Energy, Climate, and Grid Security Subcommittee Chair Jeff Duncan (R-SC) voice concerns about the threat to reliability if the Lower Snake River dams are breached.
Electricity Markets
ISO New England, the Midcontinent Independent System Operator, the PJM Interconnection and the Southwest Power Pool on Feb. 21 published a position paper to identify for state and federal policymakers issues that, “if appropriately resolved, can enhance the reliability of gas-electric coordination for the benefit of both gas and electricity customers,” the grid operators said.
A study released by the Southeast Nuclear Advisory Council and conducted by E4 Carolinas details how the Southeastern United States is a pivotal region in the global nuclear industry.
Scientists at Oak Ridge National Laboratory and the University of Tennessee, Knoxville, have developed an algorithm to predict electric grid stability using signals from pumped storage hydropower projects.