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Battery energy storage systems, especially those used for arbitrage, could face faster degradation and higher capital expenditures volatility than renewables and thermal peaking plants, according to Fitch Ratings.
At a meeting held during its annual conference, the Florida Municipal Electric Association on July 19 elected a new slate of officers to preside over the organization’s board of directors.
The Lansing Board of Water & Light on July 19 announced its plan to build over 650 megawatts of clean energy projects to support its clean energy goals and meet future regional load growth.
Washington State-based Energy Northwest and X-Energy Reactor Company LLC on July 19 announced the signing of a joint development agreement for up to 12 advanced small modular reactors in central Washington capable of generating up to a total of 960 megawatts of electricity. Energy Northwest expects to bring the first module online by 2030.
Fervo Energy on July 18 announced that it has successfully completed the well test at its full-scale commercial pilot, Project Red, in northern Nevada.
SPONSORED ADVERTISING FEATURE As the threats to the resilience and reliability of the electric power grid caused by extreme weather events rise, the advantages of small modular reactors are becoming more apparent. Those threats were underscored recently when a prolonged heat wave and deadly storms
The New York City area could have a deficit as large as 446 megawatts as early as summer 2025, according to the New York Independent System Operator.
The PJM Interconnection was able to maintain system reliability and serve customers throughout the extreme weather that affected the regional transmission organization from Dec. 23 through Dec. 25, 2022, according to a PJM report.