Generation
On July 28, the U.S. Department of Energy issued an emergency order to PJM Interconnection under which PJM will, in coordination with Talen Energy, operate Unit 4 at the Wagner Generating Station in Maryland “as PJM deems necessary beyond its environmental run-hour limitations through October 26, 2025.”
Generation
The average historical volatility of the daily Henry Hub front-month futures price, a key benchmark for U.S. natural gas, trended downward through the first half of the year, with quarterly volatility falling from a recent high of 81% in the fourth quarter of 2024 to 69% by mid-2025, the U.S. Energy Information Administration recently reported.
Generation
GE Vernova and Crusoe, the industry’s first vertically integrated AI infrastructure provider, recently announced a deal to deliver 29 units of GE Vernova’s LM2500XPRESS aeroderivative gas turbine packages to Crusoe AI data centers.
Generation
Pennsylvania State Senator Katie Muth will soon introduce legislation to prevent Pennsylvania residents and small businesses from subsidizing energy costs driven by large data center operations. The proposal is modeled on Oregon’s recently enacted POWER Act (HB 3546), which established a dedicated
Reliability
Florida Municipal Power Agency recently recognized municipal electric utilities with Florida Public Power Reliability Awards for the first time, honoring the utilities’ achievements in delivering reliable electricity to their customers.
Energy Storage
New York Gov. Kathy Hochul on July 28 announced the launch of New York’s first Bulk Energy Storage Request for Proposals, which is intended to procure one gigawatt of bulk energy storage as part of New York’s 6 GW Energy Storage Roadmap.