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Ferc

All articles tagged with #ferc

FERC gives AI data centers a fast track to hook into the grid
technology21 days ago

FERC gives AI data centers a fast track to hook into the grid

FERC ordered six major U.S. grid operators to fast-track interconnection requests from data centers and other large electricity users, requiring them to demonstrate timely access and that data centers will cover interconnection costs, while leaving room for new transmission tech (e.g., solid-state transformers or superconducting lines). Grid operators must report spare generating capacity within 30 days and defend or revise regional electricity rates within 60 days; the move also pushes for more accommodating behind-the-meter power. Despite the fast lane, the U.S. still faces generation capacity constraints as data-center demand is expected to nearly triple by 2035, and grid connectivity has lagged in many regions.

Schiff Proposes Data Centers Fund Their Own Power
energy-policy1 month ago

Schiff Proposes Data Centers Fund Their Own Power

Sen. Adam Schiff introduced the Energy Cost Fairness and Reliability Act, which would require data centers over 50 MW to secure their own power, pay for the grid upgrades they necessitate, and not siphon electricity from existing plants, while directing FERC to update transmission rules to allow demand reductions during peak hours—a move framed as helping curb rising electricity costs amid AI power demand, though the bill currently has no Republican co-sponsors.

Maryland fights $2B grid bill tied to data centers
politics2 months ago

Maryland fights $2B grid bill tied to data centers

Maryland’s Office of People’s Counsel has filed a complaint with the Federal Energy Regulatory Commission challenging PJM Interconnection’s plan to charge the state about $2 billion for grid upgrades largely benefiting data centers, warning Maryland ratepayers could pay about $1.6 billion over the next decade (roughly $823M residential, $146M commercial, and $629M industrial). It argues the cost allocation is unfair and should be borne by the benefiting data centers or their operators under the ratepayer protection pledge.

Governors and Trump urge PJM to hold emergency data-center power auction
regulation-and-policy5 months ago

Governors and Trump urge PJM to hold emergency data-center power auction

The Trump administration and a bipartisan group of governors asked PJM to hold a one-time emergency auction to supply data centers with power from new plants, enabling 15-year power purchase agreements funded by the data centers themselves and potentially supporting about $15 billion in new generation; data centers would pay for generation even if unused. The move would require Federal Energy Regulatory Commission approval and is viewed by analysts as policy signaling rather than an imminent market reform, with a six-to-12 month timeline and potential implications for prices and utility stocks.

FERC Moves to Regulate Data Center and Power Plant Co-Location for Innovation and Consumer Protection
energy6 months ago

FERC Moves to Regulate Data Center and Power Plant Co-Location for Innovation and Consumer Protection

FERC has directed PJM, the nation's largest grid operator, to revise its rules to better accommodate AI-driven data centers and large loads co-located with generators, ensuring grid reliability and consumer protection while promoting technological innovation. The order addresses tariff clarity issues, mandates new transmission service options, and emphasizes reliability and fair regulation as technology advances.

Pennsylvania Considers Exit from PJM Amid Calls for Grid Reforms
energy9 months ago

Pennsylvania Considers Exit from PJM Amid Calls for Grid Reforms

Governors from PJM states threaten to leave the regional grid operator unless they are given a greater role in governance, citing concerns over rising capacity prices and the need for reforms to include more state influence, including board representation and FERC filing rights. PJM is open to discussions, but reforms would require approval and could take time, amid opposition from independent power producers.

US Energy Policy Faces Setbacks Amid GOP and Democratic Tensions
energy1 year ago

US Energy Policy Faces Setbacks Amid GOP and Democratic Tensions

Republican lawmakers and industry experts expressed concerns at the POLITICO Energy Summit that the recent GOP megabill may undermine US energy production by cutting clean energy tax credits for wind and solar, potentially hindering renewable growth and energy reliability, while debates continue over the bill's provisions and the independence of FERC amid political pressures.

Talen Energy Surpasses Q3 Expectations, Adjusts 2024 Outlook
business1 year ago

Talen Energy Surpasses Q3 Expectations, Adjusts 2024 Outlook

Talen Energy reported strong Q3 earnings, with EPS of $3.16 and revenue of $650 million, surpassing expectations. Despite a federal regulatory rejection of a $650 million nuclear deal with Amazon, Talen plans to continue collaborating with Amazon on commercial solutions. The decision reflects a broader trend of nuclear energy companies pursuing partnerships with tech firms to meet rising energy demands from AI data centers. The nuclear sector is experiencing growth, driven by increased interest in nuclear power for data centers and potential future investments in small modular reactors.