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Prices at PJM Interconnection’s 2025/2026 base residual auction (BRA) spiked to $ 269.92/MW-day for most resources in the wholesale power market, pointing to a tightening supply-demand balance that could have significant […]
The post PJM Capacity Auction Prices Surge Over Nine-Fold, Signal Urgent Need for New Power Generation appeared first on POWER Magazine.
Most people, when they imagine a power plant, picture equipment like smokestacks that stretch hundreds of feet into the sky, massive, spinning turbines and the hum of electric transmission lines […]
The post Unlocking the Benefits of Virtual Power Plants with Digital Technology appeared first on POWER Magazine.
The U.S. Supreme Court on June 28 overturned the Chevron doctrine—a forty-year-old precedent—significantly curtailing the power of federal agencies to interpret ambiguous statutory provisions, even in areas of agency expertise. […]
The post The Chevron Deference Is Dead. What Does It Mean for the Power Sector? appeared first on POWER Magazine.
The U.S. transmission and distribution (T&D) network is reliable and well-maintained, but as renewable energy continues being added to the grid, and demand increases due to growing data center needs […]
The post Strengthening America’s Electric Power Grid: How the Government and Industry Are Improving T&D Systems appeared first on POWER Magazine.
Siemens Energy and GE Vernova each announced the companies would support construction of large combined-cycle power plants in Saudi Arabia as part of that country’s plan to increase its supply […]
The post Siemens Energy, GE Vernova Each Will Build Two, 2-GW Gas-Fired Power Stations in Saudi Arabia appeared first on POWER Magazine.
Bill Gates’ nuclear innovation firm TerraPower has broken ground on the non-nuclear portion of Kemmerer Unit 1, a 345-MW Natrium sodium-cooled fast reactor (SFR) power plant. The groundbreaking on June […]
The post Kemmerer 1 Breaks Ground: A Look at TerraPower’s Natrium Fast Reactor Nuclear Power Plant appeared first on POWER Magazine.
