Latest News

Automated analysis of power industry news, curated for developers and large loads.

POWER Magazineabout 15 hours ago

DOE Launches $100M Retrofit Program Targeting Coal Fleet Reliability

  • The Department of Energy (DOE) has launched a $100 million Notice of Funding Opportunity (NOFO) to provide federal backing for projects modernizing and restoring the reliability of the existing coal power plant fleet.
  • Administered by NETL under the Office of Fossil Energy and Carbon Management, this program targets life extension and operational improvements for coal assets.
  • For developers, this presents a direct funding pathway for retrofitting and upgrading coal plants; for large power consumers, it indicates continued federal support for existing baseload generation, potentially impacting long-term supply stability.
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Utility Diveabout 20 hours ago

Making flexibility work: A concrete framework for the DOE large load proposal

  • The DOE's proposal for interconnecting large loads, particularly data centers, mandates load flexibility but lacks specific implementation details.
  • A framework is being proposed by former FERC Commissioner Allison Clements and Roselle LLP to provide concrete guidelines for operationalizing this required load flexibility.
  • Developers and large power consumers, especially data centers, should anticipate new, detailed interconnection requirements focused on demand-side management and grid responsiveness.
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Energy Storage Newsabout 22 hours ago

GridStor’s 440MWh Texas BESS begins operations

  • GridStor's 220MW/440MWh Hidden Lakes Reliability BESS in Texas is now fully operational, adding significant dispatchable capacity to the grid.
  • This project enhances grid stability and resource adequacy within the ERCOT market, potentially mitigating price volatility during peak demand or scarcity events.
  • The successful commissioning signals continued robust investment and integration of large-scale battery storage, offering critical flexibility for developers and large power consumers in Texas.
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CleanTechnica1 day ago

Elections Have Consequences: NJ Governor-Elect Mikie Sherrill Will Push The Solar Power Envelope

  • New Jersey Governor-Elect Mikie Sherrill will prioritize solar power development.
  • The incoming administration views solar as the fastest and most economical way to expand electricity supply to the grid.
  • This signals a strong policy push for increased solar deployment within the PJM market, potentially impacting future energy mix and pricing.
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Utility Dive1 day ago

CPower says its load relief more than doubled, to 38 GWh

  • CPower, an NRG Energy subsidiary and major virtual power plant (VPP) platform, more than doubled its load relief to 38 GWh.
  • The company manages approximately 6.7 GW of distributed energy resources (DERs) under contract, highlighting the growing scale of aggregated flexible load and generation.
  • This significant increase in load relief demonstrates the expanding role of VPPs in providing grid flexibility and capacity, impacting grid stability and potentially deferring traditional infrastructure investments.
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Utility Dive2 days ago

Why this little-known metric will decide the value of future energy resources

  • Short-duration battery storage is experiencing declining Effective Load Carrying Capability (ELCC), reducing its perceived value for grid reliability and capacity contributions.
  • This decline creates a significant planning dilemma for utilities, potentially impacting future capacity market revenues and the economic viability of short-duration battery projects.
  • Developers and IPPs must factor declining ELCC into project financial models and explore longer-duration storage or hybrid solutions to ensure project bankability.
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Utility Dive2 days ago

Exelon’s advanced data center pipeline grows to 18 GW

  • Exelon is developing an 18 GW data center pipeline, signaling massive growth in large power loads.
  • PJM's market monitor is scrutinizing a PECO Energy-Amazon data center agreement due to potential impacts on power costs and grid reliability.
  • The rapid expansion of data centers is raising significant regulatory and market concerns regarding grid stability, interconnection, and electricity pricing.
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Energy Storage News2 days ago

Xcel Energy plans 600MW ‘US Midwest’s largest BESS project’ in Minnesota

  • Xcel Energy plans to develop a 600MW battery energy storage system (BESS) at the Sherco Energy Hub in central Minnesota, making it the largest BESS project in the US Midwest.
  • This significant utility-scale storage deployment will enhance grid reliability and flexibility within the MISO region, potentially stabilizing energy prices and reducing peak demand charges for large power consumers.
  • The project signals a strong market commitment to large-scale BESS, creating substantial opportunities for developers in co-located renewable + storage projects, BESS component supply, and related services, while also highlighting the need for robust interconnection and transmission planning.
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Utility Dive3 days ago

Xcel proposes doubling battery storage at Minnesota coal plant

  • Xcel Energy has proposed to double the battery storage capacity at its Sherco coal plant in Minnesota to 600 MW, signaling a major utility investment in large-scale energy storage.
  • The proposal requires authorization from the Minnesota Public Utilities Commission (MPUC), underscoring the critical role of regulatory bodies in approving and shaping significant energy infrastructure projects.
  • This move indicates a growing utility-led trend towards integrating substantial battery storage into the grid, which can enhance grid stability, improve resource adequacy, and potentially impact capacity markets in the MISO region.
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POWER Magazine3 days ago

GridBeyond Launches Designer in SPP to Optimize Project Planning and Operations

  • GridBeyond has launched its 'Designer' AI solution within the Southwest Power Pool (SPP) market.
  • The tool is designed to assist asset owners and businesses in planning, designing, and analyzing prospective energy investments.
  • It aims to optimize project planning and operations, enabling users to maximize revenue from real-time markets and achieve savings on energy spend.
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CleanTechnica3 days ago

A Broad Family EV Journey, Including Tesla FSD 14 for a Member with Parkinson’s

  • The article highlights significant personal EV adoption (5 Teslas in one family, early adoption from 2014), signaling a rapidly accelerating mainstream trend.
  • This widespread EV integration points to substantial future increases in residential and commercial electricity demand, impacting grid planning, peak load management, and potentially wholesale power prices.
  • The mention of advanced features like FSD 14 suggests a future with higher vehicle miles traveled and energy consumption, necessitating robust charging infrastructure and grid upgrades from developers and IPPs.
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Energy Storage News3 days ago

Drax buys 260MW of in-development UK BESS projects

  • UK power generator Drax is acquiring three in-development Battery Energy Storage System (BESS) projects totaling 260MW from developer Apatura.
  • This acquisition highlights robust M&A activity and strong demand for BESS projects, offering potential exit opportunities for developers in the UK market.
  • The move by a major generator into significant BESS capacity signals an increasing focus on grid flexibility and ancillary services, which can impact grid stability and future energy pricing for large power consumers.
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Energy Storage News3 days ago

Baltic Storage Platform secures finance for Estonia BESS, Lithuanian scheme oversubscribed

  • Financing has been secured for two large-scale Battery Energy Storage System (BESS) projects in Estonia, indicating active development in the Baltic region.
  • Lithuania's capital expenditure support scheme for BESS projects was oversubscribed by 2x, demonstrating robust market demand and developer interest.
  • The strong oversubscription for the Lithuanian scheme highlights a competitive yet attractive market for BESS development, driven by supportive policy frameworks.
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POWER Magazine4 days ago

Coal’s Revival: From Maintenance Mode to Market Necessity

  • Coal units previously scheduled for retirement are being reactivated across the U.S. in 2025, reversing a decade-long decline.
  • This revival is driven by 'market necessity,' indicating a critical demand for dispatchable generation capacity.
  • The trend signals evolving grid reliability priorities, potentially impacting capacity markets, energy prices, and long-term investment strategies for developers and large power consumers, challenging the steady rise of gas and renewables.
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Energy Storage News4 days ago

Illinois: Advocates, industry welcome clean energy legislation that includes 3GW energy storage target

  • Illinois has enacted major clean energy legislation, establishing a 3GW energy storage deployment target.
  • This policy creates a substantial new market opportunity for energy storage developers and investors in Illinois.
  • The target signals a strong regulatory commitment to grid modernization and decarbonization, likely leading to new procurement programs and incentives for storage.
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Energy Storage News4 days ago

Battery energy storage deployment in Australia’s NEM surges 150% year-on-year, says AEMO

  • Australia's National Electricity Market (NEM) experienced a 150% year-on-year surge in battery storage, adding 2,936MW/6,482MWh by the end of Q3 2025.
  • This rapid expansion signals a robust and growing market for battery storage developers and IPPs, indicating strong investment opportunities.
  • For large power consumers, this growth implies enhanced grid stability, potential for improved price arbitrage, and increased opportunities for demand response and behind-the-meter solutions.
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Energy Storage News7 days ago

Flatiron Energy upsizes credit facility to US$250 million for BESS portfolio

  • Developer Flatiron Energy has doubled its credit facility to US$250 million, secured from HPS Investment Partners.
  • This substantial financing is earmarked for the expansion and development of Flatiron Energy's Battery Energy Storage System (BESS) portfolio.
  • The upsized credit facility signals strong investor confidence in the BESS market, facilitating accelerated deployment of energy storage projects.
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Utility Dive7 days ago

Xcel Energy rolls out $60 billion capital spending plan

  • Xcel Energy plans a massive $60 billion capital expenditure, including 7.5 GW of renewables, 3 GW of gas generation, and 1.9 GW of energy storage, signaling significant market opportunities for developers and equipment providers.
  • The plan includes 1,500 miles of high-voltage transmission and $5 billion for wildfire mitigation, addressing critical grid modernization, reliability, and interconnection challenges across Xcel's service territories.
  • This substantial investment indicates a strong utility commitment to decarbonization and grid resilience, driving demand for new generation, storage, and transmission projects, and offering new PPA opportunities for large power consumers.
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Utility Dive7 days ago

Southern inks 7 GW of large load contracts, eyes 50 GW more

  • Southern Company has secured 7 GW in large load contracts and is actively pursuing an additional 50 GW, signaling robust industrial and commercial demand.
  • Data center usage within Southern Company's service territory increased by 17% year-over-year, identifying this sector as a primary driver of new load growth.
  • This substantial increase in contracted and prospective load necessitates significant new generation capacity and transmission infrastructure development to meet future demand.
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