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

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Energy Storage News•2 days ago

•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 Dive•3 days ago

•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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Utility Dive•7 days ago

•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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Energy Storage News•7 days ago

•Two Wisconsin Investor-Owned Utilities (IOUs) are seeking regulatory approval to acquire an under-development solar-plus-storage project in Waushara County.
•This move signifies a strategic shift by utilities towards direct project acquisition, explicitly opting out of what they perceive as 'debt-like PPAs'.
•For developers, this indicates a potential trend where utilities may prefer build-to-sell models or direct ownership over long-term PPA structures, impacting project financing and market opportunities.

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CleanTechnica•7 days ago

•Illinois passed the 'Clean and Reliable Grid Affordability Act,' a new policy boosting clean and renewable energy sources.
•The legislation includes provisions for energy storage, indicating a growing market for battery and other storage solutions.
•The act is projected to save Illinois residents $13 billion on electricity bills, suggesting potential market and price impacts for large power consumers.

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Energy Storage News•9 days ago

•Propwr secured a long-term contract to provide 60MW of natural gas BESS hybrid power to a hyperscaler data center in the Midwest US.
•This project represents a dedicated, firm power solution for a large, energy-intensive load, demonstrating a trend for critical infrastructure.
•The hybrid natural gas and battery energy storage system (BESS) approach offers a blend of reliable generation and flexibility for the data center's power needs.

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POWER Magazine•11 days ago

•Maple Creek Energy LLC is developing a new 640-MW natural gas-fired power project in Sullivan County, Indiana.
•The project will utilize a GE Vernova 7HA.03 gas turbine in a single-shaft configuration, indicating a combined cycle plant.
•This represents a significant new dispatchable generation capacity addition in the MISO region.

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