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Utility Dive14 days ago

FERC poised to issue decision on colocating large loads in PJM

Key Takeaway

FERC's upcoming decision could significantly simplify direct power supply for data centers in PJM, creating new market opportunities for existing nuclear and gas generators and influencing future development strategies for large loads and IPPs.

AI Summary

  • FERC is expected to issue a decision on colocating large loads, specifically data centers, in PJM at its Dec. 18 open meeting.
  • The ruling is anticipated to benefit owners of nuclear and gas-fired power plants by enabling direct electricity sales to colocated data centers.
  • This policy change could streamline power supply for large consumers and create new revenue streams for existing generators in PJM, potentially bypassing traditional grid interconnection complexities for the load.
  • For developers and IPPs, this opens opportunities for direct power purchase agreements (PPAs) with large loads and new siting strategies for generation assets.

Topics

capacity-marketccgtdatacenterfercinterconnectpjmpolicy