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

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POWER Magazine•about 1 month ago

•Europe is a leading global market for energy storage, with a utility-scale pipeline exceeding 130 GW across more than 3,000 projects in over 37 countries.
•This massive pipeline indicates significant investment and robust market opportunities for storage developers and IPPs, driven by the continent's push for enhanced power flexibility.
•The article implies a supportive policy and regulatory environment in Europe, encouraging companies to expand investment in energy storage technologies.

capacity-market

Utility Dive•about 1 month ago

•FirstEnergy, a major utility, opposes a key part of PJM's planned backstop procurement mechanism specifically designed for data centers, citing flaws in its design.
•This opposition signals potential challenges and uncertainty for data center developers and large power consumers regarding future power procurement and reliability in the PJM region.
•Pennsylvania Governor Josh Shapiro's administration will oppose utility rate hike requests that fail to meet affordability criteria, indicating increased regulatory scrutiny on electricity costs for all consumers, including large industrial and commercial loads.

capacity-market

Utility Dive

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