investor owned utilities
Inside the battle over who gets to build the grid of the future
The U.S. Department of Energy issued a draft report in February that found a “pressing need” for new electric transmission infrastructure across the country to improve reliability, connect a rapidly growing number of solar, wind and battery storage projects, supply increasing electric demand and alleviate scattered pockets of consistently high prices across the country. To […]
The nation’s biggest electric capacity market needs fixing, critics say
The nation’s largest grid operator is warning that it might not have enough electric generation in the future to guarantee reliability. And it comes as the Federal Energy Regulatory Commission convenes a forum on the multibillion-dollar capacity market PJM operates to ensure there’s enough power to meet demand even during grid emergencies, such as during Winter Storm Elliott last year.
New report: Utility CEO’s take home giant salaries, even as companies fumble transition to sustainable energy
Duke Energy chief Lynn Good is among the highest paid despite company’s inadequate work to tackle the climate emergency Most Americans are aware of just how obscenely inflated many CEO salaries have become, but a new report from Joe Smyth of the Energy and Policy Institute on the compensation packages provided to the CEO’s of […]
As utilities spend billions on transmission, support builds for independent monitoring
Advocates say the nation needs a coherent, cohesive and transparent electric system, but utility companies resist added oversight An aging electric grid, fossil fuel power plant retirements and a massive renewable electricity buildout are all contributing to a boom in transmission and distribution wire projects by electric utilities across the country.