Energy Monitor | February 2025

FERC approves MISO interconnection queue cap proposal?

The Federal Energy Regulatory Commission (FERC) approved the Midcontinent Independent System Operator’s (MISO) proposal to cap the size of its interconnection queue studies, despite objections from clean energy trade groups. FERC stated that the cap, along with specified exemptions, will improve the reliability, efficiency, and transparency of interconnection processes without harming competition or grid access. MISO’s plan includes a megawatt cap for each study region and allows exemptions for certain projects, aiming to provide more accurate study results and reduce delays in interconnection requests.?READ MORE

Electricity is the next energy crisis?

The U.S. is facing a new energy crisis driven by soaring electricity demand, with forecasts predicting a doubling of needs by 2050 and significant increases required much sooner. Building new grid capacity is hampered by regulatory bottlenecks, resulting in long waiting times and economic setbacks. Immediate relief can be found in on-site power solutions, such as solar panels and battery storage, and in demand-side technologies like virtual power plants and demand response programs. Comprehensive efforts to expand renewable energy, modernize the grid, and leverage decentralized power systems are essential to address this crisis effectively.?READ MORE?

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PJM agrees to lower price cap for upcoming capacity auctions?

PJM Interconnection has agreed to set a price cap of $325/MW-day and a price floor of $175/MW-day for its next two capacity auctions for the 2026/27 and 2027/28 delivery years in a settlement with Pennsylvania Governor Josh Shapiro. This agreement aims to address high capacity prices and, if approved, could save consumers $21 billion over two years.?READ MORE??

Battery storage powered the Super Bowl, and it will fuel the future?

Battery storage played a crucial role in powering the Super Bowl, showcasing its potential for the future of energy. By storing energy when it's abundant and releasing it when needed, battery storage enhances the viability and market share of renewable energy. Large-scale battery storage projects highlight the growing importance of balancing supply and demand. However, challenges remain, including regulatory uncertainties and supply chain issues, which could impact the deployment of energy storage solutions. Despite these hurdles, the expansion of battery storage is vital for reducing emissions and ensuring a reliable and resilient power grid.?READ MORE??

Pathfinder Village realizes energy cost savings while supporting renewable development?

Pathfinder Village achieved significant energy cost savings and environmental benefits by partnering with Usource to implement community solar solutions. By subscribing to nearly 700 kW of community solar, Pathfinder Village is projected to save approximately $110,000 over a 10-year contract and support renewable energy growth in New York. This strategic approach allowed the organization to meet 90% of their energy consumption needs with a flexible and low-risk solution.?READ MORE