Great River Energy’s Post

MISO’s expecting massive long-term changes on its grid. They include: 369 GW in generator additions, 103 GW of power plant retirements and a 96% cut in carbon emissions by 2042. It expects #renewableenergy and #energystorage will provide about 83% of its electricity in that year. MISO’s just-issued transmission plan is designed to handle those potential changes. We cover the details in the story below …

NEW press release 📣 ACORE and Grid Strategies LLC released a report today that demonstrates how consumers are paying billions of dollars a year due to #transmission constraints between MISO and PJM. And those costs are expected to increase with decarbonization and electrification efforts. The report outlines various steps the grid operators, states, the Federal Energy Regulatory Commission, and other stakeholders can take to develop more workable mechanisms for planning and paying for interregional transmission. ⚡ https://lnkd.in/ei4nt8zR

This is great case study for electric markets, but also more generally for the benefits of free trade, supply chain resiliency, and economic-political cooperation. The PJM/MISO issue should be studied well beyond the wonky energy folks like myself. Check it out!

Americans should not be forced to endure outages when additional grid capacity would help keep the lights on and reduce power costs. Our new analysis with Grid Strategies LLC shows how increased interregional transmission between PJM and MISO would save consumers more than $15 billion by reducing the need for power plant capacity plus ongoing savings that can exceed $1 billion per year by allowing more affordable power to flow across a broader geographical area.  https://lnkd.in/esZHwKs4

The U.S. Department of Energy (DOE) released a study showing very interesting figures. The study forecast that is the scale of Virtual Power Plant (VPP) triples to  to 160 GW by 2030 the electrification will significantly accelerate and generate saving around $10 billion in annual grid costs as well. The study is focused on the US grid, but, even with a different impact, it is surely true for Europe as well: VPPs can really help increase the impact of DERs, and this is where grid orchestration, like GridOS® comes in. Give a read to this article on the DOE findings: https://lnkd.in/dY4bUnsz #DER #VirtualPowerPlants  #GridOS #Orchestration  #GridOS #Orchestration#Energy #EnergyTransition #SustainableEnergy

A study by the U.S. Department of Energy (DOE) has suggested that if the scale of virtual power plants (VPPs) is tripled to 160 GW by 2030, this will help accelerate electrification, and could save $10 billion in annual grid costs. VPPs can really help increase the impact of DERs, and this is where grid orchestration, like GridOS® comes in. https://lnkd.in/eptHdVC3 #DER #VirtualPowerPlants #GridOS #Orchestration #GridOS #Orchestration #Energy #EnergyTransition #SustainableEnergy

"Extreme weather is a concentrated risk to intraregional generation and grid reliability and resilience. No matter the mix of generation sources in any given region, most generation sources are vulnerable all at once when extreme or unexpected weather or other disruptive events impact resources. The most widely recognized large-scale solution to improving reliability and resilience in the face of region-wide risks is interregional transmission" Check out Invenergy LLC's latest Power Lines Expert Perspective's piece from Kelly Speakes-Backman. #transmission #gridresilience #cleanenergy #energy

The new rule from the Federal Energy Regulatory Commission mirrors three major conclusions from analysis from our Energy Futures Finance Forum on planning and financing new grid transmission capacity. https://lnkd.in/et26gwZZ The best practices identified in our analysis, and that are included in FERC’s new rule, enable transmission planners to move away from a mode characterized by crisis management and reactive “whack-a-mole" investments and toward an approach that prioritizes a pragmatic, orderly buildout of the grid to meet future needs. #electricty #transmission #grid #FERC

🔋 Texas looks to be leading the way in battery deployments as they plan to build more grid batteries than any other state in 2024, beating long-time leader California. 🏭 Developers are expected to add 6.4 gigawatts of grid battery capacity this year, more than doubling the states existing capacity. This huge development shows the desire in the US to transition the country’s electricity system to one with far fewer carbon emissions. ⚙ With cheap land and easier access to permits compared to most other states, Texas looks set to continue its battery construction with aims to become the state leader in grid battery capacity. What do you make of these latest developments in Texas? #grid #texas #industry40

Ofgem has announced new rules to speed up electricity grid connections for viable projects and allow stalled or speculative developers to be forced out of the queue. The change is a significant step away from the existing 'first-come, first-served' system, which has led to a long queue of energy projects that could generate almost 400GW of electricity. The new queue management milestones will be implemented by the UK grid's operator, National Grid ESO, from 27 November 2023, and will be introduced to both existing and future grid connection agreements. This will terminate stalled projects blocking the queue for high-voltage transmission lines and allow ready-to-go generation and storage to enable net zero. The rule change will give National Grid ESO the power to introduce strict milestones into connection agreements and terminate projects if they do not meet them at each project stage. https://lnkd.in/eRkHubkQ Contact the team today to discuss how this may affect your projects: enquiries@eclipsepower.co.uk www.eclipsepower.co.uk #Ofgem #GridConnection #Transmission #gridmanagement #IDNO #HighVoltage #NetZero #Electricity