AGP Executive Report
Last update: 6 hours agoGrid Reliability: PJM declared an emergency as unseasonable heat, plant maintenance and weak wind output tightened supply across a 13-state region. Western hub spot prices topped $1,000 per megawatt-hour, though officials say the order is precautionary, not a sign that blackouts are imminent. Grid Investment: The Energy Department will provide $581 million for 84 TVA transmission and distribution projects across eight states, aimed at adding 2.5 gigawatts of capacity and improving reliability. Data Center Demand: FERC rejected PJM’s proposal to make large new electricity users pay for added supply or face curtailment, ruling that parts of the plan exceeded its authority. Solar and Storage: West Bengal’s utility invited bids for a 50-megawatt solar plant paired with a 40-megawatt-hour battery system in Purulia, with bids due Nov. 17.
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