federal energy regulatory commission

American Electric Power (AEP) has entered into an agreement to sell its 1,365-megawatt (MW) unregulated, contracted renewables portfolio to IRG Acquisition Holdings at an enterprise value of $1.5 billion. The sale portfolio includes 14 projects, representing 1,200 MW of wind and 165 MW of solar in 11 states.

United States power grid operator PJM Interconnection's latest capacity auction for 2023/2024 saw 1,868 MW of solar PV procured, up 25% from the previous auction.

Renewables associations have actually welcomed rule adjustments in the US' largest electrical power market that are anticipated to cause more solar cleaning capability market public auctions while making it easier for states to achieve their tidy energy targets.

The United States Department of the Interior (DOI) has actually developed a new Climate Task Force to increase the adoption of renewable energy generation throughout the nation and also withdrawed numerous Trump management policies advertising fossil fuels on public land.

The US Federal Energy Regulatory Commission (FERC) has introduced a string of campaigns to aid create the country's power grid, including tightening up a transmission incentive policy for energies as well as a workshop that will explore exactly how business can take advantage of grid-enhancing technology.