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As Duke Energy seeks higher rates, NC task force studies grid strain from tech growth As state leaders assess rising grid demand from data centers on Tuesday, Gov. Josh Stein and Attorney General Jeff Jackson push back against Duke Energy’s proposed rate increase.

www.wral.com/news/local/d...

#NorthCarolina
#DukeEnergy
#RateHikes
#GridStrain

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Google To Power Down AI Data Centers To Help Strained Grids Google has struck a deal with two U.S. electric utilities to scale back power consumption at its massive AI data centers during times of high demand. The

⚡️🌐 Google to Power Down AI Data Centers
In a bold move, Google plans to reduce AI data center usage to support strained energy grids. Sustainability meets tech priorities. 🔋🤖

Full details: techgolly.com/google-to-po...

#Google #AI #DataCenters #Sustainability #EnergyCrisis #ClimateTech #GridStrain

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Southeastern US Declares Power Emergency Amid Severe Heatwave A state of power emergency has been declared across the Southeastern United States as a severe heatwave pushes the electrical grid to its limits. Utility companies are grappling with unprecedented demand, prompting Duke Energy to issue calls for customers to voluntarily reduce their energy consumption. This intense heat isn't isolated to the Southeast; the broader Eastern US is experiencing high demand, with the PJM Interconnection, which provides power to millions, forecasting significant strain. The situation highlights potential financial and legal risks for power companies, including exposure to liability claims concerning environmental impact. The insurance industry publication, Insurance Journal, is tracking the situation and its potential consequences. Elsewhere, the European Union is overhauling its regulatory framework for the burgeoning space industry. A cybersecurity incident affecting a UK healthcare provider tragically resulted in a patient's death, underscoring vulnerabilities in critical infrastructure. Financial markets are also active; FWD Group, a company linked to billionaire Richard Li, is preparing for an initial public offering in Hong Kong. Simultaneously, a heatwave in Europe presents challenges, threatening power generation and increasing the risk of wildfires. Insurance Journal provides links to further information and allows for reader comments on these developing stories.

Southeastern US Declares Power Emergency Amid Severe Heatwave #PJM #Heatwave #PowerEmergency #SoutheastUS #GridStrain #Cybersecurity

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Eastern US Faces Extreme Heat-Induced Grid Strain Extreme heat across the eastern United States pushed regional electric grid operators to the brink on Tuesday, requiring swift action to prevent widespread blackouts. With temperatures exceeding 100 degrees Fahrenheit (38 degrees Celsius), power generation margins were critically low. Transmission lines, strained by the intense heat, experienced congestion and significant price spikes. New York City saw wholesale electricity prices surge to nearly $2,400 per megawatt hour (MWh), while Long Island prices reached over $7,000 per MWh. New York ISO, the state's grid operator, issued warnings about potential emergency actions as operating reserves dwindled. PJM Interconnection, serving a substantial portion of the U.S. population, implemented voluntary electricity reduction programs, instructing utilities to curtail power to customers. PJM also faced challenges with generation output, as gas-powered turbines were limited in their capacity due to the extreme heat. ISO New England, covering six states including Boston, experienced peak wholesale prices exceeding $1,500 per MWh, more than triple Monday’s peak prices. To mitigate the situation, the U.S. Department of Energy mandated Duke Energy Carolina to maximize output from specific generating units in the Southeast. ISO New England declared a “Power Caution” following unexpected generation losses and employed reserve resources to balance supply and demand. Duke Energy acknowledged potential generation shortfalls and advised wholesale customers to limit usage, anticipating a reduction in demand of up to 1,000 megawatts. Grid operators employed various strategies including increased imports, deferred maintenance, and activation of standby power units. ISO New England proactively restricted maintenance activities at power plants. Electricity demand was projected to peak around 26,000 MW, below the record of 28,130 MW set in 2006.

Eastern US Faces Extreme Heat-Induced Grid Strain #PJM #HeatWave #ElectricityCrises #GridStrain #BlackoutRisk #EnergySecurity

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New Jersey Braces for Financial Strain Amid Severe Heat Wave New Jersey is currently battling a severe heat wave, and the extreme temperatures are taking a toll on the state's power grid. As of now, approximately 5,434 customers are experiencing power outages. Several utility companies are reporting disruptions, including Rockland Electric Company (134 outages), Jersey Central Power & Light (134 outages), Atlantic City Electric (8 outages), and Public Service Electric and Gas (134 outages). The strain on the power grid is substantial, with PJM, the regional grid operator serving New Jersey and 13 other states plus the District of Columbia, forecasting Tuesday as the most challenging day for the system since 2013. This increased demand, coupled with ongoing infrastructure issues, is contributing to higher energy costs for residents. Customers are anticipating significant bill increases, potentially reaching a total hike of nearly 30 percent compared to the same period last year. To offer some financial relief, the New Jersey Board of Public Utilities has approved measures including two interest-free $30 credits for all residential electric customers throughout July and August, with repayment spread over the following six months. Additionally, electric service disconnections are suspended for the summer, and reconnection fees have been waived. Governor Phil Murphy has voiced concerns, specifically citing PJM's planning failures as a key factor in the current energy capacity challenges. The New Jersey Department of Health is urging residents to take precautions against heat-related illnesses such as heat exhaustion and heat stroke, offering safety tips and guidance. Rising energy costs and power interruptions are impacting communities across the state.

New Jersey Braces for Financial Strain Amid Severe Heat Wave #PJM #HeatWave #NJPowerOutage #EnergyCosts #GridStrain #UtilityDisruptions

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Virginia's Electrical Infrastructure Struggles Amid Growing Dependence on Out-of-State Power Virginia’s electrical infrastructure is facing considerable stress, leading to a growing reliance on power imported from Illinois. The state is increasingly dependent on electricity generated outside its borders, a situation that exposes potential vulnerabilities within the power system. A significant amount of energy production capacity has been lost in recent years due to the closure of power plants, while escalating electricity demand continues to place additional strain on the remaining grid resources. The shift towards renewable energy sources, though vital for a sustainable future, has not yet fully compensated for the lost power generation capabilities. The escalating demand and reduced capacity are contributing to the current grid strain. An emergency order from the Biden administration has been issued to temporarily alleviate the situation by prioritizing the transmission of power from Illinois to Virginia. This reliance on Illinois highlights a potential risk – any disruptions in Illinois’ power supply could directly impact Virginia. The PJM Interconnection is likely playing a crucial role in managing this regional power grid.

Virginia's Electrical Infrastructure Struggles Amid Growing Dependence on Out-of-State Power #PJM #Electricity #VirginiaPower #IllinoisEnergy #GridStrain #PJMInterconnection

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