Electric Power Supply Association

🎧 The final installment of EPSA's #EnergyRush podcast series isn’t so final. Listen to part one now, featuring August Pfluger (TX-R11) and Lea Marquez Peterson, Commissioner at Arizona Corporation Commission on policy and regulatory solutions to rising energy demand. 💡 And stay tuned for part two, dropping next week, where we wrap the series with three competitive power generators LS Power, Alpha Generation, and Calpine. https://lnkd.in/eqqBmzr7

🎧 Who better to wrap our #EnergyRush podcast series than with some of America’s competitive power suppliers? The final episode is out now, featuring LS Power, Alpha Generation, and Calpine and their perspectives on market signals, major projects, and policy needs. Listen here: https://lnkd.in/eMajPivd  

💡 "Snitchler said there is a "misalignment" between the aspirational goals of policymakers for cheap, low-carbon electricity and the operational realities of electric and natural gas systems." EPSA President and CEO Todd Snitchler mentioned in CSG Midwest recap where he shares the importance of working with state regulators and policymakers to achieve energy goals. Read more: https://lnkd.in/gbUASH2c

💲 High energy costs are the result of policy decisions, writes EPSA President and CEO Todd Snitchler in The Baltimore Sun. PJM power prices are skyrocketing in the face of rising electric demand because policymakers have pushed dispatchable plants into retirement and blocked construction of new generation capacity and transmission. "State policymakers, who hold full control over which generation resources are built in their state under the Federal Power Act, have explicitly encouraged the retirement of more inexpensive, dispatchable generation sources like natural gas and coal. Since 2018, Maryland has retired 6,000 megawatts (MW) of power and added only 1,600 MW to replace it." Going forward, we need realistic policy approaches that allow competitive power markets to deliver reliable energy solutions cost-effectively and efficiently. Read more in the Sun: tinyurl.com/mr48mv29 and follow EPSA for more insight on sound energy policy and competitive power markets. #energy #powermarkets #Maryland #PJM #MDlegislature #MDpolitics #energybills #electricity #powergrid

Happy #LaborDay2024! EPSA and America's competitive power suppliers thank our #energy workforce for all they do to bring cost-effective, reliable, and cleaner power to the nation.

🔋 ⚡ #BatteryStorage is critical to power grid reliability, filling gaps for #renewable generation when the 🌬 wind isn't blowing or the 🌤 sun isn't shining. EPSA members are leaders in developing this essential technology. Congrats to Invenergy on reaching this milestone in Arizona. #energy #energyexpansion #cleanenergy #AZ #powergrid #energytransition

⚡ EPSA members are leading the pack as Texas looks to add ~10 GW of dispatchable natural gas generation to enhance ERCOT reliability. Competitive Power Ventures, Calpine, LS Power, NRG Energy, and Vistra Corp. are among those selected by the Public Utility Commission of Texas to advance in the selection process to receive Texas Energy Fund loans. The EPSA member company projects selected total nearly 3,200 MW. As Sonal Patel writes in POWER magazine, these investments will come at a time of great need driven not just by hot temperatures, but rising demand from large industrial projects, electrification, data centers and cryptocurrency mining operations- "On Aug. 20, the Texas grid operator recorded a new summer peak demand of 85,559 MW, surpassing the previous high of 85,508 MW set on August 10, 2023." #energy #Texas #ERCOT #loadgrowth #powergeneration #powermarkets #powergrid

Are you a #PJM policymaker trying to make sense of the latest auction results and energy price increases? The PJM Power Providers (P3) Group's Glen Thomas shares 5 actions to take and insights on how to best secure reliable and cost-effective electricity for consumers. "The July 2024 capacity auction for the 2025/26 delivery was the first auction in over a half decade that sent a message to suppliers that we need you to stay, and we need you to bring some more friends," says Thomas. Read the article in Utility Dive for more: tinyurl.com/ydeafr92 #powermarkets #RTOs #energyexpansion #statepolicy #energyprices #powergrid

🎧 TOMORROW: How are policymakers and regulators looking at the #LoadGrowth conversation? Featuring Congressman August Pfluger and Arizona Corporation Commission's Lea Marquez Peterson, part 1 of the final episode of Energy Rush is out tomorrow, 8/29. Listen to a sneak peek of E4:

⚡ Another big competitive power win- with electric demand growing at the fastest rate in decades, LS Power exceeded its fundraising target and now stands ready to invest $2.7 billion in U.S. #energy infrastructure. WSJ's Luis Garcia delves in to why the company says this is one of the best times yet to invest in the sector, with opportunities to meet the nation's hunger for new generation plants, transmission lines, battery projects, and technologies that reduce carbon emissions all while maintaining a reliable grid. Read more in the link below and visit epsa.org for more competitive power news and strategies to advance a cost effective and reliable energy expansion. #privateequity #powermarkets #loadgrowth #AI #datacenters #electrification #energyexpansion #energytransition #powergrid