10 days agoDOE Activates Backup Energy Resources to Combat Grid Emergencies
In a crucial move to safeguard the electric grid, the DOE has directed the Southwestern Power Pool to deploy over 35 GW of unused backup generation amid a declared energy emergency. This action highlights the immediate need for flexible energy resources and creates opportunities for energy contractors.
20 days agoMaryland Saves $13.3 Billion in Electricity Costs Through PJM Price Cap
Governor Wes Moore announces over **$13.3 billion** in savings for electricity consumers from the PJM capacity auction price cap. The Maryland Energy Administration is pushing for clean energy initiatives and modernized grid efforts, presenting procurement opportunities for contractors in energy infrastructure and generation.
107 days agoPresident Expedites Procurement to Bolster U.S. Energy Infrastructure
The President's authorization under the Defense Production Act accelerates energy infrastructure procurement. The focus on natural gas and electric grid capabilities opens avenues for contractors to meet national security needs amid supply chain vulnerabilities.