Sept. 5 - Gas turbine backlog could persist, despite expansions | FERC nominees pledge to uphold independence
Trump’s FERC nominees pledge agency independence in Senate confirmation hearing; Justice Department accuses SCE of ‘negligence’ in $77M lawsuits over wildfires; Utilities could add 147 GW of new large loads, boosting peak demand 20%: WoodMac; Nuclear power is failing, and AI can’t rescue it
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One expert said the industry moves are unlikely to “drastically reduce” wait times, which can stretch as long as seven years. “More skilled and engineering labor will be needed,” he said.
Nominees Laura Swett and David LaCerte said they support the Federal Energy Regulatory Commission’s independence and the need to be agnostic on generating technologies.
Acting United States Attorney Bill Essayli said the lawsuits highlight “a troubling pattern,” and expressed hope they would catalyze “a culture change at Southern California Edison.”
Most large loads under construction are located in regulated markets, but there is growing interest in siting these projects in deregulated markets, according to a new report.
Nuclear generation is expensive and slow to develop. Claims that past failures won’t recur have convinced politicians to socialize investments rejected by private capital markets.
