New Jersey Moves Closer to Implementing Nuclear Subsidy Program

New Jersey Moves Closer to Implementing Nuclear Subsidy Program

The New Jersey Board of Public Utilities approved an application process for the state’s zero-emission credit program established under legislation enacted in May to compensate the fuel diversity and zero-carbon attributes of nuclear power, according to a Nov. 19 press release. Nuclear plant operators applying for the credits must meet specific criteria including their contribution…

New York Launches $250 Million Initiative to Install Charging Stations Along Major Corridors

New York Launches $250 Million Initiative to Install Charging Stations Along Major Corridors

The New York Power Authority will install up to 200 direct current fast chargers at over two dozen locations along major traffic corridors, JFK Airport, and five major cities under the EVolve NY program, according to a Nov. 19 announcement. The agency said it has earmarked the first 32 locations to install charging equipment under…

National Grid’s Rate Adjustments to Raise Rhode Island Residential Bills by 1.7 Percent

National Grid’s Rate Adjustments to Raise Rhode Island Residential Bills by 1.7 Percent

The Rhode Island Public Utilities Commission on Nov. 19 approved National Grid plc’s proposed rate adjustments stemming from reconciliations for various costs for the one-year period from January 2016 through December 2016. The company said that the overall impact of the changes will result in an increase of $1.57, or about 1.7 percent increase in…

FERC Denies Request for Centralized Capacity Market in California Citing Lack of Evidence of Unjust Rules

FERC Denies Request for Centralized Capacity Market in California Citing Lack of Evidence of Unjust Rules

The Federal Energy Regulatory Commission on Nov. 19 rejected CXA La Paloma LLC’s petition to order California Independent System Operator Corporation to implement a centralized resource adequacy procurement process and a transitional payment mechanism. In a complaint filed in June, the company alleged that the continued dependence on “stopgap mechanisms” for resource adequacy has led…