The U.S. Environmental Protection Agency on Sept. 19 announced a final rule establishing nationwide uniform fuel economy and emission standards for automobiles and light duty trucks. As part of the rule, the agency said it is withdrawing a 2013 waiver that allowed California to pursue its own tailpipe pollution standard and zero-emission vehicle mandate. The…
The New York Public Service Commission on Sept. 19 authorized New York Transco, a consortium of major utilities, to borrow up to $400 million to upgrade transmission corridors that will allow increased transmission of renewable electricity across the state. In May, Transco sought approval to issue new long-term debt securities to complete the New York…
The Federal Energy Regulatory Commission announced a rulemaking to update provisions of the Public Utility Regulatory Policies Act 1978, or PURPA, which requires utilities to purchase power from small independent electricity generators at the avoided cost, or the cost the utility would spend to procure the electricity itself, according to a Sept. 19 press release.…