The New Jersey Board of Public Utilities approved a new solar incentive program to facilitate the transition from the current Solar Renewable Energy Certificate, or SREC, program to a yet-to-be-determined successor incentive program, according to a December 6 press release. The Transition Incentive will serve as a bridge between the legacy SREC and the new…
The cumulative U.S. installed onshore wind capacity exceeded 100 gigawatts on a nameplate capacity basis as of the end of September 2019, according to the U.S. Energy Information Administration. More than half of that amount has been installed since the beginning of 2012. The oldest wind turbines still operating in the United States came online…
The 46th quarterly carbon auction of the Regional Greenhouse Gas Initiative, the nation’s first mandatory cap-and-trade program to cut power sector emissions, resulted in a price of $5.61 per short ton for the 13.1 million tons of carbon allowances sold. The clearing price was almost the same as the June 2019 price, which was the…
Southwest Power Pool Inc., the grid operator for 14 states in the central U.S., launched a new roadmap process to improve the way in which the grid operator and its stakeholders collaborate on proposed changes to its day-ahead and real-time electric markets, according to a Dec. 11 news release. The process adds more transparency, giving…
Republican Governor Christopher Sununu signed an executive order on Dec. 3, establishing four advisory boards to inform the state’s next steps for offshore wind energy development. The order also calls for a study on the emissions reduction potential of offshore wind in the Gulf of Maine, as well as the state’s existing port and coastal…