The U.S. Energy Department on July 29 announced a policy statement that extends the term for exporting liquefied natural gas through 2050. This marks a shift from erstwhile export terms, which were customarily designed in increments of 20-year terms. The department proposed the 2050 term extension earlier this year in February in response to policy…...
The California Public Utilities Commission on July 29 announced a new research, development, and deployment initiative to bolster the relationship between ratepayer-funded projects and emerging policy issues. This shall manifest itself within four new workstreams pertinent to advancing the state’s energy agenda: equity, wildfire mitigation, transportation electrification, and utility safety power shut offs. In doing…...
The debate over ratepayer subsidies for struggling nuclear power plants has resurfaced, following a racketeering investigation related to a controversial Ohio law, which created a $1 billion bailout for FirstEnergy Corp. last year. The economic troubles of the embroiled industry come to the fore even as states such as New Jersey and Illinois evaluate plans to opt out of the regional capacity market in response to reforms that expanded the minimum offer price rule to subsidized resources.