The Pennsylvania Public Utility Commission approved a settlement allowing UGI Utilities Inc. to increase its annual operating revenues by $20 million, or 2.7 percent, implemented in a phased manner. In its initial filing in January, the UGI Corp. subsidiary asked for an annual revenue increase of approximately $74.6 million. During the three-step phase in, the…...
Hydrogen is emerging as an important player in the U.S. energy landscape because of its ability to decarbonize multiple sectors. A number of exciting projects harnessing the technology are taking shape as hydrogen and fuel cells can store energy to help enhance the power grid and maximize opportunities to deploy renewable energy.
In 2019, the weighted average wholesale price of solar PV-generated electricity was $83 per megawatthour, more than double the price of wind, fossil fuels, or nuclear, according to an Oct. 9 report from the U.S. Energy Information Administration. The higher price is partly driven by geography and timing. Wholesale electricity prices rise when demand within…...