The U.S. Energy Department on Dec. 10 announced the extension of the terms of seven long-term liquefied natural gas export projects through 2050. This marks the third set of extensions since the agency issued a policy statement in July establishing the extension, changing the prior practice of granting 20-year terms. The department extended the terms…...
The New Jersey Board of Public Utilities received applications from Denmark-based Orsted A/S and Atlantic Shores Offshore Wind LLC, a joint venture of EDF Renewables North America and Shell New Energies US LLC, in response to the state’s second solicitation launched in September, according to a Dec. 11 news release. The solicitation endears the award…...
The growing adoption of clean energy standards, energy efficiency, and customer-sited resources is driving the need for innovative ratemaking principles. Utilities are exploring rate structures that facilitate the integration of variable and distributed generation, and align customer behavior with grid needs. Smart meters are paving the way for time-based and dynamic rate options to balance the grid under the increased penetration of renewable and distributed energy resources, as well as electric vehicles.