UntitlCalifornia’s Carbon Auctioned

California’s Thirtieth Carbon Auction Generates $975 Million

Carbon Market, Climate Change and Emissions, EnerKnol Impact-Misc Categories, EnerKnol Impacts, EnerKnol Pulse, PRODUCTS

The thirtieth quarterly carbon auction held by California and Quebec sold all more than 58.5 million carbon permits offered for current emissions at a price of $29.15 per allowance, above the floor price of $19.70, according to the results released on Feb. 24 by the California Air Resources Board. The settlement price is nearly 3.1…...

Indiana Michigan Power

Indiana Regulator Approves $95 Million Rate Decrease for Indiana Michigan Power

Electric Transmission, EnerKnol Impact-Misc Categories, EnerKnol Impacts, EnerKnol Pulse, Grid Modernization, PRODUCTS, Retail Power and Gas

The Indiana Utility Regulatory Commission on Feb. 23 approved a rate settlement agreement that will decrease the annual revenues of Indiana Michigan Power Company by 5.9 percent or $94.7 million. This will occur over two phases with the first phase effective immediately. The second phase will take effect in January 2023. The order represents a…...