Commonwealth Edison Company filed a $1.7 billion plan with the Illinois Commerce Commission to expand initiatives for energy efficiency and low-income assistance from 2022-2025, according to a March 2 news release. The four-year plan updates the energy efficiency plan that the commission approved in 2021 to reflect changes enabled by the state’s new clean energy…...
Russia’s attack on Ukraine has roiled global markets, causing oil prices to soar at a time when the world is recovering from the economic fallout of the COVID-19 pandemic. The conflict, entangled with the global energy crisis, has been met with heavy economic sanctions from the U.S. and most European countries. Companies across the oil and gas value chain have also announced plans to abandon investments in Russia.
Avista Utilities and Tacoma Power on March 2 began their participation in the Western Energy Imbalance Market (WEIM) operated by the California Independent System Operator Corp. The two utilities serve a combined 600,00 electric customers in the Pacific Northwest. The enrollment expands the utilities’ ability to incorporate additional renewable energy while continuing to meet the…...
A group of 18 U.S. Senators on March 3 introduced legislation called the “Ban Russian Energy Imports Act” aimed to prohibit the import of Russian crude oil, petroleum, petroleum production, liquified natural gas and coal, following Russia’s invasion of Ukraine. The bill would declare a national emergency with respect to Russian aggression and at once…...