The Michigan Public Service Commission on Nov. 18 authorized DTE Electric Company to increase its rates by $30.557 million effective Nov.25. Earlier in January 2022, the company filed an application pursuing a $388 million rate increase to recoup increased investments in its production and distribution system to enhance reliable service to its 2.3 million consumers…...
Ambitious federal goals and initiatives to boost offshore wind power generation, coupled with state commitments, are opening new frontiers for the industry. Recent developments reflect the growing emphasis on transmission infrastructure upgrades and regional planning required to make these goals a reality.
The U.S. Energy Department on Nov. 18 announced $13 billion in new funding opportunities for the growth and modernization of the U.S. power grid. The Grid Resilience Innovative Partnership, or GRIP, program and the Transmission Facilitation Program, funded by the 2021 Infrastructure Investment and Jobs Act, collectively represent the largest federal direct investment in infrastructure…...
U.S. heating oil prices were 65 percent higher during October 2022, compared to October 2021, according to a Nov. 17 report from the U.S. Energy Information Administration. Moreover, residential heating oil prices increased to a yearly record of $5.90 per gallon on Nov. 7, 2022, due to a combination of tight storage inventories, low imports,…...
The Energy Bar Association (EBA) will present their 2022 Electricity Steering Committee Energizer, Hydrogen Sector, on Tuesday, December 06, 2022. The event will take place at 4:30 PM – 6:30 PM (UTC-05:00) Eastern Time (US & Canada), at 1111 Pennsylvania Ave. NW, Washington, DC 20004-2541. EBA’s Electricity Steering Committee will host this 1-hour energizer event…...