The Public Utility Commission of Texas on Dec. 12 established new rules to improve demand response for residential electricity consumers through smart responsive device programs. The new rule implements legislation enacted by the 88th Texas Legislature in 2023, which sets a target to decrease the total power consumption of customers participating in residential demand response…...
The Midcontinent Independent System Operator (MISO) Board of Directors on Dec. 12 approved the 2024 MISO Transmission Expansion Plan, a grid expansion plan with a portfolio consisting of 488 transmission projects totaling $30 billion. The projects cover 5,000 miles of transmission lines across 15 states and aim to strengthen grid reliability in the face of…...
The eighth quarterly auction of greenhouse gas allowances under Washington’s cap-and-invest program sold all allowances offered, with current vintage allowances settling at $40.26 per allowance, which is nearly 35 percent higher compared to the previous auction, according to the results released on Dec. 11 by the state’s Department of Ecology. The surge in auction prices…...