The Michigan Public Service Commission on June 11 established a statewide energy affordability goal that aims to reduce the energy burden of low-income households to no more than 6 percent of annual income, creating a new framework for utility assistance programs and customer bill support. The target allocates up to 4 percent of household income…...
The New York State Public Service Commission on June 11 initiated a proceeding to establish a Nuclear Reliability Backbone, or NRB, framework that could support development of up to 5 gigawatts of new nuclear generation, advancing Governor Kathy Hochul’s strategy to strengthen grid reliability and support the state’s clean energy transition. The initiative will evaluate…...
PJM Interconnection LLC, which operates the grid across 13 states and the District of Columbia, is pursuing market, planning, and interconnection reforms as rapidly growing demand raises concerns about resource adequacy, infrastructure readiness, and consumer costs. The effort comes amid…Read the full report…...
PJM Interconnection LLC, which operates the grid across 13 states and the District of Columbia, is pursuing market, planning, and interconnection reforms as rapidly growing demand raises concerns about resource adequacy, infrastructure readiness, and consumer costs. The effort comes amid growing debate over ensuring reliability, attracting new generation investment, and allocating costs as electricity demand accelerates.
The Federal Energy Regulatory Commission on June 9 approved a proposal from PJM Interconnection to establish a temporary expedited interconnection process aimed at bringing large new power resources online more quickly as electricity demand accelerates across the Mid-Atlantic and Midwest power markets. The new Expedited Interconnection Track will allow up to 10 qualifying projects to…...
The U.S. Energy Department on June 9 released a national fusion strategy aimed at accelerating the development and commercialization of fusion energy, with the goal of supporting fusion pilot plants and commercial power generation by the mid-2030s. The initiative outlines federal priorities for research, infrastructure, workforce development, and industry collaboration as the U.S. seeks to…...
New York Independent System Operator on June 9 released its annual Power Trends 2026 report, warning that accelerating electricity demand, growing uncertainty around future load forecasts, and tightening reliability margins are increasing pressure on New York’s electric system. The grid operator outlined an “all-of-the-above” resource strategy that relies on competitive wholesale electricity markets to support…...
Recent legislative and regulatory actions reflect a growing push for stricter oversight of large load customers, as states seek to prevent the…Read the full report…...
Recent legislative and regulatory actions reflect a growing push for stricter oversight of large load customers, as states seek to prevent the costs of grid upgrades and reliability investments from being shifted onto residential and small-business ratepayers.
The Regional Greenhouse Gas Initiative participating states on June 5 announced results from the program’s 72nd carbon allowance auction, which cleared at $35 per allowance, generating approximately $642 million for reinvestment in energy efficiency, renewable energy, electrification, greenhouse gas reduction, and customer assistance programs across the region. A total of 18.3 million allowances were sold…...
The U.S. Department of Energy on June 4 announced up to $500 million in Defense Production Act funding for coal-fired power plants and export infrastructure, advancing the Trump administration’s broader strategy to preserve coal generation as a source of reliable baseload power and a pillar of U.S. energy security. The funding package includes up to…...
