Week Ahead: MA’s Solar Program, NY Reviews Zero-Emission Credits, Maine Expands Renewables
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Oil and Gas Lease Sale in Montana and North Dakota Generates $38 Million
The Bureau of Land Management on Sept. 15 reported that an oil and gas lease sale covering 23 parcels in Montana and North Dakota generated more than $38 million in revenue. The sale, which encompassed roughly 7,600 acres, surpassed the agency’s total national energy and timber receipts from the last quarter. The results indicate increased…...
Maryland Regulators Advance Comprehensive Review of Gas System Planning Amid Climate Goals
The Maryland Public Service Commission on Aug. 20 launched a broad review of natural gas system planning practices under its ongoing “Future of Gas” proceeding. The regulator said the initiative is intended to evaluate whether the current long-term capacity, supply, and investment planning processes of natural gas utilities are consistent with the state’s climate commitments…...
Utilities Face New Regulations as States Rethink Gas Planning
Across the U.S., state regulators are overhauling natural gas utility rules, ending subsidies for new connections and exploring pilot programs that transition neighborhoods to zero-emission energy, as they…Read the full report …...
Visual Primer: Utilities Face New Regulations as States Rethink Gas Planning
Across the U.S., state regulators are overhauling natural gas utility rules, ending subsidies for new connections and exploring pilot programs that transition neighborhoods to zero-emission energy, as they race to meet aggressive climate targets.
Texas Approves Loan for NRG Energy’s 456-Megawatt Natural Gas Plant
Texas Governor Greg Abbott on Aug. 4 announced a loan agreement between the Public Utility Commission and NRG Energy Inc. under the Texas Energy Fund, or TEF, to support a 456-megawatt (MW) natural gas-fired power plant in Houston. This marks the second loan agreement under the TEF’s In-ERCOT Generation Loan Program, designed to provide low-interest…...
PJM Capacity Auction Prices Rise as Supply-Demand Balance Tightens
PJM Interconnection LLC’s capacity market auction for the 2026/2027 delivery year cleared at $329.17 per megawatt-day (MW-day), nearly 22 percent higher than the clearing price in the previous auction. The clearing price hit the cap recently approved by the Federal Energy Regulatory Commission (FERC) to…Read the full report…...
Visual Primer: PJM Capacity Auction Prices Rise as Supply-Demand Balance Tightens
PJM Interconnection LLC's capacity market auction for the 2026/2027 delivery year cleared at $329.17 per megawatt-day (MW-day), nearly 22 percent higher than the clearing price in the previous auction. The clearing price hit the cap recently approved by the Federal Energy Regulatory Commission (FERC) to bring stability to the market after last year’s unprecedented ninefold price surge.