The Michigan Public Service Commission on June 23 approved a settlement agreement that allows Consumers Energy Co. to exit coal-fired generation by 2025 and add 8 gigawatts of solar energy to the grid. The settlement pertains to the company’s integrated resource plan, or IRP, which identifies the optimal mix of resources to serve customers over…...
PJM Interconnection LLC’s capacity auction for the 2023/2024 delivery year cleared at $34.13 per megawatt-day, which is nearly 32 percent lower compared to the 2021 auction, according to the grid operator’s June 21 news release. The auction procured adequate resources to meet energy needs in PJM’s service area, which covers all or part of the…
The Pennsylvania Public Utility Commission on June 17 published complete details of their $234 million impact fees spendings in 2021 on natural gas producers. Till date, the commission has distributed $2.2 billion impact fees to Pennsylvania communities including this year’s distribution. The impact fee, also known as unconventional gas well fee, is paid by all…...
The U.S. liquefied natural gas (LNG) sector is poised for more growth amid surging natural gas prices, growing export capacity, and high demand due to Europe's supply crisis. Currently, about 25 LNG projects are under construction or under different stages of planning across the country.
The U.S. Energy Department on June 13 introduced new energy-efficiency standards for residential gas furnaces that would drastically cut greenhouse gas emissions and reduce consumers’ energy costs every year. The new initiative would demand that all non-weatherized gas furnaces, as well as furnaces installed in mobile households, have a yearly fuel efficiency of 95 percent…....
The U.S. Energy Department’s Loan Program Office issued a request for information on June 1 to update and improve its Title XVII Innovative Technologies Loan Guarantee Program intended to support early commercial use of advanced technologies. The agency seeks feedback from various stakeholders including developers, investors, government agencies, academia, and impacted communities. The input will…...
The U.S. Supreme Court on May 26 rejected a petition from a coalition of states led by Louisiana to block the use of the social cost of carbon, or SCC, estimates that federal agencies were directed to incorporate in their environmental analyses of major actions by an executive order that President Joe Biden issued in…...
Several states that have ambitious clean energy and emissions reduction mandates are investigating the role of natural gas in the shift to a low-carbon power system. Actions at the federal level, spurred by the Biden administration’s goal of net-zero emissions by 2050, are also catalyzing efforts to decarbonize the gas system.
