U.S. carbon markets are advancing on multiple fronts, with states tightening emission caps, pursuing market linkage, and reinforcing long-term compliance frameworks amid strong auction demand and continued legal scrutiny.
The U.S. Energy Department on June 15 finalized a $1.6 billion loan for DTE Gas Company to modernize natural gas infrastructure in Michigan, a move projected to deliver more than $700 million in savings for customers while improving the reliability of the state’s energy distribution system. The financing, announced through the DOE’s Office of Energy…...
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…...
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…...
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…...
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…...
Interest in modernizing gas utility planning continues to grow as regulators, utilities, and other stakeholders assess the implications of decarbonization goals for existing distribution systems. Recent developments reflect efforts to…Read the full report …...
Interest in modernizing gas utility planning continues to grow as regulators, utilities, and other stakeholders assess the implications of decarbonization goals for existing distribution systems. Recent developments reflect efforts to address gas infrastructure planning, customer impacts, and deployment of lower-emission alternatives.
The U.S. Environmental Protection Agency on May 28 restored affirmative defense protections under federal air permitting regulations following a federal court ruling that overturned a 2023 Biden administration rule. The move relieves manufacturers, power producers, and other industrial facilities from potential liability for excess emissions caused by unavoidable events such as equipment malfunctions, emergencies, or…...
The Midcontinent Independent System Operator on May 27 advanced a fourth round of projects under its Expedited Resource Addition Study, or ERAS, program, continuing efforts to speed new generation development as utilities confront rising electricity demand and tightening reserve margins across the Midwest and South. The latest cycle includes seven projects totaling about 3.7 gigawatts…...
