The New York Independent System Operator on Nov. 13 confirmed that the state has adequate supplies to meet the forecasted electricity demand this winter. The grid operator’s 2024-2025 annual assessment revealed that the state has 29,514 megawatts (MW) of power resources, which is more than sufficient to meet a forecasted peak demand of 23,800 MW…....
Monthly average electricity exports from the U.S. to Canada rose 70 percent to 1,809 gigawatthours (GWh) during 2023 compared to 2022, while monthly average imports from Canada to U.S. declined by 36 percent to 3,315 GWh, according to an Nov. 12 report published by the U.S. Energy Information Administration. The shift in trading dynamics can…...
The California Independent System Operator Board of Governors and the Western Energy Markets (WEM) Governing Body on Nov. 8 took action to implement the first step of the West-Wide Governance Pathways Initiative. This initiative was developed last year to maximize the benefits of wholesale electricity markets through a new governing organization. The West-Wide Governance Pathways…...
Washington voters on Nov. 5 rejected Initiative 2117, a ballot measure that sought to repeal the 2021 Climate Commitment Act, which established the cap-and-invest program, a key component of the state’s efforts to achieve emission limits set in law and progress toward net-zero carbon emissions by 2050. Nearly 62 percent of voters cast ballots against…...
The North American Electric Reliability Corporation (NERC) on Nov. 4 released the second and third parts of its Interregional Transfer Capability Study, or ITCS, initiated last year to analyze the amount of power that can be moved reliably across interconnected transmission systems. The report recommends that the U.S. add 35 gigawatts (GW) of power transfer…...
Total U.S. energy production between January and July 2024 was 68 percent, or 24 quadrillion British thermal units (quads) higher compared to the same period in 1974, according to an Oct. 29 report published by the U.S. Energy Information Administration. The increase in energy production, most notably natural gas and crude oil production can be…...
The Michigan Public Service Commission or Oct. 25 released a report on the state’s Energy Waste Reduction, EWR, programs, finding that EWR efforts could generate up to $1.4 billion in cost savings for utility customers over the 12- year lifecycle of these programs. The cost savings are a result of a decrease in demand of…...
As carbon management grows as a critical tool for climate action, federal strategies and state legislation are evolving to promote efficient and responsible development of carbon capture projects and carbon dioxide (CO2) pipelines. However, ongoing opposition and legal challenges, particularly concerning the use of…Read the full report …...
As carbon management grows as a critical tool for climate action, federal strategies and state legislation are evolving to promote efficient and responsible development of carbon capture projects and carbon dioxide (CO2) pipelines. However, ongoing opposition and legal challenges, particularly concerning the use of eminent domain, reflect the complexities the industry must navigate to fully emerge. Carbon capture and sequestration (CCS) involves the capture of CO2 from the emissions of industrial processes before they are released into the atmosphere for storage in subsurface geological formations.
The Michigan Public Service Commission on Oct. 10 approved a settlement allowing Upper Michigan Energy Resources Corp. to increase its rates by $6.6 million. This is the utility’s first electric rate case since it was authorized to serve customers in December 2016. The amount approved is over 40 percent less than the utility’s initial request…....
The push to expand energy storage capacity reflects the drive for more resilient and flexible energy systems to support the shift to clean energy. The U.S. Energy Information Administration (EIA) anticipates significant growth in…Read the full report …...
