Developments in U.S. carbon markets reflect new progress as states reinforce their commitment to emissions trading programs despite receding federal climate action. Amid rising auction prices, states and regions are extending their programs beyond the…Read the full report …...
Developments in U.S. carbon markets reflect new progress as states reinforce their commitment to emissions-trading programs despite receding federal climate action. Amid rising auction prices, states and regions are extending their programs beyond the next decade, signaling resilience and renewed confidence in market-based climate initiatives.
PJM Interconnection LLC and its stakeholders on Aug. 26 launched discussions under the Sub-Annual Capacity Market Senior Task Force, focusing on potential seasonal changes to its capacity market design. The group, created earlier this year by the PJM Markets and Reliability Committee, is tasked with evaluating sub-annual structures as the grid operator shifts away from…...
New Jersey Governor Phil Murphy signed into law two measures on Aug. 15 that aim to increase transparency and accountability in the operations of regional grid operator PJM Interconnection LLC, as households and businesses face mounting electricity costs. The legislation strengthens the role of the New Jersey Board of Public Utilities in examining PJM’s market…...
The Arizona Corporation Commission on Aug. 14 voted unanimously to begin the process for repealing the Renewable Energy Standard and Tariff, or REST, rules. Established in 2006, the rules require the state’s electric utilities to source a certain percent of their electricity from renewable energy resources, reaching 15 percent by 2025. The state’s two largest…...
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 …...
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.
Across the U.S., states are accelerating efforts to deploy large-scale energy storage through streamlined permitting, competitive solicitations, and…Read the full report …...
Across the U.S., states are accelerating efforts to deploy large-scale energy storage through streamlined permitting, competitive solicitations, and new incentive programs. Energy storage can serve multiple functions in managing energy supply and demand, including balancing the variability of intermittent renewables and improving grid-operating capabilities.
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…...