The New York State Public Service Commission on April 24 approved channeling surplus funds from the NY-Sun initiative into new solar projects that benefit low-income households. The state is expected to reach its 10-gigawatt distributed solar goal with $421 million left over from the program’s original $3.27 billion budget. About $150 million of that surplus…...
The U.S. Interior Department on April 23 announced it will execute emergency permitting procedures to fast track the development of critical minerals and domestic energy sources. The permitting procedures are in line with U.S. President Donald Trump’s executive order declaring a National Energy Emergency in January 2025. The order seeks to prioritize domestic fossil fuel…...
PJM Interconnection LLC, which operates the grid across 13 states and the District of Columbia, has proposed a price cap and floor for its upcoming capacity market auctions for the 2026/2027 and 2027/2028 delivery years. Though intended as a temporary measure to restore stability to the…Read the full report…...
PJM Interconnection LLC, which operates the grid across 13 states and the District of Columbia, has proposed a price cap and floor for its upcoming capacity market auctions for the 2026/2027 and 2027/2028 delivery years. Though intended as a temporary measure to restore stability to the capacity market, the move has raised concerns about market distortion by artificially inflating prices and stifling investment signals.
As battery storage plays a growing role in grid reliability and renewable integration, state lawmakers and regulators are advancing measures to enhance safety and oversight. U.S. battery storage capacity growth could reach a new high in…Read the full report …...
U.S. President Donald Trump on March 15 signed a joint resolution disapproving the Bureau of Ocean Energy Management’s (BOEM) rule named “Protection of Marine Archaeological Resources.”, in order to boost offshore energy development initiatives. This joint resolution nullifies the final rule issued by the BOEM and published under the previous administration in September 2024. The…...
The Bureau of Land Management on March 14 approved gen-tie transmission line and facilities for EDF Renewables’ Sapphire Solar project covering approximately 40 acres of land in Riverside County. The authorization allows EDF to develop the transmission line and infrastructure to connect the solar farm to the electric grid. Once operational, the solar power and…...
Carbon markets across the U.S. are experiencing shifts, with Washington’s auction prices climbing for the second consecutive time and potential market linkages taking shape, while…Read the full report …...