U.S. energy production rose 4 percent to a record high of around 103 quadrillion British thermal units (quads) during 2023, according to a June 26 report published by the U.S. Energy Information Administration. Moreover, U.S. energy consumption declined by 1 percent to 94 quads during 2023. Production surpassed consumption during 2023 by a record 9…...
The U.S. Senate approval of President Biden’s three nominees to serve on the Federal Energy Regulatory Commission (FERC) brings the agency to its full complement of five commissioners. The move comes as FERC is considering key issues including…Read the full report …...
New York Governor Kathy Hochul has launched the eighth annual round of solicitation for large-scale renewable energy projects in the state. Expanding on New York’s 10-Point Action Plan, the new projects will advance the state’s goal of generating 70 percent of its electricity from renewables by 2030. The solicitations will be managed by the New…...
The U.S. Senate last week approved President Biden’s three nominees to serve on the Federal Energy Regulatory Commission (FERC) bringing the agency to its full complement of five commissioners. Industry and clean energy groups welcomed the move saying that a fully staffed commission is crucial to address challenges posed by an aging electric grid, the…...
Regulatory developments are shaping the trajectory of carbon markets amid mixed outcomes in recent allowance auctions. California, Quebec, and Washington are considering a shared carbon market highlighting the importance of collaborative efforts to tackle…Read the full report …...
Regulatory developments are shaping the trajectory of carbon markets amid mixed outcomes in recent allowance auctions. California, Quebec, and Washington are considering a shared carbon market highlighting the importance of collaborative efforts to tackle climate change, while Pennsylvania lawmakers have proposed a state-specific cap-and-invest program.
Construction began on June 10 to transform the South Brooklyn Marine Terminal (SBMT) in New York City into what would be the nation’s largest offshore wind port, according to a press release from the New York State Energy Research and Development Authority (NYSERDA). The facility will serve as the operations and maintenance hub for Empire…...