The International Energy Agency (IEA) on Oct. 27 released the World Energy Outlook 2022, which covers a variety of topics which range from causes of the energy crisis, the roadmap to net zero emissions, energy security, and the outlook for demand. Russia’s invasion of Ukraine initiated the globe’s first energy crisis and has led to…...
The Michigan Public Service Commission on Oct. 27 authorised two orders implementing revised planning parameters and filing obligations for integrated resource plans, or IRPs, the long term proposals of regulated electric utilities for delivering power that are mandatory of the state’s regulated electric utilities. IRPs outline an electric utility’s long-term projections for certifying consistent service…...
The New England region relies on imported liquefied natural gas (LNG) in the winter to meet natural gas demand due to an inadequate gas pipeline network. The reliance on imports is increasingly fraught as the region competes in the global market where high and volatile prices pose supply risk and pricing uncertainty.
The U.S. Department of Interior on Oct. 18 announced that the Bureau of Ocean Energy Management will hold an offshore wind energy lease sale on Dec. 6, 2022, for regions on the Outer Continental Shelf off central and northern California. The sale is expected to play a key role in helping the Biden administration reach…...
The California Energy Commission has implemented updates to the state’s load management standard that will provide customers more well-timed and precise data on electricity costs. The availability of this information will assist consumers in controlling energy use, and become vital during periods when demand is high. In principle, the updates support grid reliability and lower…...
Discussions about carbon pricing continue to evolve as the strategy is increasingly viewed as a policy tool that can play an expanded role in a broader policy mix to meet ambitious climate goals.
The Biden administration on Oct. 6 announced new actions by over 20 agencies to strengthen the federal government’s resistance to the exacerbating effects of climate change. The actions of agencies are outlined in their annual adaptation progress reports and emphasise an administration wide responsibility to tackling the climate crisis, by incorporating climate-enthusiasm across each agency’s…...
Virginia Governor Glenn Youngkin on Oct. 3 released the state’s 2022 Energy Plan which provides an analytical assessment of the current energy economy and outlines an approach for policy decisions. To meet the growing demand of residents and businesses, the plan calls for an “all of the above” approach that taps nuclear, natural gas, renewables,…...
