Carbon Pricing June 2025 Update
Recent carbon market auctions have delivered mixed results underscoring the growing impact of…Read the full report …...
Policy Primer: Carbon Pricing June 2025 Update
Recent carbon market auctions have delivered mixed results underscoring the growing impact of federal policy shifts on regional emissions trading programs.
Atlantic Shores Seeks Termination of 1.5-Gigawatt Offshore Wind Contract Amid Federal Permitting Delays
Atlantic Shores Offshore Wind has filed a petition with the New Jersey Board of Public Utilities requesting consent to terminate its 1,509.6-megawatt offshore wind contract off the coast of New Jersey, citing legal and financial impracticability stemming from a federal permitting freeze and inflationary pressures. The request follows the withdrawal of a critical air permit…...
U.S. Energy Production Reached a Record High During 2024: EIA
U.S. total energy production surpassed 103 quadrillion British thermal units in 2024, up one percent from the previous record set last year, according to a June 9 report published by the U.S. Energy Information Administration. Solar, wind, biofuels, natural gas, natural gas plant liquids, crude oil each reached domestic production highs in 2024. The largest…...
U.S. States Advance Strategic Initiatives Toward Achieving Long-Term Energy Storage Goals
As U.S. states sharpen their focus on grid reliability and decarbonization, energy storage efforts are advancing through…Read the full report …...
Solar, Wind Power Curtailments Increase by 29 Percent in California During 2024: EIA
The California Independent System Operator curtailed 3.4 million megawatt-hours of utility scale solar and wind output during 2024, up 29 percent from the volume curtailed during 2023, according to a May 28 report published by the U.S. Energy Information Administration. The grid operator curtails wind and solar powered electricity production, in order to balance demand…...
New York Commission Revises Clean Energy Procurement Strategy to Align With Market Realities
The New York Public Service Commission on May 15 approved a series of reforms aimed at accelerating the state’s clean energy transition, including a notable increase in its annual large-scale renewable energy procurement target. The revised goal raises the land-based renewable energy target (known as Tier 1) from 4,500 gigawatt-hours to 5,600 gigawatt-hours per year…....
U.S. Interior Department Proposes Repeal of Renewable Energy Rule to Support Broader Resource Use
The U.S. Interior Department on May 14 announced the proposed rescission of a rule governing wind and solar energy development on public lands. This is in accordance with U.S. President Donald Trump’s agenda to eliminate burdensome regulations and stimulate economic growth. The proposed removal of the Bureau of Land Management’s clean energy regulation allows for…...