State utility regulators are ramping up oversight of retail electric markets, with recent actions ranging from Massachusetts resuming its review of customer protections to…Read the full report…...
State utility regulators are ramping up oversight of retail electric markets, with recent actions ranging from Massachusetts resuming its review of customer protections to Maryland implementing reforms to market rules.
The U.S. offshore wind industry is grappling with a changing landscape amid policy changes and economic challenges. President Donald Trump’s recent executive action halting offshore wind leasing and permitting has come as a major setback for the industry. While projects that have already secured…Read the full report…...
The U.S. offshore wind industry is grappling with a changing landscape amid policy changes and economic challenges. President Donald Trump's recent executive action halting offshore wind leasing and permitting has come as a major setback for the industry. While projects that have already secured federal approvals and financing are expected to move forward, prolonged permitting delays could stall momentum and deter future investment.
The New York Power Authority’s Board of Trustees on Jan. 28 approved a strategic plan to increase the state’s renewable energy capacity and support the goal of reaching 70 percent electricity generation from renewable sources by 2030. The plan identifies 37 renewable energy projects with a combined power generation capacity of over 3 gigawatts, which…...
U.S. President Donald Trump took action on Jan. 20 to temporarily withdraw areas of the Outer Continental Shelf from offshore wind energy leasing and review federal wind leasing and permitting practices. The action also stops federal agencies from issuing new or renewed approvals for offshore or onshore wind projects pending completion of a comprehensive assessment…...
U.S. President Donald Trump issued a series of executive actions on Jan. 20, declaring a national energy emergency, initiating fossil fuel expansion, and withdrawing the U.S. from the Paris Climate Agreement. These actions represent a sharp departure from former President Biden’s renewable energy and climate-focused policies. The declaration of a national energy emergency seeks to…...
The U.S. Interior Department on Jan. 17 approved the Construction and Operations Plan for Ocean Wind’s proposed SouthCoast Wind Project, which is designed to generate up to 2.4 gigawatts (GW) of offshore wind power. The project, which marks the 11th commercial-scale offshore wind energy facility in the U.S., has the potential to supply 840,000 residents…...
The U.S. Energy Information Administration has extended forecasts for five key energy trends through December 2026 in its latest short-term outlook, according to a report published on Jan. 15. The agency projects that these trends will have a significant impact on the energy markets over the upcoming two years. Electricity consumption is expected to increase…...