The U.S. offshore wind sector is navigating a shifting policy environment amid recent federal actions, which have slowed momentum and increased market uncertainty. These actions have led developers to…Read the full report…...
The U.S. offshore wind sector is navigating a shifting policy environment amid recent federal actions, which have slowed momentum and increased market uncertainty. These actions have led developers to reassess their timelines and commitments, rendering state efforts and long-term planning increasingly critical.
The 44th quarterly carbon auction held by California and Quebec sold all of the nearly 51.9 million carbon permits offered under the current auction at a price of $28.76 per allowance, above the floor price of $25.87, according to the results released on Aug. 27 by the California Air Resources Board. The current auction’s clearing…...
PJM Interconnection LLC and its stakeholders on Aug. 26 launched discussions under the Sub-Annual Capacity Market Senior Task Force, focusing on potential seasonal changes to its capacity market design. The group, created earlier this year by the PJM Markets and Reliability Committee, is tasked with evaluating sub-annual structures as the grid operator shifts away from…...
Several U.S. states have enacted or are considering legislation to manage the electricity costs and infrastructure impacts of large-load customers, particularly data centers. These energy-intensive facilities are expected to…Read the full report…...
Several U.S. states have enacted or are considering legislation to manage the electricity costs and infrastructure impacts of large-load customers, particularly data centers. These energy-intensive facilities are expected to consume up to 12 percent of total U.S. electricity by 2028, up from 4.4 percent in 2023, according to the U.S. Energy Department.
The Maryland Public Service Commission on Aug. 20 launched a broad review of natural gas system planning practices under its ongoing “Future of Gas” proceeding. The regulator said the initiative is intended to evaluate whether the current long-term capacity, supply, and investment planning processes of natural gas utilities are consistent with the state’s climate commitments…...
New Jersey Governor Phil Murphy signed into law two measures on Aug. 15 that aim to increase transparency and accountability in the operations of regional grid operator PJM Interconnection LLC, as households and businesses face mounting electricity costs. The legislation strengthens the role of the New Jersey Board of Public Utilities in examining PJM’s market…...
The Arizona Corporation Commission on Aug. 14 voted unanimously to begin the process for repealing the Renewable Energy Standard and Tariff, or REST, rules. Established in 2006, the rules require the state’s electric utilities to source a certain percent of their electricity from renewable energy resources, reaching 15 percent by 2025. The state’s two largest…...
Across the U.S., state regulators are overhauling natural gas utility rules, ending subsidies for new connections and exploring pilot programs that transition neighborhoods to zero-emission energy, as they…Read the full report …...