The Florida Public Service Commission authorized Gulf Power Company to implement an interim charge to collect an estimated $342 million from customers to cover the costs incurred to restore power after Hurricane Michael and to replenish the company’s storm reserve, according to a May 14 news release. The company will implement an interim monthly charge…
The U.S. is poised to become a net exporter of natural gas by pipeline for the year for the first time ever following a 24 percent jump in shipments to Mexico in 2018 and a build out of new cross-border links set to expand the capacity for flows heading to the southern neighbor.
Republican Governor Larry Hogan signed legislation on May 13 that extends the state’s community solar pilot through 2024 and removes the limit on the maximum number of subscribers in the program. Hogan also signed a bill establishing an energy storage pilot program that requires each investor-owned utility to solicit offers for projects under various commercial…
The North Carolina Utilities Commission on May 10 authorized Duke Energy Progress LLC to construct the generation components of the company’s proposed Hot Springs microgrid project consisting of a 2-megawatt solar facility and a 4-megawatt lithium-based battery storage facility. The project, to be located in Madison County, is designed to provide an innovative grid solution…
During the 2018-2019 winter, spot prices at the Algonquin Citygate, a trading hub and benchmark for natural gas prices in New England, remained under $14 per million British thermal units and averaged at about $7 in January and February, according to a May 13 report from the U.S. Energy Information Administration. Last winter, the bomb…
U.S. power plants are projected to generate 2 percent less power during the summer months of 2019 compared to last year due to changes in the mix of energy sources, according to a May 9 report from the U.S. Energy Information Administration. Coal is forecast to supply 25 percent of generation this summer, down from…
The South Carolina legislature on May 9 passed a measure that will eliminate the 2 percent cap on net metering for rooftop solar customers until a successor program is in place. The bill directs the Public Service Commission to open a generic docket by January 1, 2020 to investigate and determine the costs and benefits…
A bipartisan group of state legislators re-introduced a pair of bills aimed at getting Pennsylvania to 100 percent renewable energy by 2050. Christopher Rabb, a Democrat, introduced HB 1425, while Tom Killion, a Republican, is sponsoring the Senate version, SB 630. The proposals will set benchmarks for phasing out nonrenewable energy by requiring 50 percent…
The United States produced a record amount of energy from various sources in 2018, reaching 96 quadrillion British thermal units, 8 percent higher than in the previous year, according to the Energy Information Administration’s latest Monthly Energy Review. While fossil fuels like crude oil and natural gas saw increases of 17 and 12 percent respectively…
California’s large investor-owned utilities procured about 38 percent of their total generation from renewable resources, which accounted for nearly 42 percent of their total generation costs in 2018, according to a May 8 report from the California Public Utilities Commission. Wind and solar dominated utility power contracts, with the average prices for contracts dropping to…
Tucson Electric Power Company entered into an agreement to join the Western Energy Imbalance Market from April 2022, according to a May 8 news release from the California Independent System Operator Corporation. Tucson estimates the participation to result in about $13 million in annual energy cost savings for its customers by expanding real-time access to…
The Electric Reliability Council of Texas on May 8 released its seasonal assessment report for the upcoming summer, which forecasts a peak demand of about 74,850 megawatts, which is 1,300 megawatts higher than the all-time record set last July. The grid operator identified a potential need for an energy emergency alert status, in order to…
