The Council of the District of Columbia voted unanimously on Nov. 27 to advance a bill that would double the renewable energy portfolio standard to 100 percent by 2032, from the current target of 50 percent. The bill, which amends the Renewable Energy Portfolio Standard Act of 2004, would require utilities operating in the District…
The Illinois Power Agency on Nov. 26 unveiled a final supplemental funding plan for the “Illinois Solar for All Program” established under the 2016 Future Energy Jobs Act which modernized the state’s renewable portfolio standard to ensure long-term funding sources for purchasing renewable resources. The program is intended to encourage the development of new distributed…
The North Carolina Utilities Commission on Nov. 26 approved Duke Energy Progress LLC’s proposed decrement rate to reflect about $103.88 million in annual revenue impact from the federal tax law that slashed income tax rates to 21 percent from 35 percent effective Jan. 1. The change will offset a rate hike slated to go into…
New Jersey completed 100,000 installations, a landmark in the state’s thriving solar industry which has benefitted from net metering, a renewable portfolio standard, and a solar renewable energy credit or SREC market, according to a Nov. 23 press release from the New Jersey Board of Public Utilities. In May, the state enacted legislation that phases…
Electricity usage pattern on the Thanksgiving Day, the fourth Thursday of November every year, is unlike other normal weekdays as demand peaks in the late morning when families prepare meals and gather to celebrate the holiday, according to a Nov. 20 report from the Energy Information Administration. Overall electricity demand on Thanksgiving Day tends to…
The New York Power Authority will install up to 200 direct current fast chargers at over two dozen locations along major traffic corridors, JFK Airport, and five major cities under the EVolve NY program, according to a Nov. 19 announcement. The agency said it has earmarked the first 32 locations to install charging equipment under…
The Rhode Island Public Utilities Commission on Nov. 19 approved National Grid plc’s proposed rate adjustments stemming from reconciliations for various costs for the one-year period from January 2016 through December 2016. The company said that the overall impact of the changes will result in an increase of $1.57, or about 1.7 percent increase in…
The Federal Energy Regulatory Commission on Nov. 19 rejected CXA La Paloma LLC’s petition to order California Independent System Operator Corporation to implement a centralized resource adequacy procurement process and a transitional payment mechanism. In a complaint filed in June, the company alleged that the continued dependence on “stopgap mechanisms” for resource adequacy has led…
The U.S. Energy Department announced $98 million in funding for 40 new projects as part of the Advanced Research Projects Agency-Energy’s open funding opportunity to spur innovative technologies that can transform the energy system, according to a Nov. 15 press release. The projects, located in 21 states, cover a broad range of technologies in multiple…
The New York Public Service Commission approved the construction and operation of a 126-megawatt utility-scale wind generation project proposed by Cassadaga Wind LLC, a subsidiary of EverPower Wind Holdings Inc., according to a Nov. 15 press release. The commission determined that the developer is financially able to move forward with the project. In January, the…
The Department of the Interior’s Bureau of Energy Management sees potential for 9.6-gigawatts of offshore wind power in the New York Bight area, an indentation along the Atlantic coast between New Jersey and Long Island, according to a Nov. 14 draft plan. The draft plan includes 478,594 acres of secondary areas, which are more likely…
Under current and planned policies, global energy demand is expected to grow by over 25 percent to 2040, requiring an annual investment of more than $2 trillion in new energy supply, according to the International Energy Agency’s World Energy Outlook published on Nov. 13. The agency said that over 70 percent of global energy investments…
