Carbon Pricing June 2026 Update
U.S. carbon markets are advancing on multiple fronts, with states tightening emission caps, pursuing market linkage, and…Read the full report …...
Policy Primer: Carbon Pricing June 2026 Update
U.S. carbon markets are advancing on multiple fronts, with states tightening emission caps, pursuing market linkage, and reinforcing long-term compliance frameworks amid strong auction demand and continued legal scrutiny.
FERC Orders Grid Operators to Revamp Rules for Data Centers and Large Power Users
The Federal Energy Regulatory Commission on June 18 directed the nation’s six regional grid operators to justify existing rules or propose reforms aimed at accommodating rapidly growing demand from data centers, advanced manufacturing facilities, and other energy-intensive customers. The action reflects mounting concerns that existing transmission planning and service processes are not keeping pace with…...
Texas Approves First-of-Its-Kind Grid Connection Framework for Data Centers and Large Power Users
The Texas Public Utility Commission on June 18 approved a new process developed by the Electric Reliability Council of Texas to evaluate large electricity users seeking access to the state’s power grid, marking a significant shift in how rapidly growing demand from data centers and other large facilities will be managed. The framework, known as…...
U.S. Interior, Invenergy Reach $765 Million Deal to Terminate Offshore Wind Leases
The U.S. Interior Department on June 17 announced a settlement agreement with affiliates of Invenergy to terminate four offshore wind leases and redirect approximately $765 million toward natural gas-fired generation and geothermal energy projects across several states. Invenergy, one of the nation’s largest privately held energy infrastructure developers, will voluntarily relinquish offshore wind lease holdings…...
Northeast States Advance Offshore Transmission Framework for Future Wind Projects
The New Jersey administration on June 16 joined eight Northeast states and the District of Columbia in releasing a set of reports that lay out technical standards and policy recommendations for developing a more coordinated offshore transmission network along the Atlantic Coast. The reports were prepared by the POINTS Consortium, a research initiative supported by…...
U.S. Energy Department Approves $1.6 Billion Loan for DTE Gas Infrastructure Upgrades
The U.S. Energy Department on June 15 finalized a $1.6 billion loan for DTE Gas Company to modernize natural gas infrastructure in Michigan, a move projected to deliver more than $700 million in savings for customers while improving the reliability of the state’s energy distribution system. The financing, announced through the DOE’s Office of Energy…...
Michigan Commission Establishes Energy Affordability Goal for Low-Income Households
The Michigan Public Service Commission on June 11 established a statewide energy affordability goal that aims to reduce the energy burden of low-income households to no more than 6 percent of annual income, creating a new framework for utility assistance programs and customer bill support. The target allocates up to 4 percent of household income…...
New York Launches 5-Gigawatt Nuclear Expansion Framework to Strengthen Grid Reliability
The New York State Public Service Commission on June 11 initiated a proceeding to establish a Nuclear Reliability Backbone, or NRB, framework that could support development of up to 5 gigawatts of new nuclear generation, advancing Governor Kathy Hochul’s strategy to strengthen grid reliability and support the state’s clean energy transition. The initiative will evaluate…...