About 5 billion cubic feet per day of new natural gas pipeline capacity came online in the U.S. during the first half of 2020, according to an Aug. 24 report from the U.S. Energy Information Administration. At the same time an estimated 8.7 billion cubic feet per day (Bcf/d) of pipeline projects were canceled in…...
Exelon Generation on Aug. 26 announced that it plans to retire two nuclear plants in Illinois with a capacity of more than 4.1 gigawatts as they face revenue shortfalls due to falling energy prices and market rules that allow fossil fuel generators to underbid carbon-free resources in PJM Interconnection LLC’s capacity auction. The announcement follows…...
The Michigan Public Service Commission on August 20 authorized a settlement allowing DTE Gas to increase its revenues by $110 million, which is about 46 percent lower than the utility’s original request. The new rate, effective Oct. 1, will raise monthly residential bills for customers using 100 cubic feet of gas by about $2.97 or…...
The California Public Utilities Commission on Aug. 27 authorized a budget of $437 million to fund the installation of about 38,000 charging ports under Southern California Edison Company’s Charge Ready 2 program. The decision adopted changes that make the program more cost effective and better align with California’s electric vehicle goals than the utility’s initial…...
The twenty-fourth quarterly carbon auction held by California and Quebec sold nearly 89 percent of the carbon permits offered for current emissions, rebounding from a dip in the previous auction which sold only 37 percent, according to the results released on Aug. 25 by the California Air Resources Board. The auction generated about $474.4 million…...
The Michigan Public Service Commission on Aug. 20 ordered DTE Electric Co., Consumers Energy Co., and Indiana Michigan Power Co. to file electricity distribution and maintenance plans consistent with the goals set forth in MI Power Grid – Michigan’s grid modernization initiative. MI Power Grid, launched in October 2019 with support from Democratic Governor Gretchen…...
The Massachusetts Executive Office of Energy and Environmental Affairs on Aug. 20 announced lease agreements with Vineyard Wind and Mayflower Wind to use the New Bedford Marine Commerce Terminal as the main staging and deployment facility for their offshore wind projects. The agreements worth over $32.5 million commit the terminal for full-time use from 2023-2027…....
The U.S. Energy Department on Aug. 20 authorized the Alaska LNG Project LLC to export liquefied natural gas in a volume equivalent to 929 billion cubic feet per year from a facility to be constructed in south central Alaska. The authorization allows Alaska LNG to export natural gas to non-free trade agreement countries for a…...
North Dakota’s crude oil output fell by 41.6 percent between December 2019 and May 2020, a much larger decline than it would have been if producers ceased new drilling and allowed production from existing wells to drop naturally, according to an Aug. 20 report from the U.S. Energy Information Administration. The decline is largely attributed…...
The California Air Resources Board finalized agreements with major automakers – Ford, Honda, BMW, Volkswagen, and Volvo – to cut vehicle emissions in the state based upon a framework released last year, according to an Aug. 17 press release. The framework, which supports continued annual reductions of vehicle emissions through the 2026 model year, sets…...
Democratic Governor John Bel Edwards on Aug. 19 signed two executive orders to address climate change and enhance coastal resilience. The first order establishes the state’s first Climate Initiative Task Force to make recommendations to cut net greenhouse gas emissions by 100 percent by 2050. The second order outlines measures under the Adaptive Governance Initiative…...
The New York Public Service Commission on Aug. 13 announced an update on transmission initiatives underway to implement the 2020 Accelerated Renewable Energy Growth & Community Benefit Act. This legislation calls for significant investment to meet New York’s target of sourcing 70 percent of its electricity from renewable energy by 2030. The 2019 Climate Leadership…...
