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 California Public Utilities Commission is launching a probe into the corporate governance, structure, and operation of Pacific Gas and Electric Company to determine the best course of action for safe electric and gas service in the wake of wildfires that caused widespread destruction in Northern and Southern California, according to a Nov. 15 statement…
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 Federal Energy Regulatory Commission approved settlements of over $83 million in civil penalties and disgorgement of over $66 million in unjust profits during fiscal year 2018, according to the Office of Enforcement’s twelfth annual report issued on Nov. 15. The report underscores agency action in the areas of fraud and market manipulation, violations of…
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…
The U.S. Energy Department is planning to fund competitive research and development of innovative coal generation technologies in the 2019 fiscal year, according to a Nov. 14 announcement. The agency envisions coal plants of the future to be “Flexible, Innovative, Resilient, Small and Transformative” under the new “Coal FIRST” initiative. The move stems from request…
The U.S. Energy Department selected 11 projects located across six states for cost-shared research and development of advanced nuclear technologies, according to a Nov. 13 press release. The projects, valued at about $25 million, make the third batch of recipients under the department’s advanced nuclear technology funding opportunity. The first round provided $60 million and…
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…
