Constellation Energy has shut down its Mystic Generating Station, a natural gas-fired power plant located in Massachusetts. Mystic is one of the nation’s oldest power plants that has supplied electricity to the Boston area since the 1940s, according to a June 24 report from the U.S. Energy Information Administration. The company retired the Mystic plant…...
New York Governor Kathy Hochul has launched the eighth annual round of solicitation for large-scale renewable energy projects in the state. Expanding on New York’s 10-Point Action Plan, the new projects will advance the state’s goal of generating 70 percent of its electricity from renewables by 2030. The solicitations will be managed by the New…...
The U.S. Senate last week approved President Biden’s three nominees to serve on the Federal Energy Regulatory Commission (FERC) bringing the agency to its full complement of five commissioners. Industry and clean energy groups welcomed the move saying that a fully staffed commission is crucial to address challenges posed by an aging electric grid, the…...
The utilization of coal in the electricity generation mix in the PJM Interconnection region has declined over the last 10 years, due largely to higher relative fuel costs, according to a June 17 report published by the U.S. Energy Information. Competitive pressure from other energy sources, particularly natural gas has led to lower coal utilization…...
The New York State Energy Research and Development Authority announced two agreements to explore the potential renewable energy development on underutilized sites in the Southern Tier and Western New York through its Build Ready program. The first site is in the area surrounding Ithaca Tompkins International Airport and the second site is the Witmer Road…...
Monthly residential electric bills this summer (June through August) are projected to average $173 in the U.S., marginally higher than last summer’s average of $168, according to a June 13 report published by the U.S. Energy Information Administration. The agency projects increased electricity usage this summer due to the expectation of higher temperatures this summer…....
The Maryland Public Service Commission has approved a rate increase of $44.6 million for Potomac Electric Power Company (Pepco), which translates to an estimated electric bill increase of $5.72 per month for the average residential customer. The commission approved a significantly lower amount than the company’s initial request and authorized rate changes for only one…...
Tensions in the Middle East have led to trade disruptions through the Red Sea and increased crude oil and oil product flows around the Cape of Good Hope, which is located at the southern tip of Africa, according to a June 11 report published by the U.S. Energy Information. The quantity of crude oil and…...
Construction began on June 10 to transform the South Brooklyn Marine Terminal (SBMT) in New York City into what would be the nation’s largest offshore wind port, according to a press release from the New York State Energy Research and Development Authority (NYSERDA). The facility will serve as the operations and maintenance hub for Empire…...
Electricity supply shortage could occur if demand during peak periods is higher than projected or if electricity supply produced is lower than anticipated, according to the North American Electric Reliability Corporations (NERC) 2024 Summer Reliability Assessment. The U.S. Energy Information Administration issued an analysis on June 10, highlighting the findings of the assessment. The continental…...
The U.S. Energy Department on June 6 announced $45 million from the Energy Efficiency Revolving Loan Fund Capitalization Grant, or RLF, program to five states and the District of Columbia. The program, supported by the 2021 Infrastructure Investment and Jobs Act, offers funds that allow states and territories to make available loans and subsidies to…...
Developers plan to expand U.S. hydrogen production employing technologies that make use of electricity, according to a June 6 report published by the U.S. Energy Information Administration. The use of planned electrolyzer installations would shift hydrogen production away from its traditional reliance on hydrocarbon feedstocks towards the usage of electricity to produce hydrogen from water…....
