The U.S. Energy Department on Nov. 22 announced a new funding opportunity worth $550 million through the Energy Efficiency and Conservation Block Grant, or EECBG, program that will reinforce community-based clean energy projects across the country to support local government and the deployment of clean energy technologies. The funding sponsored by the 2021 Infrastructure Investment…...
The Michigan Public Service Commission on Nov. 18 authorized DTE Electric Company to increase its rates by $30.557 million effective Nov.25. Earlier in January 2022, the company filed an application pursuing a $388 million rate increase to recoup increased investments in its production and distribution system to enhance reliable service to its 2.3 million consumers…...
The U.S. Energy Department on Nov. 18 announced $13 billion in new funding opportunities for the growth and modernization of the U.S. power grid. The Grid Resilience Innovative Partnership, or GRIP, program and the Transmission Facilitation Program, funded by the 2021 Infrastructure Investment and Jobs Act, collectively represent the largest federal direct investment in infrastructure…...
U.S. heating oil prices were 65 percent higher during October 2022, compared to October 2021, according to a Nov. 17 report from the U.S. Energy Information Administration. Moreover, residential heating oil prices increased to a yearly record of $5.90 per gallon on Nov. 7, 2022, due to a combination of tight storage inventories, low imports,…...
Michigan’s distributed energy program experienced a 37 percent surge in participation in 2021 with 14,262 customers and 14,446 installations, according to the Michigan Public Service Commission’s annual Distributed Generation report. In this program, the customers generate their own electricity to reduce their electricity bill and reduce their dependence on the utility companies. Generation capacity from…...
The California Air Resources Board on Nov.16 unveiled the policies and actions the state proposes to implement, in order to reduce its dependence on fossil fuels and become carbon neutral by 2045 or earlier. The revised proposal follows Governor Newsom’s plea for more impactful climate actions and is innovative in both scale and scope. The…...
The Arizona Corporation Commission has approved a new electric vehicle charging tariff for Arizona Public Service Company that encourages daytime solar charging. This new program will promote EV charging during the maximum solar energy production hours at discounted prices, which will not only promote the adoption of electric vehicles fueled by renewable solar energy but…...
Net disposition of gas in the U.S. increased by 3.6 percent year-on-year in 2021, in line with growth in liquified natural gas, or LNG exports, according to a Nov. 15 report from the U.S. Energy Information Administration. The agency defines net disposition as consumption, net exports, and net storage. U.S. gas exports have been a…...
The California Public Utilities Commission has proposed a successor to its net energy metering program, which credits customer generators for grid-exported electricity. The successor would be an improved version of net billing, with a retail export compensation rate aligned with the value that generation systems provide to the grid and retail import rates that promote…...
The Biden Administration on Nov. 10 proposed the Federal Supplier Climate Risks and Resilience Rule at the 27th Conference of the Parties to the U.N. Framework Convention on Climate Change (COP 27), which would necessitate key federal contractors to publicly disclose their greenhouse gas emissions and climate related financial risks and establish science centred emission…...
The Bureau of Land Management on Nov. 9 released a revised environmental assessment for public input. The update is in response to court challenges against greenhouse gas emissions in the agency’s leasing program. The additional assessment examines emissions that could result from the future expansion of 3,600 oil and gas leases that were offered in…...
The U.S. Interior Department has announced the second-highest disbursement, amounting to $21.53 billion, in energy revenues in fiscal year 2022. The disbursement includes the largest revenue from renewable energy initiatives on federal lands and waters including a record $4.37 billion from the New York Bight offshore wind lease sale. Since 1983, the above payout is…...
