The twenty-second quarterly carbon auction held by California and Quebec sold all of the nearly 57.1 million carbon permits offered for current emissions at a price of $17.87 per allowance, above the floor price of $16.68, according to the results released on Feb. 26 by the California Air Resources Board. The current allowance price is…
The Southwest Power Pool Inc., the grid operator for 14 states in the central U.S., filed a tariff with the Federal Energy Regulatory Commission to implement its Western Energy Imbalance Service Market in 2021, according to a Feb. 21 news release. The market is designed to balance generation and load regionally and in real time.…
The Federal Energy Regulatory Commission on Feb. 20 voted not to issue an order on the Jordan Cove liquefied natural gas export project and the associated Pacific Connector pipeline in Oregon. The decision follows the Oregon Department of Land Conservation and Development’s determination that the coastal adverse effects from the project will be significant. As…
The Federal Energy Regulatory Commission on Feb. 20 authorized Natural Gas Pipeline Company of America LLC to advance its Gulf Coast Southbound Project, which is designed to provide an additional 300,000 dekatherms per day of firm transportation service for Corpus Christi Liquefaction LLC’s liquefied natural gas facility in Texas. The project involves the construction operation,…
The Oklahoma Corporation Commission approved a settlement allowing Public Service Company of Oklahoma to recover costs to add 675 megawatts of wind power the state, according to a Feb. 20 news release. The move will not increase rates for customers, as cost savings resulting from the project will be passed on to them. Public Service will…
The Michigan Public Service Commission on Feb. 20 sent DTE Electric Company back to the drawing board on its long-term resource plan, citing fundamental flaws including lack of competitive bidding for supply-side resource additions. The agency recommended that DTE issue a request for proposals for new generation, and raise the proposed energy efficiency targets. Considering…
The Federal Energy Regulatory Commission on Feb. 20 issued a series of orders to narrow the resources exempt from the New York grid operator’s buyer-side market power mitigation rules. The agency dismissed a complaint from the Public Service Commission and the New York State Energy Research and Development Authority seeking an exemption for electric storage…
The U.S. Agriculture Department on Feb. 20 announced a goal to boost biofuel production efficiency and competitiveness to achieve market-driven blend rates of 30 percent of transportation fuels by 2050. The goal is part of a department-wide initiative, which aims to increase farm production by 40 percent, while cutting the sector’s environmental footprint by 50…
The North Dakota Public Service Commission on Feb. 19 granted a permit allowing Energy Transfer Partners to add a pump station designed to increase the capacity of its Dakota Access Pipeline from 600,000 barrels per day to up to 1.1 million barrels of crude oil per day. The 1,172-mile pipeline, which has been operating since…
Utility-scale wind generators accounted for 70 percent of the 3.1 gigawatts of renewable energy capacity in Michigan last year, according to a Feb. 18 report by the state’s Public Service Commission. Across the state, new wind and solar projects are expected to add more than one gigawatt of new, utility-scale electricity generation in 2020 and…
The Massachusetts Department of Energy Resources endorsed the long-term contracts executed by the state’s electric distribution companies to procure offshore wind power from Mayflower Wind Energy LLC ‘s 804-megawatt project, citing net benefits of about $2.4 billion to ratepayers over the 20-year term. The wind generation output and renewable energy certificates from the project will…
The U.S. Energy Department plans to invest in a five-year research program focused on producing fuels from sunlight, according to a Feb. 19 news release. The agency will establish one large or two smaller energy innovation hubs, which are “integrated multidisciplinary, multi-institutional research teams” to accelerate the fundamental scientific breakthroughs needed to enable solar fuel…