Virginia Regulator Approves $650 Million Grid Transformation Plan for Dominion Energy

Virginia Regulator Approves $650 Million Grid Transformation Plan for Dominion Energy

The Virginia State Corporations Commission on Jan. 7 approved the second phase of the Grid Transformation Plan proposed by Dominion Energy Inc. for the years 2022 and 2023. The approved phase II is focused on a set of projects aimed at accommodating the growing participation of distributed energy resources promoted by recent policy developments. Virginia’s Clean…...

Minnesota Governor Unveils Plan to Achieve 100 Percent Carbon-Free Electricity by 2050

New York Grid Operator Proposes Capacity Market Changes to Meet Decarbonization Mandates

The New York Independent System Operator submitted market rule changes for consideration by the Federal Energy Regulatory Commission (FERC) proposing to revise buyer-side mitigation, or BSM, rules, in a bid to advance the objectives of the state’s landmark climate law, according to a Jan. 10 press release. The changes would exempt clean energy resources from…...

New York Begins Process for Second Offshore Wind Solicitation to Procure At Least 1,000 Megawatts

New York to Invest $500 Million in Offshore Wind Infrastructure

New York Governor Kathy Hochul on Jan. 5 announced a plan to enhance the state’s renewable energy footprint including an investment of $500 million in offshore wind infrastructure, as part of the 2022 State of the State. The plan calls for investments in offshore wind manufacturing and associated supply chain, and is expected to create…...

Virginia Regulator Clears Dominion’s $226 Million Portfolio of Demand Side Programs

New York Governor Reveals Plan to Electrify Homes, Attain Zero-Emissions Construction

New York Governor Kathy Hochul on Jan. 5 outlined a plan to raise the rate of electrification of homes from about 20,000 homes per year to more than tenfold by 2030 and achieve two million electrified or electrification-ready homes. The plan includes workforce training, upgrading appliance efficiency standards, and mandatory energy benchmarking for large buildings…....

U.S. Energy Department

Connecticut Initiates 2022 Comprehensive Energy Strategy Assessment

The Connecticut Department of Energy and Environmental Protection on Jan. 6 announced the start of the process to develop the 2022 Comprehensive Energy Strategy (CES) to plan for the effective management of the state’s energy supply, distribution, and demand. The CES is expected to analyse Connecticut’s future energy needs, identify strategies to reduce cost for…...

New York to reach its Energy Storage Targe

U.S. Energy Department Grants $35 Million to Foster Clean Energy, Climate Solutions

The U.S. Energy Department on Jan. 6 released $35 million to small-scale businesses for scientific projects related to clean energy and climate change. In total, 158 projects will receive funding across 29 states that will contribute to developing a range of clean energy technologies, including tools for climate research and advanced batteries for electric vehicles…....

Anticipated Growth in Electric Vehicles Contribute to PJM's Long-Term Forecast

Anticipated Growth in Electric Vehicles Contribute to PJM’s Long-Term Forecast

The 2022 load forecast report of PJM Interconnection LLC, which manages the electric grid across 13 states and the District of Columbia, estimates summer and winter peak loads to rise by 0.4 percent and 0.7 percent, respectively, over the next 10-year period starting this year. Net energy for load growth in the grid operator’s footprint…...

New Jersey Board Joins Prominent U.S. Offshore Wind Research Organization

New Jersey Board Joins Prominent U.S. Offshore Wind Research Organization

The New Jersey Board of Public Utilities on Jan. 4 joined the National Offshore Wind Research and Development Consortium (NOWRDC), a not-for-profit public-private partnership created in 2018 to support the U.S. offshore wind industry through research projects. The participation is expected to play a key role in helping the state achieve its goal of 7,500…...

Crude Oil Price

Crude Oil Market Supply Tightness Supported Higher Oil Prices in 2021: EIA

Brent spot prices began at $50 per barrel in January 2021 and climbed to a high of $86 per barrel in October before falling in the final weeks of the year, according to a Jan. 4 report from the U.S. Energy Information Administration (EIA) on crude oil prices recovery last year. The agency highlighted that…...

Arkansas Decides to Retain Retail Rate Net Metering Through 2022

Idaho Commission Issues Directives for Idaho Power On-Site Generation Study

The Idaho Public Utilities Commission on Dec.30 issued an order that governs the topics and concerns that will be covered in a comprehensive study that examines the costs, benefits and compensation of excess energy that is generated by Idaho Power customers who produce on site generation. The parameters of the study are expected to minimise…...

New York Governor Announces $90 Million in Federal Aid for Home Heating During Winter

New York Governor Announces $90 Million in Federal Aid for Home Heating During Winter

New York Governor Kathy Hochul on Dec. 28 announced an increase in emergency aid for low-and middle-income families to keep their homes heated during the winter. The move aims to prevent disconnecting or exhausting sources amid expected increases in fuel prices. Compared to last year, the emergency benefit planned for this winter ranges from 32…...

EPA Releases Strategic Plan in Conjunction with President's Proposed $11.8 Billion Budget to Address Climate Change, Environmental Justice

New York Climate Action Council Unveils Draft Plan to Accomplish Emissions-Reduction Goals

The New York State’s Climate Action Council on Dec. 30 released a draft plan recommending policies and actions required to help meet the ambitious goals under the 2019 Climate Leadership and Community Protection Act, which calls for 85 percent reduction in greenhouse gases by 2050. The law requires New York to source 70 percent of…...