The Maryland Public Service Commission on June 13 issued an order ending subsidies for new natural gas line extensions, a move that significantly alters how utilities recover infrastructure costs and aligns gas planning with the state’s decarbonization laws. The decision directs that new customers must pay the full cost of connecting to the gas system,…...
Recent carbon market auctions have delivered mixed results underscoring the growing impact of…Read the full report …...
Recent carbon market auctions have delivered mixed results underscoring the growing impact of federal policy shifts on regional emissions trading programs.
The Washington Department of Ecology on June 11 reported that all available emissions allowances were sold in the state’s tenth quarterly carbon auction, reinforcing the program’s stability and effectiveness. With this auction, total revenue generated for climate-focused initiatives has now reached nearly $3.2 billion since the program was launched in early 2023. The latest auction…...
Atlantic Shores Offshore Wind has filed a petition with the New Jersey Board of Public Utilities requesting consent to terminate its 1,509.6-megawatt offshore wind contract off the coast of New Jersey, citing legal and financial impracticability stemming from a federal permitting freeze and inflationary pressures. The request follows the withdrawal of a critical air permit…...
As U.S. states sharpen their focus on grid reliability and decarbonization, energy storage efforts are advancing through…Read the full report …...
As U.S. states sharpen their focus on grid reliability and decarbonization, energy storage efforts are advancing through structured procurement programs, utility-specific targets, and streamlined regulatory processes.
The 68th quarterly carbon auction of the Regional Greenhouse Gas Initiative, or RGGI, the nation’s first market-based emissions regulation program, sold all of the more than 15.2 million CO2 allowances offered at a clearing price of $19.63, according to results released on June 6. This is slightly below the $19.76 clearing price in the previous…...
U.S. biodiesel and renewable diesel production declined significantly during the first quarter of 2025, due to negative profit margins and ambiguity regarding federal biofuel tax credits, according to a June 4 report published by the U.S. Energy Information Administration. The agency projects production of both fuels to rise during the remainder of 2025, but biodiesel…...
