U.S. primary energy consumption, which includes energy from fossil fuels, renewables, and nuclear, increased by 4 quadrillion British Thermal Unit (quads) in 2021 as compared to 2020, according to a July 1 report from the U.S. Energy Information Administration. Fossil fuels namely, petroleum, natural gas, and coal, represent approximately 76.6 quads out of the total…...
The U.S. Supreme Court on June 30 restricted the Environmental Protection Agency’s authority to regulate power plant emissions under the Clean Air Act. The 6-3 decision in favour of coal interests in West Virginia v. EPA, is expected to negatively impact the Biden administration’s wider attempts to combat climate change. The court invoked the “major…
PJM Interconnection LLC’s capacity market auction for the 2023-2024 delivery year cleared at $34.13 per megawatt-day (MW-day), which is nearly 32 percent lower compared to the 2021 auction and the lowest in almost a decade. The auction results reflect a low-carbon resource mix, with a growth of more than 5,000 cleared megawatts of carbon-free resources, according to the grid operator, which operates across 13 states and the District of Columbia.
The Michigan Public Service Commission on June 23 approved a settlement agreement that allows Consumers Energy Co. to exit coal-fired generation by 2025 and add 8 gigawatts of solar energy to the grid. The settlement pertains to the company’s integrated resource plan, or IRP, which identifies the optimal mix of resources to serve customers over…...
PJM Interconnection LLC’s capacity auction for the 2023/2024 delivery year cleared at $34.13 per megawatt-day, which is nearly 32 percent lower compared to the 2021 auction, according to the grid operator’s June 21 news release. The auction procured adequate resources to meet energy needs in PJM’s service area, which covers all or part of the…
U.S. power generation from renewables will expand from 21 percent in 2021 to 44 percent in 2050, according to a March 18 report from the U.S. Energy Information Administration. The growth in renewable energy can be attributed to a rise in new wind and solar power generation assets. Growth in wind and solar assets is…...
The U.S. Interior Department on March 4 announced a funding of $144 million is accessible to states and Tribes for abandoned mine land, or AML, retrieval efforts in fiscal year 2022. This builds upon the $725 million fiscal year 2022 investment from the 2021 Infrastructure Investment and Jobs Act to speed up cleaning up of…...
U.S. President Joe Biden announced on March 8 that the U.S. will ban imports of Russian oil and gas and energy, “targeting the main artery of Russia’s economy.” This is latest action taken by the Biden administration in response to Russia’s invasion of Ukraine that began nearly two weeks ago. Biden noted that the effort…...
A group of 18 U.S. Senators on March 3 introduced legislation called the “Ban Russian Energy Imports Act” aimed to prohibit the import of Russian crude oil, petroleum, petroleum production, liquified natural gas and coal, following Russia’s invasion of Ukraine. The bill would declare a national emergency with respect to Russian aggression and at once…...
Pennsylvania exported 78 million megawatt hours (MWh) of generated electricity to neighbouring states in 2020. This is the highest among any other state, despite other states such as Texas and Florida, producing more electricity, according to a Feb. 7 report from the U.S. Energy Information Administration. During 2020 more than 230 million MWh of electricity…...
Georgia Power on Jan. 31 filed its 2022 Integrated Resource Plan with the Georgia Public Service Commission, proposing to close all of its coal assets by 2035. The company intends to retire a total of 12 generation assets producing more than 3,500 megawatts by 2028. To assist this asset transformation, the utility is planning to…...