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…...
The U.S. Energy Department on Dec. 2 announced $35 million in funding for technologies that aim to reduce methane emissions in the coal, oil, and natural gas sectors. The department selected 12 projects for the grants under a new program called “Reducing Emissions of Methane Every Day of the Year,” or REMEDY, a three-year research…...
U.S. President Joe Biden signed the Infrastructure Investment and Jobs Act into law on Nov.15, unlocking $62 billion for U.S. Energy Department initiatives, including revitalizing domestic manufacturing, expanding access to energy efficiency and clean energy, modernizing the power grid, and advancing next-generation technologies. Among the major provisions, the legislation allocates $6 billion for a Civilian…...
Carbon reduction goals are driving policy support to keep financially-struggling nuclear generation plants operating and encourage new reactors. The fuel diversity and zero-carbon attributes of the resource are fueling the policy debate over its role in meeting state and federal energy and environmental goals.
The Texas Public Utilities Commission on Oct. 21 adopted a rule addressing weather emergency preparedness of power generators and utilities, the first of a two-part process in the development of reliability standards in the wake of the mid-February winter storm event. The rule requires affected companies to implement winter weather readiness recommendations identified in a…...
Natural gas exports rose by 13 percent from 2019 to 2020, reaching 5.3 trillion cubic feet, according to a June 7 report from the U.S. Energy Information Administration. Consumption also grew in the U.S. electric power sector, increasing by 3 percent over the same period. Since 2011, 100 coal plants across the U.S. have been…...
U.S.energy consumption totaled 92.9 quadrillion British thermal units in 2020, a record 7 percent decrease from 2019, according to a June 4 report from the U.S. Energy Information Administration. Renewable energy consumption increased by 2 percent, whereas all other fuels decreased: coal by 19 percent, petroleum by 13 percent, natural gas by 2 percent, and…...
The long-awaited capacity market auction of PJM Interconnection LLC for the 2022-2023 delivery year cleared at $50 per megawatt-day, which is 64 percent lower than the 2018 auction and the lowest in almost a decade. This is the first auction to be conducted by the nation’s largest grid operator under the expanded minimum offer price rule (MOPR) resulting from a 2019 order by the Federal Energy Regulatory Commission.
Washington is moving expeditiously to implement rules and strategies as the state seeks to achieve carbon-free electricity by 2045 and reduce emissions to net zero by 2050. The state is advancing multiple measures ranging from resource planning rules to establishing a carbon cap-and-trade program, and strengthening auto-emission standards.