The U.S. Energy Department has been issuing emergency orders to address potential grid shortfall issues amid surging power demand in the summer season. The latest order, issued on June 24, authorizes Duke Energy Carolina to temporarily utilize certain electric generating units within its service territory in North Carolina and South Carolina to operate at their…...
U.S. residential customers are expected to receive an average monthly electricity bill of $178 for the summer 2025 period, up by $5 compared to the same period last year, according to a June 23 report published by the U.S. Energy Information Administration. The agency expects a slight decline in usage due to cooler projected summer…...
U.S. energy production exceeded consumption for the sixth consecutive year during 2024, according to a June 20 report published by the U.S. Energy Information Administration. The increase in energy production, most notably natural gas and crude oil production can be attributed to enhancements in drilling techniques such as horizontal drilling and hydraulic fracturing. The U.S…....
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.
ISO New England Internal Market Monitor (IMM) reported that the region’s wholesale electricity markets remained competitive and efficient in 2024, despite a notable increase in prices driven by carbon emissions costs and a sharp decline in energy imports. The findings, published in the ISO’s 2024 Annual Markets Report, released on May 29, offer a detailed…...
New York State has announced plans to establish a dedicated interagency working group to expedite the deployment of electric vehicle (EV) charging infrastructure and support the broader adoption of zero-emission vehicles (ZEVs) across all transportation sectors, according to a May 28 news release from the Department of Environmental Conservation. The initiative aligns with the state’s…...
The U.S. Energy Department on May 21 announced it will reallocate $365 million in funding to tackle Puerto Rico’s grid resiliency and develop access to secure, reliable and affordable power supply. The funding, directed through the Puerto Rico Resilience Fund, will be used to support practical fixes and emergency actions that provide a speedy, more…...
The New York Public Service Commission on May 15 approved a series of reforms aimed at accelerating the state’s clean energy transition, including a notable increase in its annual large-scale renewable energy procurement target. The revised goal raises the land-based renewable energy target (known as Tier 1) from 4,500 gigawatt-hours to 5,600 gigawatt-hours per year…....
