The Michigan Public Service Commission on August 20 authorized a settlement allowing DTE Gas to increase its revenues by $110 million, which is about 46 percent lower than the utility’s original request. The new rate, effective Oct. 1, will raise monthly residential bills for customers using 100 cubic feet of gas by about $2.97 or…...
The California Public Utilities Commission on Aug. 27 authorized a budget of $437 million to fund the installation of about 38,000 charging ports under Southern California Edison Company’s Charge Ready 2 program. The decision adopted changes that make the program more cost effective and better align with California’s electric vehicle goals than the utility’s initial…...
The twenty-fourth quarterly carbon auction held by California and Quebec sold nearly 89 percent of the carbon permits offered for current emissions, rebounding from a dip in the previous auction which sold only 37 percent, according to the results released on Aug. 25 by the California Air Resources Board. The auction generated about $474.4 million…...
Recently, state regulators have stepped up efforts to value distributed energy resources (DERs) more accurately while looking for ways to better reflect the costs they impose on the grid. Among recent actions, New York adopted a mechanism to move the market towards more cost-reflective rates, while California decided to include avoided transmission costs in the valuation, and Connecticut unveiled a study on quantifying the benefits of these resources.
The Massachusetts Executive Office of Energy and Environmental Affairs on Aug. 20 announced lease agreements with Vineyard Wind and Mayflower Wind to use the New Bedford Marine Commerce Terminal as the main staging and deployment facility for their offshore wind projects. The agreements worth over $32.5 million commit the terminal for full-time use from 2023-2027…....
North Dakota’s crude oil output fell by 41.6 percent between December 2019 and May 2020, a much larger decline than it would have been if producers ceased new drilling and allowed production from existing wells to drop naturally, according to an Aug. 20 report from the U.S. Energy Information Administration. The decline is largely attributed…...
The California Air Resources Board finalized agreements with major automakers – Ford, Honda, BMW, Volkswagen, and Volvo – to cut vehicle emissions in the state based upon a framework released last year, according to an Aug. 17 press release. The framework, which supports continued annual reductions of vehicle emissions through the 2026 model year, sets…...
Democratic Governor John Bel Edwards on Aug. 19 signed two executive orders to address climate change and enhance coastal resilience. The first order establishes the state’s first Climate Initiative Task Force to make recommendations to cut net greenhouse gas emissions by 100 percent by 2050. The second order outlines measures under the Adaptive Governance Initiative…...
The New York Public Service Commission on Aug. 13 announced an update on transmission initiatives underway to implement the 2020 Accelerated Renewable Energy Growth & Community Benefit Act. This legislation calls for significant investment to meet New York’s target of sourcing 70 percent of its electricity from renewable energy by 2030. The 2019 Climate Leadership…...
The Florida Public Service Commission on Aug. 18 approved Peoples Gas Systems’ request for an accounting mechanism to track and record additional costs brought about by the COVID-19 pandemic. The mechanism allows the utility to request approval of cost recovery through rates at a later time. The implementation of this tracking system provides a method…...
The Florida Public Service Commission on Aug. 18 approved Duke Energy Florida LLC’s plan to decommission the Crystal River Nuclear Plant by 2038. This ceasing of operations in the nuclear space comes 36 years earlier than initially planned, and is meant to protect Duke’s customers from potential financial, environmental, and regulatory risks. The Duke Energy…...
The U.S. Energy Department on Aug. 19 announced a plan to award $21 million to support artificial intelligence and machine learning research on fusion energy for a duration of three years. The awards are expected to improve operational efficiencies with automated data analysis workflows and real-time control algorithms at the Office of Science. The department…...
