The U.S. Environmental Protection Agency on June 1 issued a final rule specifying the timeframe for states to review water quality requirements for infrastructure projects under a section of the Clean Water Act. The rule requires states or authorized tribes to take final action within one year of a certification request. The agency also clarified…...
The Federal Energy Regulatory Commission on June 5 announced it will convene a technical conference next month to consider the ongoing impacts of the COVID-19 pandemic on various segments on the U.S. energy industry. The agency will analyse the potential longer-term impacts on regulated entities to ensure efficient functioning of energy markets, power transmission, oil…...
The 48th quarterly carbon auction of the Regional Greenhouse Gas Initiative, the nation’s first mandatory cap-and-trade program to cut power sector emissions, sold more than 16.3 million carbon allowances at a clearing price of $5.75. The auction generated about $93.9 million, bringing the total proceeds to nearly $3.6 billion. The clearing price was slightly higher…...
U.S. biomass-based diesel imports increased by 26 percent in 2019 to more than 27,000 barrels per day after three consecutive years of decline, according to a June 2 report from the U.S. Energy Information Administration. Production of biomass-based diesel, which refers to biodiesel and renewable diesel, is largely driven by federal and state policies as…...
The Connecticut Public Utilities Regulatory Authority extended the start date for delivery of renewable energy credits, or RECs, from low and zero emission facilities under the state’s LREC/ZREC program to provide flexibility for projects that may be facing delivery delays due to the COVID 19 pandemic, according to a June 1 press release. The agency…...
U.S. natural gas consumption is expected to fall by 3.4 billion cubic feet per day led by a decline in industrial consumption, according to a May 26 report from the U.S. Energy Information Administration. The agency attributed the decrease to the economic slowdown caused by the COVID-19 pandemic and to milder temperatures in the first…...
U.S. annual energy consumption from renewables reached 11.5 quadrillion British thermal units in 2019, surpassing coal for the first time since before 1885, according to a May 28 report from the U.S. Energy Information Administration. The agency pointed to the growth of renewable energy, especially wind and solar energy, for electricity generation amid the continued…...
U.S. active crude oil and natural gas rigs dropped to their lowest number in over three decades, according to a May 20 report from the U.S. Energy Information Administration. The number of rigs declined sharply to 339 on May 12, a 56 percent decline since March 17, due to an unprecedented drop in petroleum demand…...
The Regulatory Commission of Alaska on May 18 opened a proceeding to establish certification standards for regional electric reliability organizations, or EROs, and create a regulatory framework to oversee them. The move stems from legislation enacted in March that authorized the commission to certify EROs and define their duties including submission of integrated resource plans,…...
