New England Grid Operator Proposes Market-Based Solution to Energy Security Challenges

EnerKnol’s Visual Primer – New England Grid Operator Proposes Market-Based Solution to Energy Security Challenges

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The New England grid operator has proposed a long-term, market-based solution to the region’s energy security problem as the power generation fleet moves towards a mix of energy-limited resources. With the retirement of resources with stored fuel, the system is increasingly reliant on facilities that run on just-in-time natural gas deliveries and weather-dependent wind and solar energy. To address the ensuing challenge, the grid operator proposes to improve the current market structure by creating incentives for the region’s fleet to invest in the energy supply arrangements and technologies on which the region depends.

Blog preNew Jersey Plans to Invest $80 Million Annually From Carbon Auction Proceeds in Emissions Reduction Programsview 2020 03 24 1

New Jersey Plans to Invest $80 Million Annually From Carbon Auction Proceeds in Emissions Reduction Programs

Carbon Market, Climate Change and Emissions, EnerKnol Impact-Misc Categories, EnerKnol Pulse, REC Feed

The New Jersey Department of Environmental Protection, Board of Public Utilities, and Economic Development Authority on April 17 released a three-year plan to invest the proceeds from the carbon auctions held under the Regional Greenhouse Gas Initiative, or RGGI. The state plans to invest an estimated $80 million each year in clean energy and climate…

IPL Wins Indiana Approval to Implement $1.2 Billion Grid Modernization Plan

Tri-State Seeks FERC Approval of Delta Montrose Withdrawal Deal

EnerKnol Impact-Misc Categories, EnerKnol Pulse, Mergers and Acquisitions, PRODUCTS, Wholesale Power

Tri-State Generation and Transmission Association Inc., a wholesale generation and transmission cooperative, on April 16 asked the Federal Energy Regulatory Commission to authorize the transfer of electric service contracts as part of a 2019 agreement under which Delta-Montrose will withdraw membership from Tri-State. The transaction allows Tri-State to assign its wholesale electric service contracts with…...

U.S. EPA Reverses Finding That Formed Basis for Obama-Era Power Plant Mercury Rules

U.S. Energy Department Announces $130 Million for Carbon Capture Technologies to Reduce Industrial Emissions

Climate Change and Emissions, EnerKnol Impact-Misc Categories, EnerKnol Pulse, PRODUCTS, REC Feed

The U.S. Energy Department on April 24 announced $46 million funding for cost-shared research and development projects that capture and store carbon dioxide emissions from industrial sources. The department also selected five projects to receive $85 million under a previously announced funding opportunity to accelerate wide-scale deployment of these technologies. While carbon capture, utilization, and…...

California's Climate Investment Reached $2 Billion in 2019

California’s Climate Investment Reached $2 Billion in 2019: CARB

Carbon Market, Climate Change and Emissions, EnerKnol Impact-Misc Categories, EnerKnol Pulse, PRODUCTS, REC Feed

California’s Climate Investments initiative funded nearly $2 billion in clean air and low-carbon projects implemented statewide in 2019, according to an April 22 press release from the Air Resource Board. Last year marked the program’s single largest annual investment in the state’s priority populations, with more than $1 billion of new projects benefiting disadvantaged and…...

U.S. Court Issues Another Halt to Construction of $3-Billion Mountain Valley Natural Gas Pipeline

Michigan Commission to Decide on Siting Authority for Enbridge’s Line 5 Pipeline Segment

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The Michigan Public Service Commission deferred action on Enbridge Energy LP’s application seeking approval for the replacement of a pipeline segment under the Straits of Mackinac while it considers whether new siting authority is required to build the portion, according to an April 22 news release. Enbridge sought a declaratory ruling that it already has…...

U.S. Interior Department Issues Draft Review for Wyoming’s Carbon Dioxide Pipeline Initiative

U.S. Interior Department Issues Draft Review for Wyoming’s Carbon Dioxide Pipeline Initiative

Climate Change and Emissions, EnerKnol Impact-Misc Categories, EnerKnol Pulse, Oil, PRODUCTS

The Bureau of Land Management on April 17 released a draft environmental assessment of the Wyoming Pipeline Corridor Initiative, which seeks to designate nearly 2,000 miles of pipeline corridor network for projects associated with carbon capture, utilization and storage, as well enhanced oil recovery. The initiative, proposed by the State of Wyoming, encompasses pipeline corridors…...

U.S. EPA Reverses Finding That Formed Basis for Obama-Era Power Plant Mercury Rules

U.S. EPA Reverses Finding That Formed Basis for Obama-Era Power Plant Mercury Rules

coal, EnerKnol Impact-Misc Categories, EnerKnol Impacts, EnerKnol Pulse, Natural Gas, Oil, PRODUCTS

The U.S. Environmental Protection Agency on April 16 issued a final rule concluding that it is not appropriate and necessary to regulate hazardous air pollutant emissions from coal- and oil-fired power plants, rescinding a 2016 supplemental cost finding that formed the basis for the Mercury and Air Toxics Standards, or MATS. The agency said that…...

U.S. Energy Department Announces Sale of Up To 12 Million Barrels of Crude From Strategic Petroleum Reserve

U.S. Energy Department Negotiates Contracts to Store Surplus Crude Amid Falling Demand

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The U.S. Energy Department is negotiating contract awards with nine U.S. companies to store about 23 million barrels of crude oil in the Strategic Petroleum Reserve, or SPR, according to an April 16 news release. This act aims to relieve oil producer’s stress in dealing with excess production under the combined effects of COVID-19 pandemic…...

renewables

Virginia Governor Signs Legislation Requiring Transition to Carbon-Free Power by 2050

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Democratic Governor Ralph Northam on April 11 signed into law the Virginia Clean Economy Act, which sets the state on the path to carbon-free power by 2050. The law replaces the voluntary renewable energy portfolio program with a mandatory standard, and paves the way for an enormous expansion of wind and solar power, and energy…...

EIA Lowers U.S. Wind, Solar Projections for 2020 Amid COVID-19 Economic Slowdown

EIA Lowers U.S. Wind, Solar Projections for 2020 Amid COVID-19 Economic Slowdown

coal, EnerKnol Impact-Misc Categories, EnerKnol Impacts, EnerKnol Pulse, Natural Gas, PRODUCTS, REC Feed, Solar, Wind

The U.S. electric power sector will add 19.4 gigawatts of wind capacity and 12.6 gigawatts of utility-scale solar capacity in 2020, according to the Energy Information Administration’s Short-Term Energy Outlook issued on April 7. These annual wind and solar capacity additions are 5 percent and 10 percent lower, respectively, compared to the previous report. Renewable…...

U.S. Energy Department Explores Use of Storage Technologies to Enhance Performance of Fossil-Fueled Power Plants

U.S. Energy Department Explores Use of Storage Technologies to Enhance Performance of Fossil-Fueled Power Plants

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The U.S. Energy Department plans to announce a funding opportunity for energy storage technologies that can improve the performance, reliability, and flexibility of fossil-fueled power generating facilities, according to an April 7 news release. The department expects co-location of energy storage with fossil energy assets to enable multiple benefits, including more reliable and affordable energy supply,…...