The UK’s Office of Gas and Electricity Markets on July 30 initiated a broad review into how costs are allocated across the energy system, aiming to assess the fairness and efficiency of existing pricing structures for consumers. The effort, titled the Cost Allocation and Recovery Review, will examine the full spectrum of energy system costs,…...
The U.S. Environmental Protection Agency on July 29 unveiled a proposal to rescind the 2009 endangerment finding, a legal foundation that has enabled federal regulation of greenhouse gas emissions from vehicles for over a decade. Announced by EPA Administrator Lee Zeldin, the proposal seeks to eliminate the statutory basis for more than $1 trillion in…...
New York Governor Kathy Hochul on July 28 announced the launch of the state’s first Bulk Energy Storage Request for Proposals, aiming to procure one gigawatt of storage capacity as part of the state’s broader goal to deploy six gigawatts of energy storage by 2030. Administered by the New York State Energy Research and Development…...
PJM Interconnection LLC’s capacity market auction for the 2026/2027 delivery year cleared at $329.17 per megawatt-day (MW-day), nearly 22 percent higher than the clearing price in the previous auction. The clearing price hit the cap recently approved by the Federal Energy Regulatory Commission (FERC) to…Read the full report…...
PJM Interconnection LLC's capacity market auction for the 2026/2027 delivery year cleared at $329.17 per megawatt-day (MW-day), nearly 22 percent higher than the clearing price in the previous auction. The clearing price hit the cap recently approved by the Federal Energy Regulatory Commission (FERC) to bring stability to the market after last year’s unprecedented ninefold price surge.
The Western Energy Markets Governing Body on July 23 has taken a significant step under the California Independent System Operator’s new independent governance framework by voting to preserve a key grid reliability tool, Assistance Energy Transfers, or AET, within the Western Energy Imbalance Market. The mechanism, introduced in 2023, allows balancing authorities to receive emergency…...
PJM Interconnection LLC’s capacity market auction for the 2026/2027 delivery year cleared at a record-high price of $329.17 per megawatt-day (MW-day), about 22 percent higher than last year’s auction, according to the results announced on July 22. The clearing price hit the price cap approved by the Federal Energy Regulatory Commission following a ninefold increase…...
U.S. President Donald Trump on July 4 signed the One Big Beautiful Bill Act, a sweeping reconciliation measure that fundamentally reshapes federal energy policy. The law dramatically shrinks the…Read the full report …...
U.S. President Donald Trump on July 4 signed the One Big Beautiful Bill Act, a sweeping reconciliation measure that fundamentally reshapes federal energy policy. The law dramatically shrinks the window for wind and solar projects to qualify for federal tax credits, and expands fossil fuel development on federal lands, reshaping the outlook for energy transition investments across the U.S.
The New York State Public Service Commission on July 17 directed Central Hudson Gas & Electric Corporation to implement new measures over the next three years to reduce natural gas usage in its service territory. The order, issued as part of the utility’s final long-term gas plan, requires the company to develop pilot demand response…...
