The U.S. Senate approval of President Biden's three nominees to serve on the Federal Energy Regulatory Commission (FERC) brings the agency to its full complement of five commissioners. The move comes as FERC is considering key issues including those pertaining to electric reliability and transmission rules, liquefied natural gas export projects, natural gas pipelines, and energy markets.
New York Governor Kathy Hochul has launched the eighth annual round of solicitation for large-scale renewable energy projects in the state. Expanding on New York’s 10-Point Action Plan, the new projects will advance the state’s goal of generating 70 percent of its electricity from renewables by 2030. The solicitations will be managed by the New…...
The U.S. Senate last week approved President Biden’s three nominees to serve on the Federal Energy Regulatory Commission (FERC) bringing the agency to its full complement of five commissioners. Industry and clean energy groups welcomed the move saying that a fully staffed commission is crucial to address challenges posed by an aging electric grid, the…...
The utilization of coal in the electricity generation mix in the PJM Interconnection region has declined over the last 10 years, due largely to higher relative fuel costs, according to a June 17 report published by the U.S. Energy Information. Competitive pressure from other energy sources, particularly natural gas has led to lower coal utilization…...
Regulatory developments are shaping the trajectory of carbon markets amid mixed outcomes in recent allowance auctions. California, Quebec, and Washington are considering a shared carbon market highlighting the importance of collaborative efforts to tackle…Read the full report …...
Regulatory developments are shaping the trajectory of carbon markets amid mixed outcomes in recent allowance auctions. California, Quebec, and Washington are considering a shared carbon market highlighting the importance of collaborative efforts to tackle climate change, while Pennsylvania lawmakers have proposed a state-specific cap-and-invest program.
The New York State Energy Research and Development Authority announced two agreements to explore the potential renewable energy development on underutilized sites in the Southern Tier and Western New York through its Build Ready program. The first site is in the area surrounding Ithaca Tompkins International Airport and the second site is the Witmer Road…...
Monthly residential electric bills this summer (June through August) are projected to average $173 in the U.S., marginally higher than last summer’s average of $168, according to a June 13 report published by the U.S. Energy Information Administration. The agency projects increased electricity usage this summer due to the expectation of higher temperatures this summer…....
The Maryland Public Service Commission has approved a rate increase of $44.6 million for Potomac Electric Power Company (Pepco), which translates to an estimated electric bill increase of $5.72 per month for the average residential customer. The commission approved a significantly lower amount than the company’s initial request and authorized rate changes for only one…...
Tensions in the Middle East have led to trade disruptions through the Red Sea and increased crude oil and oil product flows around the Cape of Good Hope, which is located at the southern tip of Africa, according to a June 11 report published by the U.S. Energy Information. The quantity of crude oil and…...