EnerKnol Research PU Visual Primer PJM Auction 2022 06 28 Blog preview

Visual Primer: PJM’s Capacity Auction Yields Lower Prices, Reflects Growth in Carbon-Free Resources

Climate Change and Emissions, coal, Energy Storage, EnerKnol Impact-Misc Categories, EnerKnol Impacts, EnerKnol Research Reports, EnerKnol Visual Primer, Grid Modernization, Integrated Resource Plans, Natural Gas, Power & Utilities, PRODUCTS, REC Feed, Solar, Wholesale Markets, Wholesale Power, Wind

PJM Interconnection LLC’s capacity market auction for the 2023-2024 delivery year cleared at $34.13 per megawatt-day (MW-day), which is nearly 32 percent lower compared to the 2021 auction and the lowest in almost a decade. The auction results reflect a low-carbon resource mix, with a growth of more than 5,000 cleared megawatts of carbon-free resources, according to the grid operator, which operates across 13 states and the District of Columbia.

Michigan Regulator Approves Energy Efficiency Programs for Low-Income Utility Customers

Michigan Commission Approves Consumers Energy’s Plan to Phase Out Coal-Fired Generation by 2025

Climate Change and Emissions, coal, Electric Transmission, Energy Efficiency, Energy Storage, EnerKnol Impact-Misc Categories, EnerKnol Impacts, EnerKnol Pulse, Integrated Resource Plans, Natural Gas, PRODUCTS, Solar

The Michigan Public Service Commission on June 23 approved a settlement agreement that allows Consumers Energy Co. to exit coal-fired generation by 2025 and add 8 gigawatts of solar energy to the grid. The settlement pertains to the company’s integrated resource plan, or IRP, which identifies the optimal mix of resources to serve customers over…...

New York Begins Process for Second Offshore Wind Solicitation to Procure At Least 1,000 Megawatts

U.S. Energy Department Joins Historic Federal-State Partnership to Advance Offshore Wind Deployment

Climate Change and Emissions, Electric Transmission, EnerKnol Impact-Misc Categories, EnerKnol Impacts, EnerKnol Pulse, PRODUCTS, Wind

The U.S. Energy Department on June 23 announced it will spearhead the development of an all-encompassing offshore wind supply chain action plan by participating in the Biden administration’s Federal-State Offshore Wind Implementation Partnership. The landmark partnership is a forum between the White House National Climate Advisor, the Secretaries of the Interior, Energy, Commerce, and Transportation,…...

Utility Power Shutoffs

California Commission Authorizes Pacific Gas and Electric’s Regionalization Plan

Electric Transmission, EnerKnol Impact-Misc Categories, EnerKnol Impacts, EnerKnol Pulse, Integrated Resource Plans, PRODUCTS

The California Public Utilities Commission on Jun. 23 approved Pacific Gas and Electric Company’s regionalization plan, in an enduring attempt to enhance the utility’s capability to meet their safety requirements. In May 2020, California regulators accepted the utility’s bankruptcy reorganization plan with provisions, including changes to the company’s governance arrangement, enhanced oversight, and formation of…...

PJM Auction Prices

PJM Capacity Prices Drop by 32 Percent

Climate Change and Emissions, coal, EnerKnol Impact-Misc Categories, EnerKnol Impacts, EnerKnol Pulse, Natural Gas, Nuclear, Solar, Wholesale Power, Wind

PJM Interconnection LLC’s capacity auction for the 2023/2024 delivery year cleared at $34.13 per megawatt-day, which is nearly 32 percent lower compared to the 2021 auction, according to the grid operator’s June 21 news release. The auction procured adequate resources to meet energy needs in PJM’s service area, which covers all or part of the…

Oil Gas Methane

Pennsylvania’s Gas Impact Fee Distribution Rose by $100 Million in 2021

EnerKnol Impact-Misc Categories, EnerKnol Impacts, EnerKnol Pulse, LNG, Natural Gas, PRODUCTS, Retail Power and Gas

The Pennsylvania Public Utility Commission on June 17 published complete details of their $234 million impact fees spendings in 2021 on natural gas producers. Till date, the commission has distributed $2.2 billion impact fees to Pennsylvania communities including this year’s distribution. The impact fee, also known as unconventional gas well fee, is paid by all…...

Puget Sound Energy, Avista Implement COVID-19 Bill Assistance Programs for Washington Customers

New York Low-income Households to Get Electric and Gas Bill Relief

EnerKnol Impact-Misc Categories, EnerKnol Impacts, EnerKnol Pulse, PRODUCTS, Retail Power and Gas

New York State Governor Kathy Hochul, on June 16, announced the approval of $567 million to help low-income households pay off accumulated utility bills incurred during the COVID-19 pandemic. More than 327,000 low-income customers will benefit from the electric and gas utility bills credit program. This financial assistance includes an estimated $557 million COVID-19 bill…...

Wildfire 16 9 2019

California Commission Proposes Fines for Inadequate Execution of Utilities’ 2020 Power Shutoff Events

Climate Change and Emissions, Electric Transmission, EnerKnol Impact-Misc Categories, EnerKnol Impacts, EnerKnol Pulse, PRODUCTS, Retail Power and Gas

The California Public Utilities Commission on June 15 allotted proposed orders enforcing curative actions and more than $22 million in fines to be paid by the shareholders of Pacific Gas and Electric Company (PG&E), Southern California Edison, and San Diego Gas & Electric for violations associated with their 2020 Public Safety Power Shutoff, or PSPS,…...

Michigan Regulator Asks DTE Electric to Submit Revised Resource Plan

FERC Examines Reforms to Expedite Grid Connection of New Projects

Climate Change and Emissions, Electric Transmission, Energy Efficiency, EnerKnol Impact-Misc Categories, EnerKnol Impacts, EnerKnol Pulse, Grid Modernization, PRODUCTS

The Federal Energy Regulatory Commission on June 16 announced a proposed rule to address backlogs in the interconnection queue that, if finalized, could accelerate grid interconnection processes. The increased demand for energy compels the commission to expedite and streamline the process of connecting electric generation facilities to the grid. More than 1.4 terawatts of generation…...

EnerKnol Research PU Visual Primer LNG 2022 06 21 Blog preview

Visual Primer: U.S. Liquefied Natural Gas Exports Rise Amid Demand From Europe

Climate Change and Emissions, EnerKnol Impact-Misc Categories, EnerKnol Impacts, EnerKnol Research Reports, EnerKnol Visual Primer, Fossil Fuels, Natural Gas, Natural Gas, PRODUCTS, REC Feed

The U.S. liquefied natural gas (LNG) sector is poised for more growth amid surging natural gas prices, growing export capacity, and high demand due to Europe's supply crisis. Currently, about 25 LNG projects are under construction or under different stages of planning across the country.

U.S. Interior Approves 465 Megawatts of Solar Projects in California

U.S. Interior Approves 465 Megawatts of Solar Projects in California

Climate Change and Emissions, Electric Transmission, EnerKnol Impacts, EnerKnol Pulse, PRODUCTS, Solar

The U.S. Department of the Interior issued the final endorsement and orchestrated solar projects in Arica and Victory Pass in the vicinity of Desert Center Eastern Riverside County. This project will add 465 megawatts of power in the national grid system along with 400 megawatt battery storage which will provide power to approximately 132,000 homes…...