Tucson Electric Power Company entered into an agreement to join the Western Energy Imbalance Market from April 2022, according to a May 8 news release from the California Independent System Operator Corporation. Tucson estimates the participation to result in about $13 million in annual energy cost savings for its customers by expanding real-time access to…
The Electric Reliability Council of Texas on May 8 released its seasonal assessment report for the upcoming summer, which forecasts a peak demand of about 74,850 megawatts, which is 1,300 megawatts higher than the all-time record set last July. The grid operator identified a potential need for an energy emergency alert status, in order to…
Democratic Governor Katherine Brown signed legislation on May 6 which clarifies that renewable energy certificates may be issued for the generation of thermal energy at a facility that generates electricity using biomass, subject to the same requirements as all other certificates. The legislation, introduced at the governor’s request, account for the fact that some biomass…
More than half of U.S. states with competitive retail energy markets face proposals for stricter oversight rules from lawmakers, including measures to phase out the industry altogether, as efforts mount to put in place more consumer protections. Just five months into most states’ legislative sessions, over two dozen proposals have emerged to toughen rules around billing and marketing practices, licensing and registration and contractual terms.
The California Public Utilities Commission approved a preferred system portfolio that calls for 12 gigawatts of new renewables and storage by 2030, including 1.7 gigawatts of geothermal, according to a May 1 decision. The agency said that geothermal is valuable for balancing the intermittency of wind and solar resources. The plan will require “concrete procurement…
The Federal Energy Regulatory Commission on May 1 denied Pacific Gas and Electric Company’s requests for rehearing of the agency’s order asserting concurrent jurisdiction with bankruptcy courts over wholesale contracts that the utility may seek to reject through its Chapter 11 filing. While FERC’s role in evaluating rates and terms of power contracts is to protect…
The Federal Energy Regulatory Commission found that the construction of Venture Global LNG Inc.’s Plaquemines LNG, a natural gas liquefaction and export terminal in Louisiana, and the associated pipeline projects would result in some adverse environmental impacts, which would be reduced to less-than-significant levels, according to a May 3 notice. The Plaquemines terminal consists of…
The U.S. has been a net exporter of natural gas for over a year, with exports reaching 4.6 billion cubic feet per day in February, the thirteenth consecutive month in which exports exceeded imports, according to a May 2 report from the U.S. Energy Information Administration. While liquefied natural gas shipments have grown in recent…
The Colorado Public Utilities Commission announced that electric and gas customers will receive about $168 million in refunds, reflecting savings from the federal tax cut law, which slashed the corporate income tax rate to 21 percent from 35 percent, effective Jan. 1, 2018, according to a May 3 press release. Customers will receive benefits in…
The Virginia State Corporation Commission approved Dominion Energy Inc. to implement ten energy efficiency programs and one demand response initiative for a five-year period starting July 1, 2019, according to a May 2 press release. The Grid Transformation and Security Act, enacted last year, directed the company to develop energy efficiency measures of up to…
The Michigan Public Service Commission on May 2 approved a rate increase of about $273 million for DTE Electric Co., over 40 percent less than the company’s request. The agency rejected the company’s proposed method to determine payments for customers with distributed renewable generation, as well as its proposed system access charge, finding that it…
Democratic Governor Jay Inslee signed legislation on April 30 setting forth requirements that Washington’s electric utilities must accomplish in their distributed energy resources planning processes. The move comes on the heels of a measure approved by the legislature last month requiring the state’s electricity supply to be carbon-neutral by 2030 and 100 percent carbon-free by…