The twentieth quarterly carbon auction held by California and Quebec sold all of the nearly 66.3 million carbon permits offered for current emissions at a price of $17.16 per credit, above the floor price of $15.62, according to the results released on Aug. 27 by the California Air Resources Board. This is slightly below the…
Since distributed-level solar generation just started to proliferate across the U.S. a decade ago, as many as 21 states are now reexamining or revamping policies for compensating the power source, upsetting the status quo and deepening a divide among states for and against the incentives.
The Hawaiian Electric Companies issued requests for proposals for about 900 megawatts of new renewable generation capable of delivering nearly 2 million megawatt-hours each year, according to an Aug. 22 news release. The solicitation marks the island’s largest effort to procure renewable energy to replace coal and reduce the dependence on imported oil for power…
Customer-side solar has grown to provide over 4 gigawatts of electricity while grid-connected installations supply more than 1.5 gigawatts, from virtually no solar on the PJM grid a decade ago, according to an Aug. 22 report from the system operator. Solar generation represents a tiny fraction of the 180 gigawatts of capacity committed to serve…
The Tennessee Valley Authority board of directors on Aug. 22 approved the utility’s integrated resource plan, which calls for a continued reduction in its carbon footprint partly through the addition of up to 14 gigawatts of solar capacity by 2038. The resource plan, unveiled in June, updates TVA’s 2015 IRP in response to continuing changes…
The U.S. Court of Appeals for the District of Columbia Circuit on Aug. 23 dismissed claims from industry groups that the Obama administration failed to provide a reasoned explanation for setting more stringent ozone standards in 2015. While upholding the primary standard that protects public health, the court directed the U.S. Environmental Protection Agency to…
The U.S. Energy Department issued a notice of sale of crude oil from the Strategic Petroleum Reserve, or SPR, to fulfill the requirements of the Bipartisan Budget Act of 2015 and the Consolidated Appropriations Act of 2018, according to an Aug. 21 news release. The sale will be conducted with crude oil from three sites…
The New Jersey Board of Public Utilities on Aug. 22 proposed a transition incentive program as part of its process to close the current Solar Renewable Energy Certificate, or SREC, program and design a successor mechanism. The proposal seeks to bridge the gap between the legacy and successor programs as the state phases out the…
The U.S. Interior Department announced that its Gulf of Mexico oil and gas lease sale held on Aug. 21 generated $159.4 million in high bids for 151 tracts covering about 835,000 acres, down from the previous sale, which drew about $244.3 million. The region-wide lease sale offered 77.8 million acres, including all available unleased areas…
The Maine Public Utilities Commission launched a proceeding to implement amendments to its net energy billing rule, following legislation enacted in June that broadened access to the program, including expanding the capacity of eligible facilities to 5 megawatts, up from the previous 660 kilowatts, according to an Aug. 21 notice. The law expands the customer…
The Michigan Public Service Commission approved DTE Gas Co.’s third round of federal tax cut refunds that will return a total of $333 million, or $12.7 million annually, to customers, according to an Aug. 20 news release. The commission established a three-step process to address the short- and long-term impacts of the federal tax law, which…
The North Carolina Department of Environmental Quality on Aug. 16 unveiled a draft Clean Energy Plan outlining policy and action recommendations for the state to transition to carbon-free electricity by 2050, starting with a 60 to 70 percent reduction from 2005 levels by 2030. An executive order issued last year by Democratic Governor Roy Cooper…
