The Michigan Public Service Commission on Sept. 24 requested staff and stakeholders in its MI Power Grid initiative to recommend how utility resource planning requirements should be revised to reflect the new emissions reductions goals set by an executive order from Governor Gretchen Whitmer. The order, issued on Sept. 23, creates the MI Healthy Climate…...
New York Governor Andrew Cuomo, a Democrat, on Sept. 16 announced a draft regulatory framework to implement a recently-enacted law, which established the Office of Renewable Energy Permitting to expedite the siting and regulatory review of large-scale renewable energy facilities. The proposed framework is expected to dramatically speed up clean energy project development and help…...
The Pennsylvania Environmental Quality Board on Sept. 15 voted in favor of a proposed regulation that would allow the state to participate in the Regional Greenhouse Gas Initiative, or RGGI, a cooperative effort among 10 states to cap and reduce emissions from the power sector. Democratic Governor Tom Wolf applauded the move, which stems from…...
The Pennsylvania Senate on Sept. 9 voted in favor of a bill that would require legislative approval before the state can impose a carbon tax or join a multi-state carbon-trading program. The House of Representatives approved the legislation in July. The move comes ahead of a Sept. 15 meeting of the state’s Environmental Quality Board…
The Bureau of Land Management on Sept. 4 released its final environmental assessment for the Yellow Pine Solar Project, which would be located on about 3,000 acres of public land in Nevada. The review address two related applications. The first one consists of a 500-megawatt solar energy generation station and ancillary facilities including battery storage…...
The New York State Board on Electric Generation Siting and the Environment on Sept. 3 denied petitions seeking rehearing of the agency’s decision permitting Baron Winds LLC to construct a 242-megawatt wind energy project in Steuben County. Petitioners challenged the approval of amendments to the siting permit in May on grounds that the board did…...
The 49th quarterly carbon auction of the Regional Greenhouse Gas Initiative, the nation’s first market-based program to cut power sector emissions, sold nearly 16.2 million carbon allowances at a clearing price of $6.82, according to a Sept. 4 news release. The clearing price is the highest since the December 2015 auction, which cleared at $7.50.…
Proposals to accelerate the phase-out of coal-fired generation appear more prominently in long-term resource plans of U.S. electric utilities, reflecting the growing shift to renewable energy. The transition from coal continues to be driven by state clean energy mandates, emissions reduction goals, low natural gas prices, and increased availability of low-cost renewables and storage resources.
Duke Energy Carolinas LLC and Duke Energy Progress LLC on Sept. 1 unveiled their 15-year integrated resource plans for the Carolinas, presenting a range of scenarios with accelerated coal retirement options and substantial increases in solar, wind, and energy storage technologies. The proposal details six generation portfolios that would keep Duke Energy Corp. on a…...
The California Public Utilities Commission on Aug. 27 issued a decision providing guidelines on how regulated energy utilities should address vulnerabilities caused by climate change and engage with disadvantaged communities on adaptation measures. The decision ensures equitability by requiring utilities to minimize the climate-related impacts of infrastructure, operations, and service changes for the most vulnerable…...
There is a growing interest in how carbon pricing can be incorporated into wholesale power markets as more jurisdictions embrace policy goals to transition to a lower-carbon power system. The Federal Energy Regulatory Commission has scheduled a technical conference to consider state adoption of mechanisms to price carbon emissions in regions with commission-jurisdictional electricity markets.
The twenty-fourth quarterly carbon auction held by California and Quebec sold nearly 89 percent of the carbon permits offered for current emissions, rebounding from a dip in the previous auction which sold only 37 percent, according to the results released on Aug. 25 by the California Air Resources Board. The auction generated about $474.4 million…...