Year-over-year increases in U.S. proved reserves resulted in record-high levels of crude oil and lease condensate, up 12 percent, and natural gas up 9 percent in 2018, according to the U.S. Energy Information Administration’s U.S. Crude Oil and Natural Gas Proved Reserves, Year-End 2018 report. Strong oil and natural gas prices in 2018 drove the increase in…
DetailsThe Public Service Commission of Maryland has issued its annual report on the implementation of the Maryland Renewable Energy Portfolio Standard with data for calendar year 2018. According to the report, published on Dec. 10, Maryland RPS obligations were almost entirely fulfilled through the submission of the appropriate level of Tier 1 and Tier 2 Renewable Energy Credits…
DetailsThe New York State Public Service Commission has announced reforms to the retail energy market to strengthen customer protections and to enhance price and operational transparency, according to a Dec. 12 press release. The resetting of the retail energy market in New York will impact the day-to-day business of energy service companies, or ESCOs, doing business…
DetailsThe New York Public Service Commission adopted a measure to consolidate the utility bills of Community Distributed Generation (CDG) customers in a bid to reduce operational costs and broaden access to the technology, according to a Dec.12 press release. CDG systems, such as community solar, offer customers that prefer not to install solar directly on their property,…
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