The U.S. Interior Department’s Bureau of Land Management on Nov. 21 issued a draft environmental review for a new integrated activity plan for the 23-million acre National Petroleum Reserve-Alaska. The proposal includes an alternative that would open as much as 18.3 million acres, or about 80 percent of the reserve, to oil and gas development,…
DetailsU.S. House Representative Donald McEachin, a Democrat representing Virginia, introduced legislation on Nov. 21 that would set a nationwide goal of achieving a 100 percent clean energy economy by 2050. The bill, which has over 150 co-sponsors, calls on federal agencies to use their existing authorities to reach the net-zero carbon goal while remaining technology-neutral. The…
DetailsStaff members of the Washington Utilities and Transportation Commission have reached a partial settlement with Avista on the company’s request to hike electric and natural gas rates for its customers, according to a Nov. 21 press release. The proposed settlement lays out an agreement that recovers in rates the remaining costs associated with Avista’s partial…
DetailsThe Federal Energy Regulatory Commission on Nov. 21 established a new method to determine the return on equity, or ROE, for setting jurisdictional rates charged by public utilities. The agency applied the new process in complaint proceedings against the transmission owners of Midcontinent Independent System Operator, concluding that their existing 12.38 percent ROE was unjust…
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