The 46th quarterly carbon auction of the Regional Greenhouse Gas Initiative, the nation’s first mandatory cap-and-trade program to cut power sector emissions, resulted in a price of $5.61 per short ton for the 13.1 million tons of carbon allowances sold. The clearing price was almost the same as the June 2019 price, which was the…
DetailsSouthwest Power Pool Inc., the grid operator for 14 states in the central U.S., launched a new roadmap process to improve the way in which the grid operator and its stakeholders collaborate on proposed changes to its day-ahead and real-time electric markets, according to a Dec. 11 news release. The process adds more transparency, giving…
DetailsRepublican Governor Christopher Sununu signed an executive order on Dec. 3, establishing four advisory boards to inform the state’s next steps for offshore wind energy development. The order also calls for a study on the emissions reduction potential of offshore wind in the Gulf of Maine, as well as the state’s existing port and coastal…
DetailsThe New York State Department of Public Service issued a report that recommends improvements to residential net metering to support continued growth of the state’s solar industry while ensuring fairness for all ratepayers by enhancing the accuracy of price signals and lowering the subsidies that are not directly tied to environmental values, according to a…
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