Efforts to preserve and expand the U.S. nuclear fleet are figuring more prominently across the U.S., spurred by the growing demand for emission-free energy. In particular, policy actions and initiatives are geared towards making nuclear power more competitive.
The NARUC Center for Partnerships & Innovation (CPI) will hold an Innovation Webinar: Green Bank: Financing a Reliable Future, on December 15, 2022, from 3:00 p.m. to 4:00 p.m. ET. The NARUC Center for Partnerships & Innovation (CPI) hosts an Innovation Webinar on an emerging issue in electricity regulation every month. These educational webinars are…...
The North Sea Transition Authority on Nov. 22 announced a new cost efficiency target for redundant oil and gas infrastructure. The authority is reducing the total projection for decommissioning redundant platforms, wells, and pipelines by an extra 10 percent, from £37 billion to £33.3 billion, between 2023 and the end of 2028. The 10 percent…...
The U.S. Energy Department on Nov. 22 announced a new funding opportunity worth $550 million through the Energy Efficiency and Conservation Block Grant, or EECBG, program that will reinforce community-based clean energy projects across the country to support local government and the deployment of clean energy technologies. The funding sponsored by the 2021 Infrastructure Investment…...
The Michigan Public Service Commission on Nov. 18 authorized DTE Electric Company to increase its rates by $30.557 million effective Nov.25. Earlier in January 2022, the company filed an application pursuing a $388 million rate increase to recoup increased investments in its production and distribution system to enhance reliable service to its 2.3 million consumers…...
Ambitious federal goals and initiatives to boost offshore wind power generation, coupled with state commitments, are opening new frontiers for the industry. Recent developments reflect the growing emphasis on transmission infrastructure upgrades and regional planning required to make these goals a reality.
The U.S. Energy Department on Nov. 18 announced $13 billion in new funding opportunities for the growth and modernization of the U.S. power grid. The Grid Resilience Innovative Partnership, or GRIP, program and the Transmission Facilitation Program, funded by the 2021 Infrastructure Investment and Jobs Act, collectively represent the largest federal direct investment in infrastructure…...
U.S. heating oil prices were 65 percent higher during October 2022, compared to October 2021, according to a Nov. 17 report from the U.S. Energy Information Administration. Moreover, residential heating oil prices increased to a yearly record of $5.90 per gallon on Nov. 7, 2022, due to a combination of tight storage inventories, low imports,…...
The Energy Bar Association (EBA) will present their 2022 Electricity Steering Committee Energizer, Hydrogen Sector, on Tuesday, December 06, 2022. The event will take place at 4:30 PM – 6:30 PM (UTC-05:00) Eastern Time (US & Canada), at 1111 Pennsylvania Ave. NW, Washington, DC 20004-2541. EBA’s Electricity Steering Committee will host this 1-hour energizer event…...
Michigan’s distributed energy program experienced a 37 percent surge in participation in 2021 with 14,262 customers and 14,446 installations, according to the Michigan Public Service Commission’s annual Distributed Generation report. In this program, the customers generate their own electricity to reduce their electricity bill and reduce their dependence on the utility companies. Generation capacity from…...
