Sport prices for natural gas are projected to average $2.37 per million British thermal units from June to August this year, the lowest summer average since 1998, according to a July 18 report from the U.S. Energy Information Administration. A relatively mild weather at the start of the summer led to lower than expected gas-fired…
DetailsDemocratic Governor Andrew Cuomo on July 18 announced the selection of two projects totaling 1.7 gigawatts in New York’s first comprehensive offshore wind solicitation. Cuomo also signed legislation, which requires a carbon-neutral power system by 2040 and codifies the state’s targets of 6 gigawatts of solar by 2025, 3 gigawatts of energy storage by 2030,…
DetailsThe Ohio state Senate approved legislation on July 17 that would require electric customers to pay new monthly surcharges from 2021 through 2027, raising $150 million per year to subsidize FirstEnergy Solutions Corp.’s ailing nuclear plants. The revised version of the bill, which passed the House in May, would scale back the state’s renewable portfolio…
DetailsThe Georgia Public Service Commission on July 16 approved Georgia Power’s integrated resource plan, allowing the company to invest in 80 megawatts of battery storage and increase its renewable generation by 72 percent over the next five years. The IRP calls for 2,260 megawatts of new renewables, increasing the capacity to 5,390 megawatts by 2024…
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