Strong international demand, particularly in Asia, has provided relief for U.S. coal producers reeling from the effects of the shale revolution, which has led to national coal consumption declining every year since 2008, according to the Energy Information Administration. The agency reports that U.S. coal exports reached 116 million short tons (MMst) in 2018, the highest level…Details
The U.S. territory has passed the “Ley de Política Pública Energética de Puerto Rico” or Public Energy Policy Law of Puerto Rico on March 25, which among other energy reforms will set a 100 percent renewable portfolio standard by 2050. The measure, introduced by Senator Larry Seilhamer Rodríguez, a member of the New Progressive Party, and Senator Eduardo Bhatia…Details
Democratic Governor Ralph Northam signed legislation on March 21 that makes changes to the net energy metering program for customers of electric cooperatives. The bill allows cooperatives to raise the net metering cap to seven percent of the system peak, with an increase allocated among residential, nonresidential, and not-for-profit and non-jurisdictional customers. (HB 2547) The legislation increases…...
The U.S. Energy Department on March 22 announced the closing of up to $3.7 billion in additional loan guarantees to fund the construction of two units at the delayed Vogtle nuclear power plant in Georgia. The decision brings the department’s guarantee of loans to $12 billion, including up to $8.3 billion provided in 2014 and…Details