The Federal Energy Regulatory Commission on June 5 announced it will convene a technical conference next month to consider the ongoing impacts of the COVID-19 pandemic on various segments on the U.S. energy industry. The agency will analyse the potential longer-term impacts on regulated entities to ensure efficient functioning of energy markets, power transmission, oil…...
The Arkansas Public Service Commission on June 1 issued an order retaining the current net metering rate structure, which credits rooftop solar customers at retail rates for net excess generation, through the end of 2022. The commission decided that systems under 1 megawatt should receive the full 1:1 retail rate credit until Dec. 31, 2022…...
The 48th quarterly carbon auction of the Regional Greenhouse Gas Initiative, the nation’s first mandatory cap-and-trade program to cut power sector emissions, sold more than 16.3 million carbon allowances at a clearing price of $5.75. The auction generated about $93.9 million, bringing the total proceeds to nearly $3.6 billion. The clearing price was slightly higher…...
The New York State Board on Electric Generation Siting and the Environment on June 3 granted a permit, allowing Alle-Catt Wind Energy LLC, a subsidiary of Invenergy LLC, to construct a 340-megawatt wind generating facility in Allegany, Cattaraugus, and Wyoming counties. The $454 million facility, spanning about 30,000 acres, is expected to generate up to…...
