The member states of the Regional Greenhouse Gas Initiative, or RGGI, on March 15 announced the third adjustment for banked allowances held by market participants for the five-year period from 2021-2025. The adjustment is a reduction in the number of carbon allowances that is being sold over the period. The amount of the reduction is…...
The California Public Utilities Commission on March 5 released a proposal detailing utility programs to manage energy supply during peak hours so as to ensure reliability in the event of extreme heat in the summers of 2021 and 2022. The proposal is the latest in a series of actions under a proceeding that was opened…...
The U.S. Interior Department on March 8 announced the completion of its environmental analysis of Vineyard Wind LLC’s proposed 800-megawatt wind project offshore Massachusetts. Conclusion of the final review marks a key milestone for the project, which is expected to be the nation’s first large-scale offshore wind farm. In January, U.S. President Joe Biden signed…...
The Federal Energy Regulatory Commission on March 5 announced that it will hold a technical conference in June to discuss the threat posed by climate change and extreme weather events on electric system reliability. The agency announced a proceeding to examine the issue following prolonged power outages across Texas and the south-central U.S. during the…...
