The twenty-fifth quarterly carbon auction held by California and Quebec sold all of the nearly 56.4 million carbon permits offered for current emissions at a price of $16.93 per allowance, above the floor price of $ 16.68, according to the results released on Nov. 24 by the California Air Resources Board. The auction also sold…...
The New York Public Service Commission on Nov. 19 established a three-year rate plan for New York State Electric & Gas Corporation and Rochester Gas and Electric Corporation, both subsidiaries of Avangrid Inc., starting from April 2020. The commission approved a combined first-year rate increase of $65million, which is about 70 percent lower than what…...
New York Governor Andrew Cuomo, a Democrat, on Nov 19 announced that Consolidated Edison Company of New York Inc. faces $25 million in penalties as well as possible license revocation for failure to respond to outages in July 2019 that left over 100,000 customers without power for two days. The potential penalty is in addition…...
The Minnesota Public Utilities Commission on Nov. 21 granted CenterPoint Energy’s request to offer renewable natural gas, or RNG, interconnection service. The approval establishes a process for producers to inject RNG into the company’s system and creates terms and conditions for the service, including proposed interconnection rates. CenterPoint said that the proposal responds to demand…
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