PJM Interconnection on Dec. 17 announced the results of its 2027/2028 capacity auction, which cleared at a record high price and highlighted growing concerns that electricity demand is rising faster than new generation is being added across the region. The grid operator procured 134,479 megawatts of accredited generation and demand response capacity through the centralized…...
The New York State Energy Planning Board on Dec. 16 voted unanimously to approve a new State Energy Plan, establishing a long-term framework to guide energy-related decision making through 2040 while balancing affordability, reliability, economic growth, and emissions reduction. The plan is grounded in more than a year of analysis examining New York’s current energy…...
New York Governor Kathy Hochul on Dec. 15 announced the award of more than $23 million to 24 projects through the NextGen Buildings Innovation Challenges program, a state initiative designed to advance high impact building technologies and address persistent barriers to building decarbonization. The funding supports solutions that improve energy efficiency, reduce energy demand, and…...
U.S. carbon markets are closing out the year with record prices and strong auction demand, reflecting the growing maturity of…Read the full report …...
