Appalachian Power Company filed an application for a triennial review of its electric service rates, seeking an increase of $65 million in its annual revenue requirement, according to an April 13 notice from the Virginia State Corporation Commission. The change represents a five percent hike in overall revenues, and would raise residential rates by about…...
Democratic Governor Ralph Northam on April 11 signed into law the Virginia Clean Economy Act, which sets the state on the path to carbon-free power by 2050. The law replaces the voluntary renewable energy portfolio program with a mandatory standard, and paves the way for an enormous expansion of wind and solar power, and energy…...
The Michigan Public Service Commission on April 15 approved DTE Electric Co.’s revised integrated resource plan, which incorporates changes to address the shortcomings that the agency identified in the original plan. The company revised the rate impact analysis to reflect the selection of a single pathway instead of four possible scenarios and removed unapproved supply-side…...
The U.S. electric power sector will add 19.4 gigawatts of wind capacity and 12.6 gigawatts of utility-scale solar capacity in 2020, according to the Energy Information Administration’s Short-Term Energy Outlook issued on April 7. These annual wind and solar capacity additions are 5 percent and 10 percent lower, respectively, compared to the previous report. Renewable…...
