The Electric Reliability Council of Texas Inc. expects more than 82,400 megawatts of resource capacity to be available to meet the projected peak demand of 76,696 megawatts for the upcoming summer season from June through September, according to a March 5 announcement. The preliminary summer assessment anticipates record electric use this summer, with grid operations…
DetailsDemocratic Governor Michelle Grisham signed a suite of bills on March 3 including legislation that reinstates the solar tax incentive that expired in 2016, helping the state move toward its goal achieving 50 percent renewable energy 2030. A second bill provides that transmission line projects qualify for industrial revenue bonds available through cities and municipalities,…...
The U.S. Energy Department on Feb. 28 issued a notice of sale of crude oil from three Strategic Petroleum Reserve, or SPR, sites – Bryan Mound and Big Hill in Texas, and West Hackberry in Louisiana. In fiscal year 2020, the Energy Secretary is authorized to sell up to $450 million worth of oil from…...
The Michigan Public Service Commission authorized rate increases totaling $417.5 million in five electric and natural gas rate cases last year, $245.5 million less than what the utilities requested, according to the agency’s annual report issued on March 2. The increases were driven largely by investments needed to replace aging infrastructure to improve safety and…
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