The enactment of the Infrastructure Investment and Jobs Act (IIJA) in 2021, also known as the Bipartisan Infrastructure Law, and the Inflation Reduction Act (IRA) in 2022, has unleashed billions in federal funding for theenergy sector. These include…Read the full report …...
NARUC Staff Subcommittee on Accounting and Finance – Webinar on Alternative Ratemaking Join the National Association of Regulatory Utility Commissioners (NARUC) Staff Subcommittee on Accounting and Finance webinar on alternative ratemaking scheduled on August 9. This webinar is to aid participants in acquiring and understanding knowledge relevant to alternative rate regulation being proposed, evaluated, and…...
The Minnesota Public Utilities Commission has accepted integrated distribution plans, or IDPs, filed by Xcel Energy, Minnesota Power, Dakota Electric Association and Otter Tail Power. The IDPs examine the utilities’ current and future distribution projects and expenditure for their systems. The acceptance of the plans ensures the utilities are planning for the reliability, safety, security…...
The enactment of the Infrastructure Investment and Jobs Act (IIJA) in 2021, also known as the Bipartisan Infrastructure Law, and the Inflation Reduction Act (IRA) in 2022, has unleashed billions in federal funding for the
energy sector. These include infrastructure improvements, clean energy deployment, transportation electrification, grid reliability, energy efficiency, and cyber security. Regulators across U.S. states have opened dockets requesting reports on utility actions or initiated proceedings to gather comments on utility opportunities.
U.S. energy consumption declined one percent year-on-year during 2023 to 94 quadrillion British thermal units (quads), according to a July 3 report published by the U.S. Energy Information Administration. Fossil fuels, which consist of coal, natural gas and petroleum accounted for around 83 percent of total U.S. energy consumption. Non fossil fuels, which consist of…...
Average weekly U.S. gasoline prices have lost 19 cents per gallon (gal) in value since the 2024 high recorded on April 22 to $3.48/gal on July 1, according to a July 2 report published by the U.S. Energy Information Administration. The price decline can be attributed to rising gasoline stocks, relatively subdued demand and comparatively…...
The Bureau of Ocean Energy Management on July 1 issued its final approval for the construction and operation of Avangrid’s New England Wind 1 and 2 projects. The two projects would have a total capacity of 2.6 gigawatts (GW) and have the potential to power over 900,000 households every year. The approval follows the bureau’s…...
Electricity demand increased in the eastern and midwestern region of the U.S due to a heatwave, according to a July 1 report published by the U.S. Energy Information Administration. Demand across the Eastern interconnection hit a high of 502,670 megawatts (MW) during a single hour on June 21, in comparison to an hourly June peak…...
Advanced nuclear solutions are garnering broad support with a slate of initiatives including funding research, developing regulatory frameworks, and planning or constructing advanced reactors. The ability of nuclear energy to produce carbon-free power is increasingly considered…Read the full report…...
Advanced nuclear solutions are garnering broad support with a slate of initiatives including funding research, developing regulatory frameworks, and planning or constructing advanced reactors. The ability of nuclear energy to produce carbon-free power is increasingly considered critical for decarbonizing the power sector to fight climate change while ensuring a reliable electricity supply.
Growth in commercial electricity demand during 2023 was more evident in states going through speedy development of large-scale computing facilities such as data centers, according to a June 28 report published by the U.S. Energy Information Administration. Electricity consumption across the U.S. commercial sector has improved since the COVID 19 pandemic, with yearly U.S. electricity…...
