U.S. carbon markets are experiencing a resurgence as key states reinforce their commitment to cap-and-trade systems despite hurdles. Washington’s latest carbon auction saw prices rebound following voter support for its program, while a court ruling has…Read the full report …...
U.S. carbon markets are experiencing a resurgence as key states reinforce their commitment to cap-and-trade systems despite hurdles. Washington's latest carbon auction saw prices rebound following voter support for its program, while a court ruling has invalidated the controversial withdrawal of Virginia from the regional carbon market. Meanwhile, progress in California, Québec, and Washington toward potential program linkage signals a move toward greater market integration, setting the stage for more robust and scalable climate solutions nationwide.
The Public Utility Commission of Texas on Dec. 12 established new rules to improve demand response for residential electricity consumers through smart responsive device programs. The new rule implements legislation enacted by the 88th Texas Legislature in 2023, which sets a target to decrease the total power consumption of customers participating in residential demand response…...
The Michigan Public Service Commission’s 2024-2025 Winter Energy Appraisal, released on Dec. 5, forecasts a rise in electricity demand among residential and commercial customers. While natural gas demand for residential heating is expected to remain steady, overall demand is projected to rise due to higher usage for electricity generation. Overall electricity demand is projected to…...
The District of Columbia Public Service Commission on Dec. 4 launched a proceeding to initiate an Integrated Distribution System Planning, or IDSP, process to proactively prepare the electric grid to support the demands of the clean energy transition and integrate distributed energy resources such as solar power and energy storage. The commission issued a draft…...
ISO New England Inc. on Dec. 3 announced that the region has sufficient energy resources to meet electricity demand for the winter. The grid operator expects the region’s winter demand under normal conditions to be 20,308 megawatts (MW) and 21,089 MW under below-average temperatures. The region has a total available energy resources of just over…...
The Washington Department of Ecology released a new report detailing the distribution of $472 million of 2021 Climate Commitment Act investments among 37 state agencies. The agencies used the funds to support projects such as habitat restoration, clean energy, and energy bill assistance from Jul. 1, 2023, to Jun. 30, 2024. These projects have the…...
Heading into the winter season, grid operators and utilities across the U.S. continue to strengthen their winter readiness measures to ensure reliable…Read the full report …...
The District of Columbia Public Service Commission on Nov. 26 approved the final version of Potomac Electric Power Company‘s (Pepco) second Multiyear Rate Plan which sets electric distribution rates for 2025 and 2026. The plan, approved as an extended pilot, permits Pepco to raise electric distribution rates by $123.4 million over the two-year period, which…...
The Biden administration is accelerating efforts to secure its clean energy and climate accomplishments, advancing rules and funding programs to drive decarbonization. Recent initiatives, such as methane emission rules and clean energy investments, aim to solidify progress achieved during the administration's tenure. However, the incoming Trump administration raises concerns of potential policy reversals, similar to the sweeping rollbacks seen in 2017.
The Biden administration is accelerating efforts to secure its clean energy and climate accomplishments, advancing rules and funding programs to drive decarbonization. Recent initiatives, such as methane emission rules and clean energy investments, aim to…Read the full report …...
