New Jersey Governor Phil Murphy signed into law two measures on Aug. 15 that aim to increase transparency and accountability in the operations of regional grid operator PJM Interconnection LLC, as households and businesses face mounting electricity costs. The legislation strengthens the role of the New Jersey Board of Public Utilities in examining PJM’s market…...
The Arizona Corporation Commission on Aug. 14 voted unanimously to begin the process for repealing the Renewable Energy Standard and Tariff, or REST, rules. Established in 2006, the rules require the state’s electric utilities to source a certain percent of their electricity from renewable energy resources, reaching 15 percent by 2025. The state’s two largest…...
Across the U.S., state regulators are overhauling natural gas utility rules, ending subsidies for new connections and exploring pilot programs that transition neighborhoods to zero-emission energy, as they…Read the full report …...
Across the U.S., state regulators are overhauling natural gas utility rules, ending subsidies for new connections and exploring pilot programs that transition neighborhoods to zero-emission energy, as they race to meet aggressive climate targets.
Across the U.S., states are accelerating efforts to deploy large-scale energy storage through streamlined permitting, competitive solicitations, and…Read the full report …...
Across the U.S., states are accelerating efforts to deploy large-scale energy storage through streamlined permitting, competitive solicitations, and new incentive programs. Energy storage can serve multiple functions in managing energy supply and demand, including balancing the variability of intermittent renewables and improving grid-operating capabilities.
Texas Governor Greg Abbott on Aug. 4 announced a loan agreement between the Public Utility Commission and NRG Energy Inc. under the Texas Energy Fund, or TEF, to support a 456-megawatt (MW) natural gas-fired power plant in Houston. This marks the second loan agreement under the TEF’s In-ERCOT Generation Loan Program, designed to provide low-interest…...
The UK’s Office of Gas and Electricity Markets on July 30 initiated a broad review into how costs are allocated across the energy system, aiming to assess the fairness and efficiency of existing pricing structures for consumers. The effort, titled the Cost Allocation and Recovery Review, will examine the full spectrum of energy system costs,…...
PJM Interconnection LLC’s capacity market auction for the 2026/2027 delivery year cleared at $329.17 per megawatt-day (MW-day), nearly 22 percent higher than the clearing price in the previous auction. The clearing price hit the cap recently approved by the Federal Energy Regulatory Commission (FERC) to…Read the full report…...
