The New York State Public Service Commission on March 20 approved a three-year rate plan for Orange and Rockland Utilities, substantially reducing the company’s rate increase request for both electric and natural gas. The revision, which will take effect on April 1, 2025, marks the first commission-approved rate change for the utility in three years…....
The Washington Utilities and Transportation Commission on March 18 denied a request from Puget Sound Energy to reconsider increasing utility rates by $215 million over two years. The company asserted that the rate increase was required to maintain good cash flow and credit ratings. The commission reconsidered and approved the utility’s voluntary electrification pilot project,…...
Carbon markets across the U.S. are experiencing shifts, with Washington’s auction prices climbing for the second consecutive time and potential market linkages taking shape, while…Read the full report …...
Carbon markets across the U.S. are experiencing shifts, with Washington’s auction prices climbing for the second consecutive time and potential market linkages taking shape, while Virginia’s legal battle over rejoining the regional carbon market continues.
The U.S. Environmental Protection Agency on March 10 announced that it has cancelled over 400 grants, worth a combined $1.7 billion in its fourth and largest round of grant cancellations for programs considered unnecessary. In February, the agency stated that it had partnered with the Department of Government Efficiency to review and scrap funding awarded…...
The Ontario government on March 10 announced a 25 percent tariff on electricity exports to the U.S. in response to the Trump administration’s tariffs on Canadian goods and services. As Ontario shares 12 transmission connections with New York, Michigan, and Minnesota, the electricity tariffs could impact around 1.5 million homes and incur daily costs of…...
The Bonneville Power Administration (BPA), a federal power marketing agency in the Pacific Northwest, has issued its day ahead market draft policy direction determining that it should take part in a day ahead market and pursue participation in the Southwest Power Pool’s (SPP) Markets+ program. SPP is the grid operator for 17 states in the…...
The White House on March 3 confirmed that the Trump administration would proceed with the 10 percent tariff on Canadian energy resources effective March 4. Last month, the administration announced its intent to impose a 10 percent tariff on Canadian energy resources and 25 percent tariffs on other goods from Canada and Mexico. Several leaders…...
The Michigan Public Service Commission on Feb. 27 approved a staff proposal establishing financial incentives and penalties for electric utilities to improve their performance and enhance grid reliability. The proposal includes metrics to measure utility performance about reliability, safety, and other factors that will encourage utilities to expedite distribution system upgrades and improve grid reliability…....
The UK’s Office of Gas and Electricity Markets (Ofgem) announced on Feb. 25 a 6.4 percent increase in the energy price cap for the period April to June 2025. The price cap will increase by £111 for an average household annually. For an average homeowner for dual fuel this amounts to £1,849 per year, up…...
