Policy Primer: Carbon Pricing June 2025 Update
Recent carbon market auctions have delivered mixed results underscoring the growing impact of federal policy shifts on regional emissions trading programs.
Details
U.S. Energy Production Reached a Record High During 2024: EIA
U.S. total energy production surpassed 103 quadrillion British thermal units in 2024, up one percent from the previous record set last year, according to a June 9 report published by the U.S. Energy Information Administration. Solar, wind, biofuels, natural gas, natural gas plant liquids, crude oil each reached domestic production highs in 2024. The largest…...
U.S. States Advance Strategic Initiatives Toward Achieving Long-Term Energy Storage Goals
As U.S. states sharpen their focus on grid reliability and decarbonization, energy storage efforts are advancing through…Read the full report …...
Visual Primer: U.S. States Advance Strategic Initiatives Toward Achieving Long-Term Energy Storage Goals
As U.S. states sharpen their focus on grid reliability and decarbonization, energy storage efforts are advancing through structured procurement programs, utility-specific targets, and streamlined regulatory processes.
Details
2025 Hurricane Season Forecast to Exceed Long-Term Average With 17 Named Storms: EIA
The 2025 hurricane season is expected to bring 17 named storms, surpassing the 1991–2020 average of 14, according to a May 20 report published by the U.S. Energy Information Administration. During the 2025 Atlantic hurricane season, meteorologists are expecting between 13 to 18 named storms, including 3 to 6 storms with direct impacts on the…...
States Step Up Efforts to Guide Long-Term Planning for Gas Utilities
Utility regulators in several U.S. states are stepping up efforts to plan for the future of natural gas as decarbonization and electrification efforts take hold. New initiatives are exploring…Read the full report …...
Visual Primer: States Step Up Efforts to Guide Long-Term Planning for Gas Utilities
Utility regulators in several U.S. states are stepping up efforts to plan for the future of natural gas as decarbonization and electrification efforts take hold. New initiatives are exploring regulatory strategies to assess long-term gas system needs, manage stranded asset risks, and align utility planning with state climate targets.
Details
U.S. Electricity Consumption Expected to Increase During 2025 and 2026: EIA
U.S. annual electricity consumption is forecast to increase during 2025 and 2026, exceeding the record high reached during 2024, according to a May 13 report published by the U.S. Energy Information Administration. The increase is attributed to higher demand from the commercial sector, which includes data centers and the industrial sector which includes manufacturing establishments…....
Hawaii and Connecticut Electricity Bills Double Those in New Mexico and Utah: EIA
U.S. residential customers paid an average of $144 per month for electricity in 2024, but costs varied significantly by state, according to a May 13 report from the U.S. Energy Information Administration. Customers in Hawaii and Connecticut paid over $200 monthly, while those in New Mexico and Utah paid less than half as much. The…...
PJM Selects 51 Projects to Deliver Over 9 Gigawatts of Capacity for Near-Term Demand Growth
PJM Interconnection on May 2 announced the selection of 51 generation projects aimed at quickly strengthening grid reliability as electricity demand rises and older plants retire. The projects, selected under the grid operator’s one-time Reliability Resource Initiative, or RRI, will collectively add over 9,300 megawatts of capacity over the next several years. RRI is a…...