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…...
U.S. electricity producers plan to retire 12.3 gigawatts (GW) of generation capacity during 2025, up 65 percent compared to retirements during 2024, according to an Feb. 25 report published by the U.S. Energy Information Administration. During 2024, 7.5 GW of generation capacity was phased out from the U.S. electricity grid, the lowest capacity of retirements…...
The U.S. power grid is expected to add 63 gigawatts (GW) of new utility scale electric generating capacity during 2025, about 30 percent higher compared to the 48.6 GW of capacity installed during 2024, according to an Feb. 24 report published by the U.S. Energy Information Administration. The increase in new utility scale electric generating…...
State utility regulators are ramping up oversight of retail electric markets, with recent actions ranging from Massachusetts resuming its review of customer protections to…Read the full report…...
State utility regulators are ramping up oversight of retail electric markets, with recent actions ranging from Massachusetts resuming its review of customer protections to Maryland implementing reforms to market rules.
Residential energy costs for household heating with propane and natural gas for the current winter have increased compared to the previous winter, according to an Feb. 20 report published by the U.S. Energy Information Administration. The agency projects retail energy costs to be 10 percent higher than last winter. The agency in their Winter Fuels…...
The Texas Public Utility Commission Feb. 13 approved a new rule establishing a new program titled “Texas Energy Fund (TEF) Outside of Electric Reliability Council of Texas (ERCOT) Grant Program,” to provide grants to utilities and generators outside of the ERCOT region. Grants made available through this program will support modernization, reliability, resiliency, weatherization, and…...
President Donald Trump on Feb. 14 signed an executive order establishing a council to guide the U.S. towards energy dominance. The National Energy Dominance Council is tasked with providing advice on how best to exercise the President’s authority to increase domestic energy production, including recommending a strategy with long-range goals for achieving energy dominance by…...
