The Michigan Public Service Commission or Oct. 25 released a report on the state’s Energy Waste Reduction, EWR, programs, finding that EWR efforts could generate up to $1.4 billion in cost savings for utility customers over the 12- year lifecycle of these programs. The cost savings are a result of a decrease in demand of…...
As carbon management grows as a critical tool for climate action, federal strategies and state legislation are evolving to promote efficient and responsible development of carbon capture projects and carbon dioxide (CO2) pipelines. However, ongoing opposition and legal challenges, particularly concerning the use of…Read the full report …...
As carbon management grows as a critical tool for climate action, federal strategies and state legislation are evolving to promote efficient and responsible development of carbon capture projects and carbon dioxide (CO2) pipelines. However, ongoing opposition and legal challenges, particularly concerning the use of eminent domain, reflect the complexities the industry must navigate to fully emerge. Carbon capture and sequestration (CCS) involves the capture of CO2 from the emissions of industrial processes before they are released into the atmosphere for storage in subsurface geological formations.
The Michigan Public Service Commission on Oct. 10 approved a settlement allowing Upper Michigan Energy Resources Corp. to increase its rates by $6.6 million. This is the utility’s first electric rate case since it was authorized to serve customers in December 2016. The amount approved is over 40 percent less than the utility’s initial request…....
The push to expand energy storage capacity reflects the drive for more resilient and flexible energy systems to support the shift to clean energy. The U.S. Energy Information Administration (EIA) anticipates significant growth in…Read the full report …...
The push to expand energy storage capacity reflects the drive for more resilient and flexible energy systems to support the shift to clean energy. The U.S. Energy Information Administration (EIA) anticipates significant growth in energy storage with nearly 36 gigawatts (GW) added by the end of 2028 based on plans reported by utilities. At the end of 2023, U.S. electric utilities reported operating about 15.8 GW of battery storage capacity.
New York Governor Kathy Hochul on Sep. 26 signed two bills aimed to improve transparency and accountability in rate changes requested by public utilities. The first one requires the Public Service Commission to publish financial information before major rate changes by public utilities and the second imposes penalties for false statements made during rate proceedings…....
There is a growing focus on reducing the contributions of buildings to greenhouse gas emissions in order to accelerate progress toward a net-zero carbon future. Buildings account for about… Read the full report …...
There is a growing focus on reducing the contributions of buildings to greenhouse gas emissions in order to accelerate progress toward a net-zero carbon future. Buildings account for about 40 percent of total energy use in the U.S. and 35 percent of the nation's carbon emissions, according to the U.S. Department of Energy (DOE).
Recent developments in U.S. carbon markets highlight a changing landscape marked by fluctuating auction prices, new initiatives, and…Read the full report …...
Recent developments in U.S. carbon markets highlight a changing landscape marked by fluctuating auction prices, new initiatives, and regulatory reviews.
