EIA: Soaring Electricity Prices Outrun Inflation, but Likely Peaked
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IRA Could Help EPA With Stronger Power Plant Rules
The U.S. EPA may have an easier time imposing carbon regulations on coal and gas power plants if it argues the rules won’t impact the industry much more than the Inflation Reduction Act already did, analysts say.
Unprecedented’ Climate Victory in Dominion’s Legislative Losses!
Environmentalist and renewable energy groups have long battled against the legislative agenda of Dominion, which spent years as the top corporate donor in Virginia politics. The story >>
Market Snapshot – March 27, 2023
NATURAL GAS IS STILL LOW, BUT WARNING SIGNS ARE ON THE HORIZON SUPPLY IS UP, BUT SO IS DEMAND. FirstEnergy Auction Results Almost Double FirstEnergy announced the results of its final three auctions last week. The final auction had five winning bidders and settled at $83.75. Along with the October 2022 auction at 122.20 and…
DOE finds ‘pressing’ transmission needs, with interregional links offering the biggest benefits
The United States will likely need 47,300 GW miles of new transmission by 2035, a 57% increase compared to today’s transmission system under a moderate load growth-high clean energy growth scenario, according to a Department of Energy draft report. Read the complete details >>
EIA: Increasing Renewables likely to Reduce Coal and Natural Gas Generation over Next Two Years
In the Energy Information Agency’s latest Short-Term Energy Outlook, they expect that increased U.S. power generation from new renewables capacity—primarily wind and solar—will reduce generation from coal-fired and natural gas-fired power plants in 2023 and 2024. With the new solar and wind projects coming online this year, the EIA forecasts these two energy sources will…
Physical Attacks on Power Grid Surge to New Peak
The U.S. power grid saw more reported physical and computerized attacks in the first eight months of 2022 than the whole year before — a count that doesn’t include December incidents in North Carolina and Washington.