More, More, More Power Lines!
The U.S. Energy Department seeks an unprecedented expansion of high-voltage electricity lines to carry clean power by prioritizing shovel-ready projects and seeking state support for interregional connections.
Market Snapshot for May 23, 2022
Natural Gas WINTER 22-23 WORRIES CONTINUE TO PRESSURE THE MARKET UPWARDS NO RELIEF IN SIGHT. Worries about the lack of injections and possible storage shortages for next winter kept the Natural Gas price hovering near $8.00 for the week. Increased LNG exports will make up the bulk of increased demand in 2022, keeping pricing high…
DetailsOhio: From the PUCO Newsroom
What’s causing prices to rise and what can you do to ease the effects on your bill?
Ohio Energy News: 270,000+ Cut Offs During Pandemic
Seven gas and electric companies cut off 270,000 Ohioans amid the pandemic and still saw billions in profit
Electricity Companies: John Oliver’s Deep Dive Into the Power
HBO’s Last Week Tonight with John Oliver discussed the incredible amount of power we give electric utility companies, how weakly regulated they are, and more! https://loom.ly/B-dVCQA
DetailsMarket Snapshot / TPI Takeaway for Monday, May 16, 2022
EIA PROJECTS ABOVE $8.00 PER MMBTU FOR THE 2ND HALF OF 2022 PRICES WILL HURT UNTIL SPRING 2023. The EIA is projecting that average pricing will be $7.83 in 2Q 2022 and will average $8.59 in the second half of 2022 Pricing in 2023 will average $4.74 once production begins to catch up to demand.…
DetailsPower prices jumped 51% in PJM, and 85% in New England in Q1 due to rising gas prices.
Electricity prices jumped 51%, to $80.28/MWh, in the first quarter of 2022 from $53.30/MWh in that period a year ago in the PJM Interconnection wholesale market, partly driven by an increase in natural gas prices, the grid operator’s market monitor said in a reportreleased Thursday. In New England, wholesale power costs soared 83%, to $137/MWh, in…
DetailsU.S. energy-related CO2 emissions rose 6% in 2021
In 2021, U.S. energy-related carbon dioxide (CO2) emissions increased by 296 million metric tons (MMmt), or 6%, compared with 2020 levels. Learn More: https://www.eia.gov/todayinenergy/detail.php?id=52380
DetailsPJM releases road map for creating ‘grid of the future’ to handle coming renewables, storage wave
PJM Interconnection unveils its plan to handle the retirement of fossil fuel plants, the expansion of offshore wind and other clean energy, and vehicle and building electrification.
