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Del Mar Releases Climate Action Plan Del Mar became the second city in San Diego County — after San Diego — to announce an objective of moving to 100% renewable energy by 2035. That goal is part of a larger climate action plan to reduce the city’s greenhouse gas emissions. The...
CO2 Allowance Sale Raises $68.3 Million The nine Northeastern and Mid-Atlantic states that participated in the 32nd Regional Greenhouse Gas Initiative auction of carbon dioxide allowances on Wednesday sold more than 15 million at a clearing price of $4.53. Bids for an allowance, which allows for the emission of one...
By Suzanne Herel Delaware Gov. Jack Markell, the state’s congressional delegation and LS Power are among those asking FERC to revisit its April 22 ruling approving solution-based distribution factor (DFAX) cost allocation for the Artificial Island and Bergen-Linden Corridor projects. Salem Nuclear Generating Station Source: Wikimedia A request for rehearing...
CO2 Emissions down as Coal Plants Used Less The state is already meeting the carbon dioxide emissions target under the final year of EPA’s Clean Power Plan, thanks to reduced use of coal-fired power generation because of the low price of competing natural gas. The state’s carbon emissions were 30.1...
By William Opalka Consolidated Edison will stop using the “PSEG wheel” next April, following through on a promise it made late last year in a dispute with PJM over transmission upgrade costs. The company said it would not renew two point-to-point transmission agreements under which Public Service Electric and Gas...
Electric Rates Drop to ‘Near Historic Lows’ The Public Utilities Regulatory Authority approved “near historic” low rates starting July 1 for the standard offers from the state’s two electric utilities, thanks to depressed natural gas prices. The standard rate for Eversource Energy customers will drop from the current 9.555 cents/kWh to...
ISO-NE: Summer Supply Adequate in New England New England is expected to have adequate electricity resources this summer, according to ISO-NE. Although electricity supplies are expected to be sufficient, construction work on the region’s pipeline infrastructure will limit delivery of natural gas to some power plants and require them to...
By Suzanne Herel FERC on Friday approved the controversial cost allocation of two PJM projects: a stability fix for New Jersey’s Artificial Island nuclear complex and the Bergen-Linden Corridor upgrade. “The courts have recognized that no cost allocation method can perfectly assign costs to the beneficiaries of a transmission project,...
Some Alternate Supplier Electric Customers Paying More The state’s Office of Consumer Counsel says thousands of residential customers who signed up with competitive electric suppliers paid more for power than customers who stayed with the standard offers from Eversource Energy or United Illuminating. In Eversource’s territory, customers with 18 of...