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By William Opalka and Rory Sweeney The Regional Greenhouse Gas Initiative reported another lackluster carbon allowance auction last week, bolstering calls by Massachusetts and others for more aggressive cuts in the compact’s emission caps. But as the program conducts its triennial review of how it should operate in 2020 and...
By William Opalka MARLBOROUGH, Mass. — New England states are moving ahead with their own greenhouse gas reduction programs while EPA’s Clean Power Plan remains in legal limbo. At the Northeast Energy and Commerce Association Annual Environmental Conference on Wednesday, panelists said that the nine-state Regional Greenhouse Gas Initiative remains...
Mary Beth Gentleman, a former co-chair of the energy practice at law firm Foley Hoag and current Hillary Clinton volunteer, said that the presumptive Democratic nominee for president would likely have coattails if elected, resulting in a switch to a Democratic-controlled U.S. Senate, but a takeover of the U.S. House...
By William Opalka After more than two contentious years of ordering ISO-NE and the New England Power Pool to design sloped zonal demand curves for its constrained zones, FERC last week accepted a compliance filing that does that and also modifies the systemwide demand curve. The changes will be effective...
By William Opalka NEW YORK — Whether the view is from PJM, which sits atop the Utica and Marcellus shale gas formations, or ISO-NE, at the “end of the pipeline,” the so-called “dash to gas” shows no sign of abating, speakers said Friday at the Energy Bar Association Northeast Chapter’s...
By William Opalka FERC accepted the results of ISO-NE’s 10th Forward Capacity Auction last week, again rejecting allegations of market manipulation and concluding that the prices were just and reasonable (ER16-1041). Brayton Point Wikipedia The auction, covering the 2019/20 commitment period, saw prices drop to $7.03/kW-month from last year’s $9.55/kW-month.
Weak Auction Prompts Cap-and-Trade Concerns The state’s cap-and-trade system faces an uncertain future after just 11% of available carbon allowances were sold during last month’s quarterly auction, generating only 2% of expected revenues. Some analysts attribute the surplus of allowances to other state programs that effectively limit utilities’ emissions and...
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...
By William Opalka RENSSELAER, N.Y. — NYISO’s Market Monitoring Unit is recommending changes to the capacity market and planning processes in import-constrained zones as a result of a New York generating plant’s successful offers into the last two ISO-NE Forward Capacity Auctions. Pallas LeeVanSchaick of Potomac Economics outlined the recommendations...