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December 1, 2023

Fossil Fuels

United Nations
COP28 Leaders Divided on Role of Fossil Fuels in Energy Transition
Earth is living through its hottest year on record, and global efforts to curb human-generated greenhouse gas emissions driving those high temperatures are not keeping up with commitments to cut emissions.
Gov. Whitmer
Whitmer Signs Climate Bills, Including 100% ‘Clean Energy’ Goal
The bills codify many of the Michigan governor's climate goals, such as giving the Public Service Commission power to approve sites for new large-scale renewable energy projects and a 100 % clean energy goal of 2040
S&P Global
As COP28 Begins, Experts Say Paris Agreement Targets Are Out of Reach
Hydrocarbons are not going away anytime soon despite growing climate financing and escalating renewables deployment, industry analysts said.
Astoria Generating Company
NYISO to Keep Gas Peakers Online to Solve NYC Reliability Need
NYISO will keep two natural gas peaker plants online past their planned 2025 retirements to solve a 446-MW shortfall in New York City. 
Dominion Energy
Report Questions Dominion IRP’s Call for New Natural Gas Plants
A report funded by Chesapeake Climate Action Network questioned Dominion's plans for new natural gas in its pending IRP.
FERC
FERC Dives into Reliability Implications of EPA’s Power Plant Rule
FERC hosted a senior EPA staffer and heard from the industry and states on how the environmental regulator's latest proposal to cut carbon emissions from  power plants will impact grid reliability as it is implemented.
Shutterstock
2023 Elections Bring Billions for Texas Gas, Dem Wins in Virginia, NJ
Voters OK'd billions for gas generation in Texas, while Democrats won legislative elections in New Jersey and Virginia with implications for energy policy.
Shutterstock
Parties Preview FERC Review of EPA Power Plant Rule
FERC is hosting a review of EPA's proposed power plant rule, and the different sides of the debate got their views in early.
© RTO Insider LLC
Infrastructure and Coordination Hot Topics at NECBC Conference

Serge Abergel of Hydro-Québec touted the potential benefits of using hydropower to balance out wind power and reduce curtailment instead of simply using hydropower as base load.

Duke Energy
Duke Earnings Slip on Low Demand, but Long-term Growth Expected
Duke Energy saw quarterly earnings slip due to low demand, but a growing economy and the transition to cleaner energy had its executives highlighting future growth opportunities on its earnings call Thursday.

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