Transmission
The Bonneville Power Administration announced it has triggered a $40 million surcharge to rebuild financial reserves depleted after three years of low water, saying the move could lead to an annual average effective rate increase of 2.2% for most power sales.
Gov. Wes Moore issued an executive order calling for reforms to boost electricity supply and ensure affordability, which will be implemented in part by the new executive director at the Maryland Energy Administration- Kelly Speakes-Backman.
The Maine Office of the Public Advocate has asked FERC to initiate evidentiary hearing procedures to answer questions about the prudency of investments by New England transmission owners in asset condition projects placed in service in 2022.
The House passed the SPEED Act, which aims to cut the timelines and litigation around NEPA reviews, but Democrats urged their Senate colleagues to improve the bill in a chamber where their votes are needed for passage.
FERC told PJM to change its rules to allow for co-located load at generators, with new transmission services and other tweaks.
ISO-NE presented the final stakeholder-requested sensitivities for its 2024 Economic Study, discussing the potential effects of adding 3.9 GW of hydropower to the Hydro-Québec system.
Expanding transmission can reduce electricity costs for consumers, but only if the buildout uses consumer welfare as the North Star and ignores narrow political or business interests, say Travis Fisher and Nick Loris.
House Republicans amended the SPEED Act on its way to a floor vote, in order to allow the Trump administration to keep repealing Biden-era permits for offshore wind, which led renewable energy groups to drop support for the bill.
NYISO's Business Issues Committee and Operating Committee both endorsed tariff changes ahead of the completion of the Champlain Hudson Power Express.
Texas regulators have approved two more applications under the Texas Energy Fund’s completion-bonus program, making the generation resources eligible for more than $100 million in grants.
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