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FERC approves delay to 2025 ISO-NE capacity auction
Originally scheduled for February 2025, the Federal Energy Regulatory Commission (FERC) has agreed to a one-year ...
60th RGGI auction clears
The Regional Greenhouse Gas Initiative (“RGGI”) announced the results of the 60th auction for carbon dioxide allowances on June 9, 2023. The auction included the sale of more than 22 million allowances at a clearing price of $12.73 per allowance. The clearing price represented an increase of 1.8% compared to the 59th auction held in […]
PJM seeks to delay power capacity auctions
The PJM Interconnection board of managers is seeking a delay of upcoming capacity auctions, including June’s ...
First Small Modular Reactor Design Certified
The U.S. Nuclear Regulatory Commission certified the first small scale reactor design in the U.S. on January 20th. Created by NuScale, the design incorporates a module system that utilizes less water and is one-third the size of a traditional large-scale reactor. Each module is capable of producing 50 MW of electricity. The first module is […]
LS Power to acquire 334 MW hydro portfolio
LS Power has announced its plan to acquire 42 hydro facilities from Hull Street Energy. The run-of-river hydro ...
Natural Gas Consumption by US Power Generators Declines
Natural gas consumption by US electric power generators fell in 2021. The level of natural gas-fired generation declined resulting in consumption falling 3% compared to the 2020 level. The shift marks the first decline in natural gas consumption by the US power sector in over four years. According to the EIA, natural gas prices increased […]
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