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New Legislation Set to Impact Renewables

The US Senate voted to approve the Inflation Reduction Act on August 7th. The legislation includes more than $370 billion earmarked for clean energy investment, according to the Committee for a Responsible Federal Budget. The bill is now headed to the US House of Representatives for a vote. Currently, the legislation proposes that federal tax…

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U.S. Electricity Generation Mix Changes

The electricity generation mix in the U.S. continued to change in 2021. In addition to the growth in renewable energy, one major surprise was observed. The percentage of coal-fired generation increased for the first time since 2007. The generation mix changes were largely driven by economics. According to the EIA, electric generators realized an average…

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Renewable energy transition study released by PJM

PJM Interconnection released the initial results of its energy transition study. The study identifies the impact renewable energy has on market design, transmission planning, and grid reliability. The multiyear study is one of multiple being undertaken by PJM. Five focus areas were identified using the PJM strategic pillars of decarbonization efforts, future grid planning, and…

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US Natural Gas Prices at Highest Level in Years

US LNG export facilities have been running at near capacity as the worldwide demand for natural gas continues to grow. Increased natural gas exports leave the US with less supply, leading US natural gas prices to reach their highest levels in years. If the winter season is as cold as expected, natural gas prices could…

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