by Connor | Sep 5, 2024 | News
TNMP (Texas-New Mexico Power) has outlined its 2025-2027 system resiliency plan, which includes $600 million of capital investments and $151 million of other related costs to confront events posing risk to the operation of TNMP’s distribution system. Eight resiliency...
by Alec | Sep 3, 2024 | News
The U.S. Department of the Interior will hold an auction for two areas off the southern coast of Oregon that could support 3.1 GW of offshore wind energy, if fully developed, enough to power one million homes. The auction, to be held on October 15th, will include the...
by Connor | Aug 29, 2024 | News
According to the EIA, electric generation from wind turbines has decreased for the first time since the mid-1990s in 2023, despite the addition of 6.2 GW of wind capacity. This has resulted in an eight-year low-capacity factor for the wind turbine fleet of 33.5%....
by Chris | Feb 19, 2024 | News
ISO New England Inc. (“ISO-NE”) announced the results of the 18th Forward Capacity Auction on February 9, 2024. The auction included 31,556 megawatts (“MW”) of commitments, including 1,085 MW of new renewable capacity and 5,540 MW of new and existing renewable...
by Alec | Jan 9, 2024 | News
Originally scheduled for February 2025, the Federal Energy Regulatory Commission (FERC) has agreed to a one-year delay to the 19th ISO New England (ISO-NE) capacity auction. The delay came at the request of ISO-NE and the New England Power Pool (NEPOOL) as they seek...
by Chris | Jun 12, 2023 | News
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...
