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July 4, 2024

Energy Efficiency

IMM Report Notes Rising Fuel, Congestion Costs in PJM
PJM's real-time LMPs and congestion costs both spiked in the first half of 2022, driven by increasing fuel prices and loads, the IMM reported.
Shutterstock
IRA ‘Better than Most’ Bills, Gas Industry Rep Says
Natural gas industry representatives shared what they believe are positive measures in the Inflation Reduction Act during a webinar.
DukeArcTerex, CC BY-SA 3.0, via Wikimedia Commons
Biden Initiative Aims to Up Federal Use of Performance Contracts
The Biden administration is looking to boost energy service performance contracts for federal buildings after a decline in their use during the Trump years.
The White House
What’s in the Inflation Reduction Act, Part 1
The Inflation Reduction Act carries the same number as the Build Back Better Act, but its $670 billion falls far short of the original $2.2 trillion.
EESI
Industry Groups Explain IIJA Opportunities, Policy Gaps at EESI Forum
The Infrastructure Investment and Jobs Act provides $753 million to help hydropower dams improve their efficiency, safety and resilience, according to NHA.
The White House
Biden Announces $2.3B for Climate Resilience, OSW in Gulf of Mexico
President Biden on Wednesday proclaimed climate change a “clear and present danger” to the U.S., to which he would respond “with urgency and resolve.”
Office of Gov. Kathy Hochul
New York Governor Signs Clean Building Codes, Thermal Networks Legislation
New York Gov. Kathy Hochul signed bills relating to clean building codes, thermal energy networks and prevailing wages for renewable energy workers.
Shutterstock
Massachusetts Moves Forward with Contentious Net-zero Building Code Proposal
Massachusetts has published proposed code language for its new net-zero building performance standards.
PJM
PJM Capacity Prices Crater
Capacity prices dropped by one-third to almost one-half in PJM’s auction for 2023/24, likely depressed by the end of the MOPR and a tougher price cap.
New York Climate Law Key in Crypto, Buildings Bills Going to Governor
Bills headed to New York Gov. Kathy Hochul would put the state’s climate law into decision-making for crypto mining and building heating and cooling.

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