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November 20, 2024

Generation

EIA
EIA: US Natural Gas Use Hits 5-Year Low in Mild Winter
The U.S. Energy Information Administration reported that domestic use of natural gas reached a six-year January low this year.
Institute for Energy Economics and Financial Analysis
IEEFA Report Forecasts Wave of Coal Power Retirements Through 2030
An energy market research group estimates 159 GW of coal-fired power production will be online in the U.S. in 2026, down half from a peak of 318 GW in 2011.
ISO-NE
ISO-NE Sees Record-low Power Demand on Holiday Afternoon
ISO-NE said that last Sunday demand on the grid was the lowest it had ever recorded since the RTO began operations in 1997.
Sierra Club - Rio Grande Chapter
Climate Bills Largely Fail in New Mexico Session
Gov. Michelle Lujan Grisham vetoed large portions of a tax package, cutting out tax credits for EVs, energy storage systems and geothermal electricity production.
© RTO Insider LLC
Overheard at the 2023 New York Energy Summit
Last week’s New York Energy Summit yielded a bumper crop of opinions, updates and words of wisdom from the more than 60 panelists.
ISO-NE
Gas Volatility Leads ISO-NE to Seek Update to Inventoried Energy Program
ISO-NE is seeking changes to the program to attract sufficient LNG in light of higher volatility in global prices than when FERC initially approved it in 2020.
Walter Siegmund, CC BY-2.5, via Wikimedia
Analyst Foresees $35-$45 Range for Wash. LCFS Credits
Washington LCFS credits will likely range from $35 to $45 per metric ton by 2025, lower than prices in neighboring areas, according to one carbon analysis firm.
Shutterstock
Maryland Legislature Sends POWER Act to Governor’s Desk
With hours to go until the end of their legislative session, Maryland lawmakers passed a law committing the state to developing 8.5 GW of offshore wind by 2031.
© RTO Insider LLC
FERC Approves Revisions to PJM’s ELCC Accreditation Model
FERC conditionally approved a PJM proposal to revise its approach to accrediting intermittent and hybrid resources under its ELCC model.
© RTO Insider LLC
Weaning NY off Natural Gas More Easily Mandated than Accomplished
Natural gas is in the crosshairs of New York’s decarbonization drive, but it will likely remain indispensable to the state’s energy portfolio for many years.

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