COVID-19
Increasing efficiency standards and competition from EVs means worldwide gasoline demand has likely peaked, the IEA reported.
PJM’s Monitor sounded alarms about market power in the energy and capacity markets and said it may intervene in the RTO’s next capacity auction.
Texas utilities are coming up short on payments to ERCOT, as the state legislature begins considering restructuring the grid operator's governance.
SERC Reliability said that the use of video conferencing and other tech tools necessitated by the pandemic could result in streamlining future audits.
The cybersecurity lessons of the COVID-19 pandemic must not be forgotten as stakeholders return to normal operations, representatives from Texas RE warned.
The Texas PUC issued a set of orders intended to protect Texas electricity customers and prevent possible disconnections for non-payment.
FERC ordered Wisconsin Electric Power Co. and a Northern Michigan cooperative into settlement proceedings to resolve a complaint over excessive rates.
MISO said its members collectively saved about $3.5 billion in 2020 for choosing RTO membership over going it alone on the grid.
Con Edison’s 2020 earnings were down 18% from the previous year because of lower C&I demand during the pandemic and costs from Tropical Storm Isaias.
U.S. greenhouse gas emissions dropped by 9% in 2020, but experts say a repeat performance is unlikely.
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