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December 21, 2024

greenhouse gas (GHG)

Kevin Dooley, CC BY-SA-2.0, via Wikimedia Commons
Western Market Developers Compare Approaches to GHGs

On the surface, CAISO’s Extended Day-Ahead Market and SPP’s Markets+ will take similar approaches to accounting for greenhouse gas emissions — but important differences remain.

Camano Island Chamber of Commerce
5th ‘Alert’ Touts Markets+ Support for Clean Resources, GHG Policy

Markets+ proponents argue that the SPP framework allows more flexibility for integrating greenhouse gas emission reduction programs across various states than CAISO’s EDAM.

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Wash. Kicks off Cap-and-Invest Electricity Forum
Washington's Department of Ecology kicked off its first virtual electricity forum to provide updates on recent electricity sector rulemaking efforts related to the state’s carbon market.
PacifiCorp
Brattle Study Likely to Fuel Debate over EDAM, Markets+

The white paper by The Brattle Group offers a point-by-point comparison of CAISO’s Extended Day-Ahead Market and SPP’s Markets+ that leans in favor of EDAM but stops short of endorsing either market.

California Air Resources Board
California GHG Emissions Decreased 2.4% in 2022
California’s greenhouse gas emissions fell by 2.4% in 2022 compared with the prior year, with the largest decrease seen in the transportation sector, according to a report by the California Air Resources Board.
CAISO
CAISO, Stakeholders Consider GHG Attribution for Non-priced States
CAISO is recommending it implement a Western Power Trading Forum proposal that could help the EDAM track and account for GHG emissions in a way that considers the variety of carbon pricing programs across the West.
DOE
DOE Awards $240M for City, State Building Performance Standards
The Department of Energy aims to help cities and states reduce emissions with more than $240 million in grants to promote the adoption of building performance standards
Rhodium Group
Rhodium: US Accelerating Reductions in GHG Emissions
The Rhodium Group’s annual update of its "Taking Stock" report finds that U.S. GHG emissions were 18% lower in 2023 than in 2005 and estimates they will be 32 to 43% lower in 2030.
Schneider Electric
Report: Industrial Electrification Should Focus on ‘Easy to Abate’ Sectors
A new report from Schneider Electric says the U.S. could ramp up the electrification of heavy industry by 50% by focusing on easy-to-abate, individual processes.
Basin Electric
SPP Shares Concerns over EPA’s GHG Rule
SPP told members the EPA’s final rule curbing greenhouse gas emissions from power plants could hamper the nation’s ability to provide reliable service during the “swift” transition from fossil fuels to renewables.

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