Regional Greenhouse Gas Initiative (RGGI)
The New England states, along with New York, are generally well ahead of the targets set in the Clean Power Plan.
RGGI provides substantial economic benefits and has not raised prices or impaired reliability, according to an independent study.
This week's company briefs include news on Exelon, Dominion, Alliant, Alevo, and TVA. Plus the latest from IHS Cera Week and RGGI.
Clearing prices for the latest RGGI carbon dioxide allowances auction rose 4%, continuing a recent upward trend while the number of bidders declined.
Representatives of PJM, ISO-NE and NYISO told FERC they are prepared to implement their states’ plans for complying with EPA’s proposed Clean Power Plan.
FERC will have a vital role in implementing the EPA’s Clean Power Plan but won’t take sides in ideological debates, Chairman Cheryl LaFleur said.
RGGI generally supported the EPA's proposed Clean Power Plan and suggested other areas of the country could follow its lead.
NYISO: The EPA's proposed Clean Power Plan threatens reliability in New York City due to the city’s frequent dependence on local oil-fueled generators.
Republicans threatened to blunt the Obama administration’s proposed carbon emissions rule after taking control of Congress in last week's elections.
News briefs from the states within the PJM footprint. This week we include Delaware, Illinois, Indiana, Michigan, New Jersey, North Carolina, Ohio, Pennsylvania and West Virginia.
Want more? Advanced Search