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July 4, 2024

renewable portfolio standard (RPS)

DTE Energy
Michigan Energy Bill Preserves RPS, 10% Retail Choice Cap
Following a dramatic all-night session, Michigan lawmakers approved legislation that increases the state’s renewable portfolio standard and preserves its limited retail choice.
Overheard at the ISO-NE Consumer Liaison Group Meeting
New England appears poised to withstand another winter of tight natural gas supplies, an RTO official told the ISO-NE Consumer Liaison Group meeting.
Illinois Lawmakers Clear Nuke Subsidy
Illinois legislators on Thursday approved a bill to keep the Exelon Clinton and Quad Cities nuclear power plants operating for another decade.
Michigan Senate Increases RPS; Keeps 10% Retail Choice Cap
The Michigan Senate approved legislation that would increase the renewable portfolio standard while maintaining the 10% cap on retail choice.
Briefing on ISO-NE Study Focuses on Energy Revenues, Storage, RPS
The latest ISO-NE briefing on its ongoing economic study focused on the shortfall of energy market revenues, prospects for storage and meeting RPS goals.
N.E. Roundtable Considers Carbon Pricing, State PPAs
The New England Restructuring Roundtable included discussions of a market design that could include carbon pricing and a two-tiered capacity market.
Md. Balks at Proposed Emission Cuts as RGGI States Ponder Future
RGGI reported another lackluster carbon allowance auction last week, bolstering calls by Mass. and others for more aggressive cuts in the compact’s emission caps.
Gov. Brown Reaffirms Commitment to Expanded CAISO
Gov. Jerry Brown reaffirmed his commitment to an expanded CAISO, a month after calling for a delay in efforts to complete enabling legislation.
UPDATED: California Legislature Approves Bill to Sharply Reduce GHG Emissions
California lawmakers last week passed SB 32, a bill to reduce the state’s greenhouse gas (GHG) emissions to 40% below 1990 levels by 2030.
PJM’s Grid 20/20 Ponders Mixing Public Policy, Competitive Markets
Panelists at the PJM Grid 20/20 summit discussed the challenges of conflicting state public policy, competing interests and the impact on the RTO's competitive markets.

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