U.S.-Canadian Trade War
FERC approved filings by NYISO and ISO-NE authorizing them to collect tariffs on electricity imports from Canada.
Attendees at the Electric Power Supply Association’s Competitive Power Summit discussed how markets are responding to rapid demand growth.
Electricity imports from Canada into New York have continued without any change to prices, but the “fluidity and uncertainty” of President Donald Trump’s trade policy make it difficult to predict anything, state agencies reported to Gov. Kathy Hochul.
CERAWeek 2025 by S&P Global examined the changing energy landscape through 14 themes, from policy and regulation to climate and sustainability, but none seemed to draw more focus than the rapid expansion of AI and is potential transformative effects.
The Ontario premier said he would suspend the 25% tariff on electricity exports to the U.S. after speaking with Commerce Secretary Howard Lutnick and receiving threats of additional tariffs by President Donald Trump.
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