Illinois regulators have recently approved statewide electric grid upgrades, setting the stage for increased rates for customers across the region. The Illinois Commerce Commission (ICC) has sanctioned significantly scaled-back investment plans submitted by Commonwealth Edison (ComEd) and Ameren
Prince Edward Island (P.E.I.) is grappling with a significant challenge as it strives to meet its escalating power demands effectively. Maritime Electric, the principal electrical utility on the island, has tabled an ambitious infrastructure project estimated to cost $427 million, aiming to bolster
In a bid to promote long-term, responsible offshore wind energy development in the United States, Rep. Paul Tonko has introduced an updated version of the Offshore Energy Modernization Act in the House of Representatives. This new bill not only mirrors the legislation proposed by Tonko in 2022 with
The transition to clean energy is more urgent than ever as the impacts of climate change intensify. However, outdated permitting processes are slowing down the deployment of renewable energy projects. Recent legislative reforms, such as the Fiscal Responsibility Act of 2023 and the proposed Energy
In December 2023, the Long Island Power Authority (LIPA) in New York approved two large-scale battery energy storage system (BESS) projects developed by Key Capture Energy (KCE). This approval marks a significant move towards reinforcing the energy infrastructure and aligning with New York's
A major scandal has rocked the energy industry as the Federal Energy Regulatory Commission (FERC) has sanctioned a substantial penalty on American Efficient, amounting to a staggering $722 million and additionally mandated the return of $253 million in unjust profits. The penalties stem from the
The European Union's (EU) taxonomy for sustainable activities, instituted in 2020, represents a comprehensive framework designed to define and promote sustainability across multiple economic sectors. By setting the foundation for substantial shifts in climate change mitigation and adaptation, the
Electric vehicles (EVs) have shown remarkable growth in the United States, particularly in the third quarter of 2024. With EVs and hybrids constituting a substantial 21.2% of new light-duty vehicle sales, their market share has noticeably increased from the previous quarter's 19.1%. What stands out
The integration of innovative funding mechanisms plays a crucial role in the deployment of heat pump water heaters (HPWHs), encapsulated by initiatives such as TECH Clean California. With the primary goal of accelerating the adoption of space heat pumps and HPWHs statewide, this initiative aligns
In a landmark decision that promises transformative changes to the Midwest's electrical infrastructure, the Midcontinent Independent System Operator (MISO) board has approved an ambitious $21.9 billion long-range transmission plan. This crucial move aims to revitalize and enhance the region's grid
