Maine has taken a bold step in protecting its consumers by instituting new regulatory measures that prohibit utilities from using ratepayer funds for advertising, lobbying, and political expenses. These measures, implemented by the Maine Public Utilities Commission (PUC), aim to ensure greater
The PJM Interconnection's recent capacity auction has sent shockwaves through the energy sector, revealing an unprecedented surge in capacity prices and prompting urgent calls for legislative intervention. With capacity costs skyrocketing from $2.2 billion to a staggering $14.7 billion for the
In a significant move to address global warming and reduce greenhouse gas emissions, the U.S. Department of Energy has entered into voluntary agreements with six major electric utilities and the Tennessee Valley Authority (TVA). Announced by Secretary of Energy Hazel R. O'Leary at the United
The Omaha Public Power District (OPPD) has set an ambitious goal: reaching net-zero carbon emissions by 2050. To support this significant undertaking, they have partnered with Aspen Technology, Inc. (NASDAQ: AZPN), utilizing cutting-edge technology to ensure their success. The implementation of
The burgeoning demand for electricity in the United States is increasingly driven by an exceptional boom in artificial intelligence (AI). This remarkable surge has led U.S. electric utilities to project a very optimistic forecast, influencing market expectations of sales growth for the remainder of
The U.S. energy regulatory landscape is experiencing a seismic transformation due to recent Supreme Court rulings. Specifically, these decisions have sparked significant shifts in the balance of power between federal agencies and the judiciary, particularly affecting the Federal Energy Regulatory
