RGGI

One of the primary objectives of the powerful anti-fossil fuel lobby over the past two decades has been a federally mandated limit on carbon emissions. But the Supreme Court’s recent decision in West

The Homer City coal-fired power plant will continue operating, according to multiple news sources in western Pennsylvania, where the plant is located. Owners of the three-unit, 1,884-MW generating station in Indiana County, about 45 miles east of Pittsburgh, had been contemplating shuttering one or more units, while also exploring options to add renewable energy to […]

Energy Harbor Corp., the new name for the former FirstEnergy Solutions (FES) after FES’s bankruptcy, on March 13 said its Beaver Valley nuclear plant in Shippingport, Pennsylvania, will remain open. FES in March 2018 had told state regulators it would close the plant in 2021 because it was no longer economic to operate. Energy Harbor […]

While it is currently highly dependent on natural gas generation today, about 95% of ISO-New England’s (ISO-NE’s) interconnection request queue—a proposed total capacity of 20.9 GW—comprises wind, solar, and battery projects. That clearly indicates that developers in New England’s wholesale market “are looking to take advantage of state incentives, declining technology costs, and revenues from […]

RICHMOND, Virginia (Feb. 27, 2020) – After a late-night vote, Virginia will soon become the first southern state to participate in the Regional Greenhouse Gas Initiative, a carbon-cutting program for power plants that that will also direct more than $100 million annually to programs that will benefit all Virginians, particularly struggling families. The House of […]

A study from an economic, financial, and strategy consulting group says the Regional Greenhouse Gas Initiative (RGGI), a multi-state program designed to cap emissions from power plants in the northeastern U.S., has generated $4 billion in net economic activity even as it has increased electricity prices in the region. The report from the Analysis Group, […]

Virginia lawmakers are weighing legislation that would give the state more control over utilities, with some of the measures developed in concert with power companies. State legislators are discussing the proposals, some of which are designed to lift a freeze on utility rates, which could bring refunds for ratepayers—although others warn it could cause rates […]

Virginia regulators are ready to consider a proposal to join the Regional Greenhouse Gas Initiative (RGGI) in the Northeast, becoming the 10th state in the nation’s largest carbon-trading market. The move comes as newly elected governor Ralph Northam, a Democrat, prepares to take office in a state where the Republican-led legislature has shot down previous […]

Nine states in New England and the Mid-Atlantic region have said they will cut emissions from power plants by 65% below 2020 levels by 2030, expanding a cap-and-trade program designed to reduce carbon output usually associated with power plants. States in the Regional Greenhouse Gas Initiative (RGGI) agreed to increase emissions cuts by an additional […]

One of the “flexibility” measures built into the Environmental Protection Agency’s (EPA’s) final Clean Power Plan (CPP) is the option for states to join multi-state emissions trading programs for carbon dioxide. Panelists in a session focused on this issue at the National Association of Regulatory Utility Commissioners (NARUC) annual meeting in Austin largely agreed on […]