June 2024

BloombergNEF
BNEF: ICE Phaseout by 2035 Critical to Reach Net Zero by 2050
About 20% of all vehicles sold worldwide this year will have a plug ― either battery electric or plug-in hybrid ― with sales predicted to rise to one-third by 2027.
Potomac Economics
NEPOOL Holds Summer PC Meeting amid New England Heat Wave, Climate Protests
NEPOOL held its annual summer Participants Committee meeting in New Hampshire during a multiday stretch of extreme heat and high demand on the New England grid.
Saavi Energía
FERC Rules for CAISO on Capacity Deliverability Rights Complaint
FERC denied a complaint by energy conglomerate Saavi alleging CAISO unlawfully terminated the full capacity deliverability rights for its gas-fired generating unit in Mexico that previously was interconnected with the ISO’s grid.
Southern California Edison
FERC Grants SoCal Edison Incentives for 2 Transmission Projects
FERC approved two transmission incentives requested by Southern California Edison that would offset potential costs associated with building the Del Amo-Mesa-Serrano and Lugo-Victor-Kramer projects. 
BOEM
BOEM Sets Central Atlantic OSW Auction for August
This auction is the first in a series of a dozen offshore wind lease sales tentatively scheduled by BOEM through the end of 2028.
BOEM
Bp Says It is Still Evaluating Beacon Wind
Bp is reported to be taking a timeout on offshore wind so it can refocus on oil and gas.
Shutterstock
Supreme Court Ends Chevron Deference to Administrative Agencies
The U.S. Supreme Court overturned the doctrine of Chevron deference to federal agencies in interpreting statutes when issuing rules, ending 40 years of legal precedent.
© RTO Insider LLC
FERC Orders Further Cold Weather Standard Modifications
FERC directed NERC to submit further changes to its latest cold weather standard within the next nine months.
Shutterstock
RI Sets 600-MW Energy Storage Target
Rhode Island Gov. Dan McKee signed into law a bill that sets a target of 90 MW of energy storage installed by Dec. 31, 2026; 195 MW by the end of 2028; and 600 MW by the end of 2033.
© RTO Insider LLC
FERC Accepts NERC ROP Changes, Drops Assessment Proposal
FERC accepted NERC's plan for registering inverter-based resources, while dropping a proposal to require more frequent performance assessments from the ERO.

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