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Four judges have granted all five projects under construction in U.S. waters permission to resume construction.
Average wholesale day-ahead electricity prices were higher in 2025 than in 2024 at most but not all major trading hubs in the contiguous 48 states.
If the incremental costs of serving the new loads are below the current average costs, new demand can actually lower average retail rates as the system costs are spread across a wider base, the report concludes.
After a decade of intensive policy work and billions of dollars expended, the state’s grid was more reliant on carbon-based fuels in 2024 than in 2014.
A newly published review of utilities serving 81.1 million U.S. customers found a total of $30.5 billion in 2025 rate hike requests — a record high, and twice as much as was sought in 2024.
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