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The Massachusetts DPU has proposed requiring customers who request new gas service to cover the full cost of any needed line extensions, which effectively would end utilities’ practice of spreading the costs across their rate base.
DTE Energy’s five-year capital expenditure plan now calls for $30 billion in investment, up $5 billion.
Eversource Energy executives announced during the company’s year-end earnings call its plan to increase investments in its “core electric and natural gas operations” by $1.9 billion in 2025-2028.
A new study from Duke University says the existing power system could handle much of the demand growth expected in the coming years with no additional generation if artificial intelligence data centers can be persuaded to cut their energy use by as little as 1% during times of peak demand.
The 350-MWe pilot fusion plant would provide baseload generation for the Tennessee Valley region, potentially repurposing returned TVA fossil-burning power plant infrastructure.
The U.S. electric power industry faces unprecedented challenges from the size, pace and impacts of demand growth and should look to new approaches for possible solutions, according to speakers at NASEO’s Energy Policy Outlook Conference.
An environmental report found that most pension funds, key investors in infrastructure in the power industry, lacked any real policies to protect their investments from the effects of climate change.
While heating electrification in New England is poised to drive major increase in peak demand, electrifying about 80% of households could reduce the combined cost of the region’s electric and gas systems by 21 to 29%, according to a new study.
Hrkman got a respectful, if not enthusiastic reception from state energy officials at the NASEO conference, many of whom are waiting to see if they will receive the billions in IRA and IIJA dollars they were awarded for a range of clean projects.
Three companies closely involved in offshore wind power development offered a glum assessment of the sector’s prospects in the U.S.
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