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In "one of the largest and most brazen frauds in the history" of FERC, American Efficient has been ordered to pay a civil penalty of $722 million and disgorgement of unjust profits totaling about $410 million.
Despite harsh weather and unprecedented load growth expected throughout the Western Interconnection, Arizona utilities said they are well prepared to meet demand reliably in summer 2026.
Panelists at the New York Energy Summit offered assessments and strategies for the obstacles facing the state’s continuing efforts toward decarbonization.
FERC Chair Laura Swett told the Energy Bar Association that she wants to push the commission’s authority as far as she can.
Renewable energy certificate contracts signed years ago did not contain cost adjustment mechanisms and New York is refusing to consider adding them now, after construction costs soared.
Panelists at the 2026 New York Energy Summit discussed the challenges facing the state's power grid amid a constantly shifting landscape.
Hydropower generation in the Northwest and Rockies is expected to increase 17% from 2025 levels despite snow drought conditions, the U.S. Energy Information Administration said.
MISO expects to manage a 163-GW demand peak by 2035, and potentially 230 GW by 2046 in a high-demand environment, according to the RTO’s first crack at comprehensive long-term load forecasting.
The Bonneville Power Administration said it continues to face steep energy deficits under “firm” water conditions over the next 10 years — but the outlook is slightly better than what the agency foresaw a year ago.
PJM’s Market Implementation Committee endorsed an issue charge to explore how dual-fuel gas generators should reflect the downtime needed to switch fuels in their requirement to offer into the energy market.
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