ERCOT’s interim CEO Brad Jones continued his push for a gas desk before Texas legislators, who are also toying with the idea of a gas market monitor.

The state Energy Commission adopted a key report and opened a proceeding aimed at decarbonizing the natural gas sector, including with heat pumps and hydrogen.

PJM energy prices last year surged to their highest levels since 2014, more than making up for declines from the pandemic-driven economic downturn in 2020.

New Jersey could dramatically cut greenhouse gas emissions from buildings – the state’s second largest source of emissions – by replacing fossil-fueled boilers with heat pumps and other electric appliances and beefing up incentives for the equipment, according to a recent report from the New Jersey Conservation Foundation. Heat pumps can replace furnaces or boilers, …

Continue reading "NJ Enviros: Heat Pumps Can Cut Building Emissions, Costs"

New York officials on Thursday outlined a schedule to complete a final scoping plan by year-end to reduce economywide greenhouse gas emissions.

Consolidated Edison on Thursday reported 2021 net income of $1.35 billion ($3.86/share), up 22.3% compared with $1.1 billion ($3.29/share) the previous year.

Maryland lawmakers are confident they will adopt more ambitious climate goals in 2022, after differences among Democrats stalled action last year.

Levelized cost of energy called a "flawed metric" and a 100% renewable grid could raise costs and affect reliability, experts say.

In its yearly Wall Street briefing, the Edison Electric Institute stressed the importance of extending federal tax credits for renewable resources.

A Washington bill would require natural gas utilities to create GHG reduction plans by 2024. Industry critics say that's too soon.