Regional Greenhouse Gas Initiative (RGGI)
The Virginia General Assembly wrapped up its session and Democrats used the power they won in November's elections to push through bills favoring clean energy as the state faces significant load growth from data centers.
New Jersey is studying whether to use funds from the Regional Greenhouse Gas Initiative to keep down electricity rates and restructure the way utilities are compensated in an effort to reduce the pressure on electricity prices.
Pennsylvania has withdrawn from the Regional Greenhouse Gas Initiative as part of an overdue budget compromise signed by Gov. Josh Shapiro.
New Jersey's latest draft investment plan for its Regional Greenhouse Gas Initiative funds would broaden the state's portfolio to include electrifying multifamily housing and accelerating investment in wind and solar infrastructure.
A Republican vigorously pushing gas and nuclear generation will face a Democrat who favors solar as a way to meet the state’s growing electricity needs.
The amount of stress to the grid posed by data centers is so uncertain it could hamper New Jersey’s effort to plan new generation and transmission, speakers at a clean energy conference said.
New Jersey is investing up to $13 million in a pilot project to put six hydrogen fueled trucks to work in the Port of New York and New Jersey.
As the Trump administration pulls federal support for environmental justice programs, ISO-NE’s first environmental and community affairs advisor remains optimistic about the RTO’s efforts to engage historically overlooked communities.
With a goal of registering 330,000 EVs in the state by 2025, New Jersey has more than 215,000 EVs on the road. The state gained momentum in 2023, adding about 62,500 vehicles for a 68% year-over year jump in sales.
The Market Monitoring Unit said that even though all-in prices were slightly down, NYISO energy costs generally were up by 4 to 26% in most areas.
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