Trump Tariffs
The Ontario premier said he would suspend the 25% tariff on electricity exports to the U.S. after speaking with Commerce Secretary Howard Lutnick and receiving threats of additional tariffs by President Donald Trump.
Ontario Premier Doug Ford followed through on a threat to implement a 25% tariff on electricity exports to the US, a response to President Trump's own 10% tariff that went into effect last week.
Uncertainty around federal funding, permitting approvals and tariffs is creating major challenges for clean energy development in the Northeast, industry representatives said at NECA’s annual Renewable Energy Conference.
New England energy market revenues increased by roughly 150% in the winter of 2024/25 compared to the prior winter.
The House Energy and Commerce Subcommittee on Energy looked into demand growth, which both parties recognized as an opportunity that could benefit policy changes, though plenty of daylight exists on how to address it.
Ontario Premier Doug Ford announced the province will enact retaliatory 25% tariffs on its electricity transports to the U.S. or even halt exports if President Donald Trump doesn’t stand down in a burgeoning trade war.
ISO-NE requested authorization from FERC to collect import tariffs while simultaneously arguing that the RTO “is not the appropriate entity” to do so.
NYISO presented the Installed Capacity Working Group with two proposals it plans to file with FERC to give itself the means to collect duties in case President Trump’s tariff on Canadian energy imports applies to electricity.
NERC's chair and CEO touted the ERO's work across borders in a Board of Trustees meeting that featured leadership turnover and an initiative to remake the standards development process.
NYISO still is looking for clarification on President Donald Trump’s pending 10% tariff on energy imports, Mark Seibert, manager of ISO member relations, told the Liaison Subcommittee.
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