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PJM Urges FERC to Dismiss Complaint Over Soaring Capacity Auction Costs

In a recent development, the PJM Interconnection, along with independent power producers and clean energy trade groups, has urged the Federal Energy Regulatory Commission (FERC) to dismiss a complaint filed by ratepayer advocates concerning PJM's last capacity auction. The complaint, which seeks to...

EPA and Texas work together on Greenhouse Gas Permit

Permit will help achieve reductions in carbon pollution and cleaner sources of energy DALLAS – The U.S. Environmental Protection Agency (EPA) has issued a final greenhouse gas permit (GHG) to Equistar Chemicals, Corpus Christi, Texas. The permit is the first to be drafted by the Texas...

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The End of the Road for Transmission Incentives

In a significant shift, the Federal Energy Regulatory Commission (FERC) has decided to abandon its transmission incentives policy, particularly the construction work in progress (CWIP) incentives. This decision marks a pivotal change in how transmission projects are financed and regulated, potentially impacting stakeholders across the energy sector.

Historically, transmission incentives, including CWIP, were designed to encourage investment in the nation's aging and overburdened transmission infrastructure. By allowing utilities to recover costs during the construction phase,...

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