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North Carolina Town Sues Duke Energy for Climate Fraud

A small town in North Carolina has filed a lawsuit against Duke Energy, one of the largest utility companies in the United States, alleging that the company has been deceptive in its efforts to downplay the environmental impact of its operations. The lawsuit, filed by the town of Smithfield, claims...

Why Net-Zero is Cheaper for the UK

The United Kingdom has set an ambitious target to achieve net-zero greenhouse gas emissions by 2050. This goal necessitates a comprehensive transformation of various sectors, including energy, transportation, and agriculture. While the environmental imperatives are clear, there is growing evidence...

US Households Claim $8.4B in Energy Tax Credits

In a significant boost for the clean energy sector, U.S. households claimed a record $8.4 billion in tax credits for energy efficiency and clean energy improvements in 2023, according to a recent Treasury Department report. This substantial uptake of tax incentives underscores a growing commitment...

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FERC Fines Ketchup Caddy $27M for MISO Fraud

The Federal Energy Regulatory Commission (FERC) has imposed a $27 million penalty on Ketchup Caddy LLC for engaging in fraudulent practices within the Midcontinent Independent System Operator (MISO) demand response program. This decision marks a significant move in FERC's ongoing efforts to safeguard the integrity of energy markets and deter manipulation.

Understanding the Case

The demand response program is a vital component of energy markets, designed to promote grid stability by incentivizing consumers to reduce...

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