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Officials celebrate the completion of South Fork Wind offshore wind farm

Published on March 18, 2024 by Dave Kovaleski

Federal and state officials celebrated a major milestone last week with the completion of the South Fork Wind offshore wind project located off the coast of Long Island. All 12 turbines for the 130-megawatt wind farm, located 35 miles off the coast of Montauk, have been installed. It is now delivering clean power to the local Long Island electric grid. At full capacity, the approximately 130-megawatt wind farm will generate enough energy to power approximately 70,000 homes. The renewable ene... Read More »
Harry Sideris

Duke Energy names Harry Sideris as president

Published on March 18, 2024 by Dave Kovaleski

Duke Energy appointed Harry Sideris as its new president, effective April 1. Sideris will work under Lynn Good, Duke Energy’s chair and CEO. Good had also served as president, but she will relinquish that role to Sideris. Sideris has worked at Duke Energy for 28 years, most recently serving as EVP of customer experience, solutions and services. In that role, Sideris led transmission, distribution and customer operations, as well as economic development activities. Other previous roles ... Read More »

ComEd refiles multi-year grid plan after Illinois regulators rejected 2023 edition

Published on March 18, 2024 by Chris Galford

After its original multi-year grid plan was rejected by the Illinois Commerce Commission in December 2023, ComEd recently refiled, putting forth a plan inclusive of increased access to clean and renewable energy benefits, with increased focus on affordability, cost effectiveness and benefits. Following last year’s rejection, ComEd returned to stakeholders in the intervening months to discuss issues raised by the commission, with two public meetings, six stakeholder workshops and a variety ... Read More »

Florida Power & Light seeking to further reduce rates

Published on March 15, 2024 by Dave Kovaleski

Florida Power & Light Company is seeking approval from the Florida Public Service Commission (PSC) to further reduce its rates beginning in May. This would be the second rate decrease in a row after the company got a rate decrease approved for April. The approved April rate decrease was due to the fact that a temporary surcharge to recover restoration costs from past hurricanes ends March 31. That means a typical 1,000-kWh residential customer bill will fall nearly $7. The proposed May... Read More »

AES Indiana files to convert Petersburg coal units to natural gas

Published on March 15, 2024 by Chris Galford

In filing a Certificate of Public Convenience and Necessity (CPCN) this week, AES Indiana sought the right to repower Petersburg Units 3 and 4 from coal to natural gas. This would make the utility the latest to push away from coal, as the once dominant energy source continues a rapid decline in American use. Petersburg are the remaining coal units at AES Indiana’s disposal, and their redesignation aligns with the company’s 2022 Integrated Resource Plan that called for the most reliable p... Read More »

Department of Energy pumps $750M into 52 projects to cut clean hydrogen costs

Published on March 15, 2024 by Chris Galford

In a boost to the United States hydrogen industry, the Biden administration recently announced $750 million for 52 projects aimed at advancing electrolysis technologies, improving manufacturing and recycling for clean hydrogen, and adding jobs. “The Biden-Harris Administration is propelling an American-led clean hydrogen economy that is delivering good-paying, high-quality jobs and accelerating a manufacturing renaissance in communities across America,” U.S. Secretary of Energy Jennifer G... Read More »

ComEd proposes Low-Income Discount program to help families within the Federal Poverty Line

Published on March 14, 2024 by Chris Galford

ComEd recently proposed a new Low-Income Discount (LID) program to the Illinois Commerce Commission (ICC) that would, if approved, aid households at up to 300 percent of the Federal Poverty Level (FPL). “ComEd’s newly proposed low-income discount program builds upon our longstanding commitment to keep bills affordable for all customers,” Gil Quiniones, president and CEO of ComEd, said. “Electricity is an essential service, and LID will provide a measure of security for households dea... Read More »

Ameren Missouri rolls out smart meter installations in Cape Girardeau

Published on March 14, 2024 by Dave Kovaleski

Ameren Missouri is in the process of installing upgraded electric smart meters in its service territory. Crews began replacing the old meters with new ones for some 42,000 customers in Cape Girardeau and Dexter on March 4. Customers in Caruthersville, Charleston, Hayti, Portageville and Steele can expect smart meter installation to begin in August. “The smart technology upgrades offered by these new electric meters give customers more convenience, choice and control over their energy use... Read More »

EDF Report: U.S. electric vehicle investments reached $188B over nine years

Published on March 14, 2024 by Chris Galford

Although bolstered further by the Inflation Reduction Act (IRA) of 2022, the trend of electric vehicle manufacturing investments in the United States has been climbing for the last nine years to $188 billion. These were the findings of a new report from the Environmental Defense Fund (EDF): “U.S. Electric Vehicle Manufacturing Investment and Jobs: Characterizing the Impacts of the Inflation Reduction Act” after 18 months. The immediate impact is obvious: most of the aforementioned invest... Read More »

Rhode Island Energy proposes dropping electricity supply prices through Last Resort Service changes

Published on March 13, 2024 by Chris Galford

In its latest proposal to the Rhode Island Public Utilities Commission (RIPUC), Rhode Island Energy recently proposed a supply price drop of more than 40 percent for this spring. Practically speaking, this would bring typical residential customers using 500 kWh per month bills lowered by about $35 per month. The changes target the supply portion of bills, and would see small to mid-size commercial customers get up to a 42 percent decrease, beginning April 1 and running through September 30. ... Read More »
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