The cost of electricity could go down in NY this summer based on forecasts
The cost of electricity supply is expected to remain near historically-low levels in New York this summer, according to the New York State Public Service Commission. Energy price forecasts are down between 1 percent to 3 percent across the state, which could translate to lower supply bills for co... Read More »Credit: Department of Energy
U.S. Energy Department official visits Appalachian region
U.S. Department of Energy (DOE) Under Secretary Mark W. Menezes recently participated in a roundtable discussion with Pennsylvania lawmakers on economic development in the Appalachian region, toured the Shell Ethylene Cracker Plant and participated in an industry roundtable with the Pennsylvania Man... Read More »Credit: Xcel Energy
Xcel Energy to end coal use and include nuclear in new commitment to renewables
Xcel Energy will keep one of its nuclear power plants in Minnesota humming for at least another two decades as part of a wide plan to shut down its two remaining coal plants ahead of schedule and transition to a 100 percent carbon-free fuel mix by 2050. Xcel, along with a cadre of environmental o... Read More »More wind power plants anticipated this year before tax credit phaseout
An Energy Information Administration (EIA) report has determined more wind power plants are anticipated by the end of this year due to the phaseout of the U.S. production tax credit (PTC) in 2020. The EIA’s Preliminary Monthly Electric Generator Inventory noted it is expected wind capacity addi... Read More »House Energy Subcommittee markup of 10 efficient energy, cybersecurity bills spurs leadership remarks
A series of 10 energy bills passed markup at a meeting of the House Energy and Commerce Subcommittee this week, in an effort to make the U.S. energy infrastructure more efficient, more secure, and more diversely operated. “Making the homes and buildings in our communities more energy efficient ... Read More »JCP&L Conducts Annual Storm Restoration Drill to Help Employees Prepare for Real-Life Events
Jersey Central Power & Light (JCP&L) recently completed a successful emergency readiness exercise at its Holmdel office, which tested the company's restoration process in the event of widespread power outages due to severe weather. The exercise was designed to simulate real-time events, prepare e... Read More »FERC approves Freeport liquid natural gas export expansion project
The Federal Energy Regulatory Commission (FERC) recently approved the construction of the Train 4 expansion at the Freeport LNG terminal on Quintana Island near Freeport, Texas. The Train 4 project is an expansion of the liquefaction project currently under construction at the terminal. It inclu... Read More »Vincent Parisi