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Florida Power & Light proposes plan to recover hurricane, increased fuel price costs
After two hurricanes and increases to natural gas prices in 2022, Florida Power & Light Company announced Monday that it had filed a proposal with the Florida Public Service Commission (PSC) to adjust customer rates to recover those unexpected costs. The plan, which the PSC must approve, would ba... Read More »![](https://dailyenergyinsider.com/wp-content/uploads/2022/12/shutterstock_751358878-2-300x200.jpg)
EIA: Wind, solar generation is expected to grow over the next two years
The U.S. Energy Information Administration (EIA) anticipates increased U.S. power generation from new renewables like wind and solar in 2023 and 2024 and less from coal-fired and natural gas-fired power plants. In its Short-Term Energy Outlook, EIA forecasts that wind and solar will account for 1... Read More »![](https://dailyenergyinsider.com/wp-content/uploads/2023/01/222892-DEP_NC_Rate_Case_Photo_Resize_mid-300x169.jpg)
Duke Energy Carolinas seeks approval for three-year rate plan
Duke Energy Carolinas is seeking approval from North Carolina regulators for its three-year rate plan. The plan includes nearly $4.2 billion in future grid infrastructure upgrades to increase reliability and enhance grid security. It also enables renewables and EVs and supports economic developm... Read More »![](https://dailyenergyinsider.com/wp-content/uploads/2023/01/shutterstock_753003004-300x200.jpg)
Portland General Electric touts demolition of final coal plant, reduced outage and restoration times in year-end review
A letter issued last week by Maria Pope, president and CEO of Portland General Electric (PGE), highlighted achievements the company made in 2022 and its priorities for 2023, which included more wide-scale clean energy, reliability updates, and customer energy usage management tools. Reportedly, t... Read More »![](https://dailyenergyinsider.com/wp-content/uploads/2021/09/shutterstock_1457076554-2-300x200.jpg)
Alliance to Save Energy releases report on energy efficiency
On Thursday, the Alliance to Save Energy released its latest report – the 2023 Energy Efficiency Impact Report. The report, a ‘one-stop shop’ for energy efficiency information, quantifies the impact of energy efficiency across sectors of the American economy, alliance members said, and sho... Read More »![](https://dailyenergyinsider.com/wp-content/uploads/2022/03/shutterstock_1930979186-300x200.jpg)
Consumers Energy approved for $25M contribution in automatic bill credits, financial assistance
The Michigan Public Service Commission (MPSC) approved an effort from Consumers Energy last week that will put $25 million into homes and businesses in Michigan through a mix of automatic bill credits and assistance. In terms of bill credits, electric customers began to benefit from $15 million ... Read More »![](https://dailyenergyinsider.com/wp-content/uploads/2022/12/shutterstock_2169583025-1-300x130.jpg)
Southeast Hydrogen Hub gets approval to apply for DOE funding
The Southeast Hydrogen Hub is among the limited number of organizations encouraged by the U.S. Department of Energy (DOE) to apply for $8 billion in funding for regional clean hydrogen hubs through the Infrastructure Investment and Jobs Act. The hydrogen hub is a coalition of several major utilit... Read More »![](https://dailyenergyinsider.com/wp-content/uploads/2021/07/shutterstock_774041968-300x113.jpg)
Orsted to acquire PSEG stake in Ocean Wind 1 off New Jersey coast
Orsted will acquire Public Service Enterprise Group’s (PSEG) 25 percent equity stake in Ocean Wind 1, an 1,100 MW offshore wind project located 15 miles off the coast of southern New Jersey. With the acquisition, Orsted will have 100 percent ownership of Ocean Wind 1. However, PSEG will support... Read More »![](https://dailyenergyinsider.com/wp-content/uploads/2023/01/shutterstock_1471864013-300x192.jpg)