Electric

DOE Berkeley Lab looks at progress made toward zero emissions

Published on April 15, 2021 by Dave Kovaleski

A new report from the U.S. Department of Energy’s Lawrence Berkeley National Laboratory outlines how much progress the power sector has made in reducing carbon emissions over the past 15 years. The report, called Halfway to Zero: Progress towards a Carbon-Free Power Sector, found that the prog... Read More »

COVID-19 pandemic contributes to 11 percent decrease in U.S. energy-related CO2 emissions in 2020

Published on April 15, 2021 by Chris Galford

Primarily due to the COVID-19 pandemic and its related restrictions, the Energy Information Administration’s (EIA) latest Monthly Energy Review reported that U.S. CO2 emissions decreased by 11 percent last year, tumbling in every end-use sector. It was the first such fall since 2012, but change... Read More »

Duke Energy introduces tool to help drivers determine how much they will save using EVs

Published on April 14, 2021 by Dave Kovaleski

Duke Energy has released a new tool that lets drivers calculate how much money they will save by driving an electric vehicle (EV). Duke’s Electric Vehicle Savings Calculator allows drivers to make cost comparisons between driving their current vehicle and driving an EV. “Drivers want spe... Read More »

Indiana, Kansas add new financial tool for coal plant retirement

Published on April 13, 2021 by Tom Ewing

Indiana and Kansas are now among the states authorizing utility commissions to use securitization to allow electric utilities to finance the early retirement of certain generating plants. The financing mechanism has been around for a long time, but more recently has been used as a public policy ... Read More »

Tree-trimming efforts at Ohio Edison see $22M budget for 2021

Published on April 13, 2021 by Chris Galford

In an effort to reduce potential damage from severe weather, Ohio Edison will pump $22 million into vegetation management this year for the 34 counties it services in Ohio. This work will target the area around 5,050 miles of power lines. So far, nearly 1,200 miles of electric lines have already... Read More »

Tampa Electric submits proposal for new rate plan with Florida PSC

Published on April 13, 2021 by Dave Kovaleski

Tampa Electric filed a plan with the Florida Public Service Commission (PSC) for new rates that, if approved, would take effect in January 2022. If the plan gets the go-ahead, residential customers would see an increase of about 19 percent in 2022 to $125.48 for the average use of 1,000 kilowatt-... Read More »

Bill to provide investment tax credits for regional transmission projects introduced in Congress

Published on April 12, 2021 by Dave Kovaleski

Legislation was introduced last week in Congress to create an investment tax credit to promote the construction of regionally significant transmission projects across the nation. The Electric Power Infrastructure Improvement Act, introduced by Reps. Steven Horsford (D-NV) and Susie Lee (D-NV), an... Read More »

NASEO-EFI: Energy workers’ hourly wages about 34 percent higher than median national average

Published on April 09, 2021 by Chris Galford

Building on annual United States Energy and Employment Reports and the five-Year Energy and Employment Report, the Energy Futures Initiative (EFI) and the National Association of State Energy Officials (NASEO) released a new report this week showcasing massive median wage gains for energy workers ov... Read More »

Washington UTC staff gives OK to Puget Sound Electric rate adjustment

Published on April 08, 2021 by Dave Kovaleski

Staff at the Washington Utilities and Transportation Commission (UTC) settled a request from Puget Sound Energy (PSE) to increase electric rates. The multiparty settlement calls for a $65 million general revenue increase of $65.3 million. Consequently, the average residential electric customer�... Read More »

Portland General Electric announced funding opportunities for EV, clean energy programs

Published on April 08, 2021 by Dave Kovaleski

Portland General Electric (PGE) announced three new funding opportunities for local clean energy and electric vehicle projects. The funding opportunities come through the Renewable Development Fund, Electric School Bus Fund, and Drive Change Fund, made possible through PGE customer clean energy ... Read More »