article thumbnail

PJM Interconnection Hears Testimony On Making Electricity Market Reforms To Address Nonperformance Of Natural Gas And Other Generators During Winter Storm Elliot; Transition To Clean Energy

PA Environment Daily

On August 23, the PJM Interconnection Critical Issue Fast Path Resource Adequacy stakeholder group heard testimony and suggestions on the issue of making electricity market changes to address nonperformance of natural gas and other generators during emergencies and events like Winter Storm Elliot in December. Read more here.

article thumbnail

NRDC: PJM Interconnection Delays In Queue To Approve Renewable Energy Projects Threatens State Transition To Clean Energy; PJM Has Approved 35,000 MW Of Renewables

PA Environment Daily

In order for states in PJM to take full advantage of incentives under the federal Inflation Reduction Act (IRA), PJM must remove barriers to meeting the market and policy demand for cheap and clean energy. For context, there were 200 GW of clean energy resources operating in the entire U.S. Read more here.]

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

IFO Reports PA Natural Gas Prices Increased 187.1% In Last Year, Higher Than Henry Hub Price

PA Environment Daily

percent increase in the Pennsylvania price for natural gas since the third quarter of 2020, even higher than the 120.1 percent increase in natural gas production in the third quarter over the same quarter in 2020 to 1,884 billion cubic feet of gas. Production The IFO reported there was a 6.8

article thumbnail

Homer City Coal-Fired Power Plant To Close In Indiana County; Low Price Of Natural Gas, High Price Of Coal, Regulatory Burdens, RGGI Cited As Causes

PA Environment Daily

Homer City based its decision on several factors including the low price of natural gas, a dramatic spike in the cost of its ongoing coal supply, unseasonably warm winters and increasingly stringent environmental regulations. On April 3, Homer City Generation, L.P. Homer City will see tiered layoffs as a result.

article thumbnail

PUC: Electric Utilities To Increase Cost Of Electricity They Provide To Non-Shopping Customers Dec. 1, Some As High As 50%; Increases Driven By Price Of Natural Gas

PA Environment Daily

On November 16, FirstEnergy reported , “The price of natural gas – which makes up the largest share of U.S. percent increase in the Pennsylvania price for natural gas since the third quarter of 2020, even higher than the 120.1 cents to 7.98 Read more here. [On Read more here.] “The

article thumbnail

Germany’s early nuclear shutdown came with a heavy carbon price?

A Greener Life

Germany has six remaining nuclear reactors which are due to be closed down next year which will remove a huge source of zero-carbon electricity from the German economy unable to be taken up by other clean energy sources such as solar and wind. Around 75% comes from fossil fuels: burning coal, natural gas and oil.

article thumbnail

Right on Energy: Section 45V Hydrogen Production Tax Credit  

Cresforum

Introduction Hydrogen has been dubbed the “Swiss army knife” of clean energy, given its potential to become a tool to cut emissions in key sectors, as well as to assert U.S. global energy leadership and increase our nation’s competitive edge. According to the U.S. Growth in the U.S. 5, USDOE_FE_Hydrogen_Strategy_July2020.pdf