5 key power-sector storylines to watch at US federal agencies in 2020
With a slate of key rulemakings either finalized or nearing completion, 2020 could see a slew of crucial court rulings and federal agency actions that shape the fate of the Trump administration's energy deregulatory agenda.
Public Citizen: Subsidiary of Goldman Sachs is misrepresenting affiliation
Hot on the heels of its successful challenge to a JPMorgan Chase & Co. subsidiary's involvement in the proposed sale of El Paso Electric Co., Public Citizen is now claiming that a subsidiary of Goldman Sachs Group Inc. is mischaracterizing its relationship with its parent.
US Congress: Climate, clean energy tax bills to be 'front and center' in 2020
Despite facing low odds of enactment, U.S. lawmakers are likely to keep pushing ambitious legislation in 2020 to address climate change as they sharpen their messages on the issue ahead of the November elections.
Democrats to target 100% US clean energy standard in pending climate bill
The U.S. would need to derive 100% of electricity sales from clean energy resources by 2050 under a draft climate change bill that Democratic lawmakers will unveil later in January.
SEC proposed rule would have blocked 614 ESG resolutions since 2010, data shows
Since 2010 more than 600 environmental, social and governance-related resolutions likely would have never advanced under a newly proposed rule by the U.S. Securities and Exchange Commission, according to data the Sustainable Investments Institute shared with S&P Global Market Intelligence.
2019 marked with states upping climate efforts amid federal rollbacks
New 100% clean electricity supply mandates are among the climate-friendly measures a number of states and one territory adopted in 2019 while most of the climate-related actions taken by federal agencies and the White House during the year focused on rolling back environmental protections and efforts to address climate change.
FERC clears PJM's 2nd try at price-responsive demand program updates
The PJM Interconnection's second attempt at power market rule changes that would update its price-responsive demand, or PRD, program to conform to requirements imposed on capacity performance resources received the nod from the Federal Energy Regulatory Commission.
EPA science panel questions Trump energy rule rollbacks
A federal advisory panel that provides scientific guidance to the U.S. Environmental Protection Agency raised concerns with some of the Trump administration's efforts to undo or relax environmental regulations affecting the energy sector.
NYISO outlines power market design change priorities, 2020 timelines
The New York ISO has clarified the timing around some of its price formation and capacity market design change projects that are needed as the power grid transitions to help meet the state's ambitious climate change adaptation strategy.
Ontario grid operator admits to gaffe that caused 2016-17 power price spikes
Ontario's electricity grid operator said a demand-calculation error caused power costs to spike between May 2016 and April 2017 but disputed the provincial energy market watchdog's claim that the gaffe added as much as C$560 million to wholesale prices.
ISO-NE pitches vehicle for critical resources to recover cybersecurity costs
Looking to mitigate a financial disadvantage imposed on a small subset of resources deemed critical to maintaining grid reliability, ISO New England has proposed a mechanism that would allow these resources to recover costs tied to their compliance with more stringent cybersecurity requirements.