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Senators National Energy Policy Vision Leads to a Hopeful Future

Peter Lehner

Forty-five senators have sent a letter to the nation’s 50 governors with forward-thinking principles about what America’s energy future could look like. These senators argue that national energy policies should spur investment in our energy infrastructure to provide all Americans with affordable, reliable and cleaner energy, and cut carbon pollution to address the impacts of climate change   …Continue Reading

ERC: Electricity Price Trends for the Week Ending June 26

Jim Moore

Short-Term Price Benchmark* Trends After two weeks of treading water, the average price benchmark for power dropped last week by 0.60 percent. Declining prices were lead by Connecticut, Texas, New York and Ohio. Exceptions to the generally downward shift in prices last week were Illinois (+4.54 percent), and to a lesser extent Maryland (+1.69 percent).   …Continue Reading

Wholesaler and Retailer Team to Deliver Renewable Power to Businesses

Cheryl Kaften

Renewable Power Direct and Xoom Energy announced they have formed an alliance to provide commercial and industrial customers in a number of markets that are open for retail access – among them, the Texas, New England, and Mid Atlantic markets – with delivery options for up to 100 percent renewable electricity. Business customers in these   …Continue Reading

TCAP Member Cities Receive $750,000 in Rebates

Cheryl Kaften

Nearly 90 percent of the Texas Coalition for Affordable Power (TCAP’s) members will receive adjusted disbursements – ranging from a few hundred dollars to tens of thousands – based on their individual electric usage and other factors. Since 2011, the Austin-based nonprofit coalition said TCAP members have received more than $8 million in refund checks.   …Continue Reading

Illinois Commerce Commission: Design Elements of MISO Auction Need Re-examining

Cheryl Kaften

The Illinois Commerce Commission (ICC) approved comments on June 29, set to be filed with the Federal Energy Regulatory Commission (FERC) in three separate complaint cases regarding the Midcontinent Independent System Operator’s 2015-2016 Planning Resource Auction. The complaints were filed by the advocacy group Public Citizen, the Illinois Attorney General; and the Southwestern Electrical Cooperative,   …Continue Reading

ISO-NE Updates Real-Time Fuel Mix Chart

Cheryl Kaften

Last December, ISO New England, the operator of the region’s bulk power system and wholesale electricity markets, completed a multi-year transition to a new market system that allows generators to submit supply offers on an hourly basis – an enhancement that will help improve power system reliability. On June 29, ISO-NE announced that it had updated   …Continue Reading

Report: Europe’s Declining LNG Demand Could Disrupt US Plans to Export

Cheryl Kaften

A briefing paper issued in June by the London-based advocacy group E3G/Third Generation Environmentalism could put the kibosh on US plans to end Russia’s domination of the EU energy market by exporting liquid natural gas to the region by year-end 2015. The E3G report finds that, despite optimistic official EU projections, LNG demand is falling in   …Continue Reading

CIT Provides $75M in Financing to AES Distributed Energy

Cheryl Kaften

A syndicate of banks led by CIT Corporate Finance – Energy, of New York City announced the closing of $75 million in financing on June 25 to an affiliate of Boulder, Colorado-based AES Distributed Energy, a developer, owner, and operator of distributed energy projects. The financing will partially fund the purchase by AES of residential   …Continue Reading

Don’t Write Off Energy Efficiency. It’s Just about to Have Its Day.

Matt Golden

About a week ago, economists from the University of Chicago and the University of California, Berkeley released a study that called into question the cost-effectiveness of energy efficiency. The study was based on the team’s analysis of energy savings shortfalls in the Michigan low income Weatherization Assistance Program. Since then, a host of articles have used the   …Continue Reading

Businesses Offered ‘Instant Rebates’ via Utility Program

Linda Hardesty

Hawaii Energy launched a Lighting Distributor Instant Rebate program to provide businesses, and the contractors who serve them, instant lighting rebates (as much as 75 percent of costs) at the time of purchase. Hawaii Energy, the ratepayer-funded energy conservation and efficiency program for Hawaii, Honolulu and Maui counties, developed the program to help contractors and   …Continue Reading