From February 23–25, 2022, the Bureau of Ocean Energy Management (BOEM) held a competitive auction for six lease areas in the New York Bight area off the coast of New York (NY) and New Jersey (NJ). After the first day of the...more
On January 5, 2022, as part of the 2022 State of the State, New York Governor Kathy Hochul announced new investments and a plan to advance offshore wind energy development off the coast of New York. Governor Hochul announced...more
1/7/2022
/ Auction ,
Clean Energy ,
Energy Policy ,
Energy Projects ,
Infrastructure ,
New York ,
Offshore Wind ,
Power Infrastructure ,
Renewable Energy ,
Transmission Grid ,
Wind Power
The Public Utility Commission of Texas (PUCT) has issued draft regulations to implement new electric weather-related requirements set forth in Texas Senate Bill 3 (SB 3), which was enacted in response to what the PUCT...more
8/31/2021
/ Comment Period ,
Electric Generation Suppliers ,
Electricity ,
Energy Policy ,
Energy Reform ,
Power Infrastructure ,
Public Hearing ,
Public Utilities Commission ,
Regulatory Agenda ,
Regulatory Requirements ,
Rulemaking Process ,
Severe Weather ,
Transmission Grid
On June 9, 2021, North Carolina Governor Roy Cooper issued Executive Order 218 (NC EO), which targets 2.8 GW of offshore wind (OSW) by 2030 and 8 GW by 2040 and anticipates the creation of 600,000 related jobs and an annual...more
6/14/2021
/ BOEM ,
Clean Energy ,
Energy Policy ,
Energy Projects ,
Executive Orders ,
Job Creation ,
Offshore Wind ,
Power Grid ,
Power Infrastructure ,
Renewable Energy ,
Wind Power
On March 8, 2021, Commissioner Shelly Botkin resigned immediately from the Public Utility Commission of Texas (PUCT), leaving the PUCT with only one sitting commissioner. Somewhat unusually, under Texas’ Public Utility...more
3/15/2021
/ Electricity Costs ,
Energy Policy ,
Oil & Gas ,
Power Infrastructure ,
Power Outages ,
Price Gouging ,
Public Utilities Commission ,
Public Utility ,
Resignation ,
Severe Weather ,
State and Local Government
On March 1, 2021, Potomac Economics, the Independent Market Monitor (IMM) for the Electric Reliability Council of Texas (ERCOT), filed a report with the Public Utility Commission of Texas (PUCT) that certain payments were...more
3/9/2021
/ Ancillary Agreements ,
Clawbacks ,
Electricity Costs ,
Energy Policy ,
Oil & Gas ,
Power Infrastructure ,
Price Gouging ,
Public Utilities Commission ,
Public Utility ,
Severe Weather ,
State and Local Government
In the now obviously challenged Electric Reliability Council of Texas (ERCOT) power market, a strange dance recently occurred. On February 21, 2021, the Public Utility Commission of Texas (PUCT), which oversees ERCOT, issued...more
In the now obviously challenged Electric Reliability Council of Texas (ERCOT) power market, a strange dance recently occurred. On February 21, 2021, the Public Utility Commission of Texas (PUCT), which oversees ERCOT, issued...more