Reliability
The Northeast Power Coordinating Council’s annual winter reliability assessment forecasts the northeast region will have an adequate supply of electricity this winter to meet projected peak demand under a variety of forecasted weather conditions, it said on Jan. 3.
Generation
The U.S. Department of the Treasury and Internal Revenue Service on Jan. 3 released final rules for the section 45V Clean Hydrogen Production Tax Credit established by the Inflation Reduction Act.
Working together to keep public power strong
Electricity Markets
The U.S. General Services Administration on Jan. 2 announced a historic long-term purchase of electricity in an agreement with Constellation New Energy Inc.
Electricity Markets
The state of Pennsylvania and Josh Shapiro, the state’s governor, on Dec. 30 filed a complaint against the PJM Interconnection tied to PJM’s capacity auctions. The complaint alleges that flaws in PJM’s capacity auction design threaten to impose significant new price increases.
Distributed Energy Resources
Massachusetts Municipal Wholesale Electric Company, the designated joint action agency for municipal utilities in Massachusetts, announced it has received a direct payment from the Internal Revenue Service for $2.34 million under the Inflation Reduction Act.