Category: ISONE
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US Bureau of Ocean Energy Management Formulates New Offshore Oil and Gas Leasing Plan Extending to Gulf of Maine
The Trump administration is formulating a new offshore oil and gas leasing plan that could extend to the Gulf of Maine. This initiative, spearheaded by the U.S. Bureau of Ocean Energy Management, aims to establish a five-year schedule for the Outer Continental Shelf, superseding the current plan under President Biden which prioritizes the Gulf of…
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New England Residents Face Rising Energy Costs as Summer Approaches
New England residents can expect to see energy costs rise as summer approaches. Following a winter marked by significant energy bill increases, the prospect of another surge is concerning for many. Above-average temperatures are predicted for the region, according to the Climate Prediction Center, leading to increased demand for air conditioning and, consequently, higher energy…
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Northeast States Collaborative Unveils Strategic Action Plan to Enhance Energy Security and Lower Costs Across 9 New England States
The Northeast States Collaborative has released a strategic action plan designed to enhance energy security and lower costs for consumers across New Jersey, Connecticut, Delaware, Maine, Maryland, Massachusetts, New York, Rhode Island, and Vermont. This plan details actionable steps for state, regional, and federal entities to improve interregional transmission planning. The collaborative, formed through a…
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Northeast States Join Forces to Enhance Electricity Transmission Infrastructure
Northeast states are joining forces to enhance their electricity transmission infrastructure. This collaborative project aims to develop and seek out proposals for transmission lines that link the region to PJM, ISO-NE, and New York. The primary objectives are to bolster grid dependability, lower energy expenses, and ease the incorporation of renewable energy technologies. The effort…
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New England Power Grid Experiences Record Low Demand Over Easter Sunday
Sunday afternoon saw New England’s power grid experience an unprecedented drop in demand, reaching a record low of 5,318 megawatts between 1 and 2 p.m. This figure, released by ISO New England, significantly surpasses the previous record set last April. The mild temperatures, with many areas reaching into the 60s, combined with the Easter holiday,…
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New Hampshire Energy Policy Update: Progress and Setbacks Ahead
New Hampshire Energy Policy Update: Progress and Setbacks Ahead In recent weeks, the New Hampshire State House has witnessed significant developments in various energy-related policy fronts. Two bills aimed at reorganizing the state’s current energy regulatory system have passed in the Senate, with one of them currently being considered by the House. This effort seeks…
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Potential Canadian Electricity Import Ban Could Increase US Fossil Fuel Prices
Potential Canadian Electricity Import Ban Could Increase US Fossil Fuel Prices A proposed import ban on Canadian electricity could have a significant impact on the US fossil fuel market, leading to increased prices for US consumers. The ban would likely lead to higher costs for utilities, with estimates suggesting an increase of up to 3%…
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Key Takeaways from the Grid Operators Gathering
Key Takeaways from the Grid Operators Gathering The pressing issue of reliability gaps in the US power system demands immediate attention from grid operators, utilities, and infrastructure developers. A recent gathering of grid operators has shed light on the key points that need to be addressed to prevent jeopardizing major national priorities. Load growth driven…
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ISO-NE Issues Transmission Request For Procurement of Longroad Wind Farm Project
ISO-NE has issued a transmission request for procurement (TRFP) to access new wind resources in New England. The project, known as Longroad Wind Farm, aims to generate 100% of the state’s electricity from clean sources by 2050. The TRFP process allows states to request that the grid operator pursue transmission investment “that is grounded in…