Remove 2024 Remove Electricity Remove Natural Resources
article thumbnail

Natural Resources Defense Council: The Cost Of Slow-Walking Clean Energy Can Be Seen In Latest PJM Electricity Prices

PA Environment Daily

On July 30, the PJM Interconnection announced the results of its 2025/26 capacity auction, which revealed that costs will be roughly seven times greater than in 2024/25. Related Articles This Week: -- PJM Electricity Auction Price 9 Times Higher Than Previous Auction-- $269.92/MW-Day Read more here.] billion to about $14.7

article thumbnail

Changes to California’s Electric Truck Proposal Could Reap Huge Climate and Air Quality Gains

Union of Concerned Scientists

Moving the requirement for 100 percent zero-emissions HDV sales up to 2036 from 2040 would result in more than 130,000 additional electric trucks on the road in 2050, according to research recently contracted by the Union of Concerned Scientists (UCS) and the Natural Resources Defense Council.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

PennFuture: Dramatic PJM Electricity Price Increases Due To Forced Outages Of Gas Power Plants; Huge Backlog Of New Generation Projects; Demand Growth Driven By Data Centers, Cryptocurrency Mining

PA Environment Daily

On August 1, PennFuture released this statement related to the latest PJM Interconnection electricity auction that resulted in a dramatic increase in electricity prices in the PJM footprint for delivery in 2025-26. per megawatt-day, a staggering increase of over 9 times compared to the 2024/25 clearing price of $28.92.

article thumbnail

Guest Essay: Claims That Only Thermal Energy Resources Can Ensure Electric Grid Reliability Don’t Pass The Laugh Test

PA Environment Daily

By John Quigley, Kleinman Center For Energy Policy , University of Pennsylvania The challenge of decarbonizing the electricity grid while ensuring its reliability is acute in Pennsylvania. The Commonwealth is the nation’s third-largest electricity producer , and exports more of it than any other state. per year over the next ten years.

article thumbnail

Kleinman Center For Energy Policy: The High Price Of Failing To Transition To Clean Energy In PJM Footprint; Next PJM Auction Is In December

PA Environment Daily

By John Quigley, Senior Fellow, Kleinman Center Next year, the electricity bills for twenty percent of Americans will start reflecting the high cost of failing to transition to clean energy. The cost of lining up those resources has skyrocketed—by a factor of almost seven—to a record high level. Partners Host Aug.

article thumbnail

Gov. Shapiro Announces Commitment To Get 50% Of Electricity For State Government From Solar Energy Facilities In Pennsylvania

PA Environment Daily

By next year, Pennsylvania will get 50 percent of its electricity from ten new solar arrays around the Commonwealth – making Pennsylvania the first state in the country to commit to getting half of its energy from solar power. Click Here to learn more about Gov. Shapiro’s Energy/Climate Plan.

article thumbnail

PA Assn. Of Environmental Professionals Host Nov. 12 Webinar On Threatened, Endangered Species Policy Updates

PA Environment Daily

Fish and Wildlife Service regulations implementing the federal Endangered Species Act, evolving protections for the tricolored bat and northern long-eared bat, and potential policy implications of the 2024 election. Samuel Boden is an associate in the environment, land, and natural resources group in the Harrisburg office.