Rate Increases

Jul 20, 2023 | nrdc.org | Dana Ammann |Rate Increases

When the eastern United States was sheathed in snow and extreme cold during Christmas week last year, the electric grid was hit with a surprise. While they had planned for some generator outages, natural gas plants failed to the point where a quarter of PJM generation capacity was offline on Christmas Eve. According to PJM’s newly released and much anticipated Winter Storm Elliott report, this included 40 gigawatts (GW) of coal and natural gas.

May 18, 2023 | nrdc.org | Dana Ammann |Rate Increases

The clean energy transition is reaching a critical inflection point. Over the past decade, states have led the way in planning and incentivizing the development of renewables by setting ambitious targets known as renewable portfolio standards (RPS.) The passage of the Inflation Reduction Act (IRA) in 2022, the most ambitious climate legislation in U.S. history, will further boost the availability of cost-effective renewable power.