| 1. EPA Sets Up Six Greenhouse Gases for Regulation |
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from Power Market Today Apr 20, 2009
Greenhouse gases (GHG) contribute to air pollution and may endanger public health, the U.S. Environmental Protection Agency (EPA) said Friday, setting the stage for expanded regulation of power plant and other emissions under the Clean Air Act and potentially a market for trading emissions credits. While hardly unexpected, the news sent a chill through the power industry.( more )
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| 2. House Dems Eye Plan for Free Utility Emission Allowances |
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from Power Market Today Apr 27, 2009
House Democrats are mulling a plan to give electric utilities 40% of emission allowances under a cap-and-trade program for free, which is equal to the sector's share of carbon dioxide emissions.( more )
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| 3. Wellinghoff: Future Bringing More Renewables and No Nukes
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from Power Market Today Apr 23, 2009
The next 20 years should see the development of an upgraded electric grid, bolstered by fully integrated renewables and electric appliances providing regulation service -- but with few, if any, new nuclear or coal generators -- FERC Chairman Jon Wellinghoff said Wednesday.
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| 4. With Concessions in Hand, Lawmaker Commits to Climate Change |
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from Power Market Today May 15, 2009
Rep. Rick Boucher of Virginia, one of the moderate Democrats on the House Energy and Commerce Committee who had several concerns with the climate change bill, Thursday said he will vote for the legislation in mark-up next week after reaching an accord with Committee Chairman Henry Waxman (D-CA) and Rep. Edward Markey (D-MA) on key matters.( more )
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| 5. Analysts: Gas Pressuring Coal in the Southeast |
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from Power Market Today May 19, 2009
When economists at the Energy Information Administration (EIA) early this year pondered what might put a floor under falling natural gas prices, their first thought was supply curtailments. But attention soon turned to the demand side and the growing economic advantage of gas-fired generation relative to coal-fired plants.( more )
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| 6. Climate Change Bill Voted Out of House Energy Panel |
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from Power Market Today May 26, 2009
The House Energy and Commerce Committee Thursday passed major Democrat-sponsored climate change legislation that seeks to significantly reduce carbon emissions over the next few decades, as well as bolster the authority of federal regulators in carbon and energy markets.( more )
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| 7. House Approves Climate Change and Energy Bill
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from Power Market Today Jun 29, 2009
The House went down to the wire Friday on the sweeping climate change and energy bill, with lawmakers passing it by the slimmest of margins. House Democrats managed to keep climate change alive in this Congress -- barely.
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| 8. FERC Sees Power Market Responding to Market Forces |
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from Power Market Today Apr 17, 2009
The U.S. electricity market in 2008 was primarily driven by outside forces, notably fuel and commodity prices and the financial crisis, similar to "a boat floating on the ocean," according to the Federal Energy Regulatory Commission's report on the State of the Markets 2008.( more )
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| 9. House Republicans Blast Cap-and-Trade System for GHG Emissions |
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from Power Market Today Apr 22, 2009
House Energy and Commerce Committee ranking member Joe Barton (R-TX) and other Republicans Tuesday took pot shots at the Democrats' proposed cap-and-trade system for controlling greenhouse gas (GHG) emissions, saying it would deepen the nation's economic turmoil by driving up energy prices and sending millions of jobs overseas. ( more )
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| 10. SoCal Edison Drops Arizona Segment of DPV2 Power Line |
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from Power Market Today May 18, 2009
Southern California Edison Co. (SCE) is abandoning its plans for the Arizona portion of a second high-voltage electric transmission line linking California and Arizona's power grids, it said Friday. The action comes just days before the Arizona Corporation Commission's (ACC) open meeting on the transmission project, which was set for Tuesday in Phoenix.( more )
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