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The End of the Road for Transmission Incentives

In a significant shift, the Federal Energy Regulatory Commission (FERC) has decided to abandon its transmission incentives policy, particularly the construction work in progress (CWIP) incentives. This decision marks a pivotal change in how transmission projects are financed and regulated,...

US Households Claim $8.4B in Energy Tax Credits

In a significant boost for the clean energy sector, U.S. households claimed a record $8.4 billion in tax credits for energy efficiency and clean energy improvements in 2023, according to a recent Treasury Department report. This substantial uptake of tax incentives underscores a growing commitment...

North Carolina Town Sues Duke Energy for Climate Fraud

A small town in North Carolina has filed a lawsuit against Duke Energy, one of the largest utility companies in the United States, alleging that the company has been deceptive in its efforts to downplay the environmental impact of its operations. The lawsuit, filed by the town of Smithfield, claims...

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FERC Fines Ketchup Caddy $27M for MISO Fraud

The Federal Energy Regulatory Commission (FERC) has imposed a $27 million penalty on Ketchup Caddy LLC for engaging in fraudulent practices within the Midcontinent Independent System Operator (MISO) demand response program. This decision marks a significant move in FERC's ongoing efforts to safeguard the integrity of energy markets and deter manipulation.

Understanding the Case

The demand response program is a vital component of energy markets, designed to promote grid stability by incentivizing consumers to reduce...

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