Despite coal-power output in the US falling to its lowest level in nearly 60 years, the nation’s greenhouse gas emissions fell by just 0.2 per cent in 2024, according to new research from the Rhodium Group.
An open access grid regime introduced last September has seen enthusiasm from corporate players, but the country's Energy Commission wants to balance freeing up the market to meet growing demand, such as from data centres, with oversight.
Industry players welcome Singapore’s plan for a global framework to recognise RECs from cross-border electricity trading outside single markets, like the EU and the US, but stress the need to prevent double counting and ensure transparency.