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Energy policy and governance

185 articles

Public Utilities Commission of Ohio

The Public Utilities Commission of Ohio (PUCO) regulates Ohio's electric, gas, telephone, and water utilities, with five commissioners appointed by the governor to staggered five-year terms.

Public Utility Commission of Texas

The Public Utility Commission of Texas, also known as PUCT, regulates Texas's electric, telecommunication, and water and sewer utilities and oversees the ERCOT electric market, and was created in 1975.

Public Utility Regulatory Policies Act

The Public Utility Regulatory Policies Act of 1978 (PURPA) is a federal law requiring electric utilities to purchase power from qualifying facilities at their avoided cost.

ReFuelEU Aviation

ReFuelEU Aviation is a 2023 EU regulation requiring sustainable aviation fuel at EU airports, starting at 2% in 2025 and rising to 70% by 2050.

REMIT Regulation

The REMIT Regulation, a 2011 EU law in force that December, prohibits insider trading and market manipulation in wholesale energy markets and requires reporting of trading data to ACER.

Renewable Energy Certificate

A renewable energy certificate (REC) is a market instrument representing the environmental attributes of 1 MWh of renewable electricity, issued when that power is delivered to the grid.

Renewable Energy Directive II

Renewable Energy Directive II (RED II), formally Directive (EU) 2018/2001, is the EU law replacing the 2009 directive, setting a binding 32% renewables target for 2030, raised to 42.5% in 2023.

Renewable Energy Directive III

Renewable Energy Directive III is the European Union's 2023 revision of its main renewable energy law, raising the binding renewables target to at least 42.5% by 2030.

Renewable Energy Independent Power Producer Procurement Programme

The Renewable Energy Independent Power Producer Procurement Programme (REIPPPP) is South Africa's competitive tender program for procuring renewable energy from private producers, launched in 2011.

Renewable Identification Number

A Renewable Identification Number (RIN) is a credit generated when renewable fuel is produced in or imported into the United States, used to demonstrate compliance with the Renewable Fuel Standard.

Renewable portfolio standard

A renewable portfolio standard (RPS) requires retail electricity suppliers to procure a rising minimum share of power from renewable sources; the first was Iowa's, in 1983.

Renewables Obligation

The Renewables Obligation was the United Kingdom's main support scheme for large-scale renewable electricity, obliging suppliers to present ROCs from 2002 until closure in 2017.

REPowerEU

REPowerEU is the European Union's energy plan, published in May 2022 to end dependence on Russian fossil fuels after the invasion of Ukraine while accelerating the clean-energy transition.

RIIO-T3

RIIO-T3 is the price control set by the British regulator Ofgem for Great Britain's electricity and gas transmission networks, running from April 2026 to March 2031 as the transmission part of the RIIO-3 round.

S&P Global Corporate Sustainability Assessment

The S&P Global Corporate Sustainability Assessment (CSA) is an annual ESG evaluation run by S&P Global since 1999, scoring companies from 0 to 100 relative to industry peers.

Safeguard Mechanism (Australia)

The Safeguard Mechanism is Australia's carbon policy for its largest industrial facilities, requiring emissions to fall below declining baselines; reformed in 2023, it covers over 200 facilities.

Secretariat of Energy (Mexico)

The Secretariat of Energy (Secretaría de Energía, SENER) is the Mexican federal ministry responsible for national energy policy, exercising the nation's rights over hydrocarbons and electricity.

Section 45Q

Section 45Q is a provision of the U.S. Internal Revenue Code providing a production tax credit for carbon oxides captured at industrial facilities, power plants, or from the air.

Section 45X tax credit

The Section 45X tax credit, formally the Advanced Manufacturing Production Credit, is a US federal tax credit for clean energy components and critical minerals produced in America.

Social Climate Fund

The Social Climate Fund (SCF) is a European Union funding instrument of €65 billion supporting vulnerable households as the EU extends carbon pricing to buildings and road transport.

State Corporation Commission (Virginia)

The State Corporation Commission (SCC) is an independent Virginia regulatory agency, created in 1902, that regulates utilities, insurance, banks, securities, and railroads and files corporate charters.

StromVKG (Kraftwerksleistungsgesetz)

StromVKG, formally the Kraftwerksleistungsgesetz, is a German federal law enacted in July 2026 that introduces Germany's first capacity market, auctioning 12 GW of secured capacity from power plants, storage, and controllable loads for 2031.

Sustainalytics

Sustainalytics, now Morningstar Sustainalytics, is an ESG research and ratings firm owned by Morningstar, best known for its ESG Risk Rating covering over 20,000 companies.

Task Force on Climate-related Financial Disclosures

The Task Force on Climate-related Financial Disclosures (TCFD) was a Financial Stability Board body, chaired by Michael Bloomberg, whose 2017 recommendations became a widely used framework for climate-related financial reporting.

Texas Energy Fund

The Texas Energy Fund is a $5 billion state fund administered by the Public Utility Commission of Texas that finances new power plants, created by voters in 2023.

Texas Railroad Commission

The Railroad Commission of Texas, headquartered in Austin and led by three elected commissioners, is the state's primary regulator of the oil and gas industry despite no longer regulating railroads.

TKM Settlement Agreement

The TKM Settlement Agreement is a 2024 cost-recovery settlement under which Southern California Edison may recover about $1.6 billion of its roughly $2.7 billion in losses from the 2017 Thomas Fire and 2018 Montecito Mudslides.

Towards Sustainable Mining

Towards Sustainable Mining (TSM) is a sustainability standard operated by the Mining Association of Canada since 2004, requiring member companies to measure, report, and verify their environmental and social performance.

United States Department of Energy

The United States Department of Energy (DOE) is a cabinet-level US department responsible for energy, environmental, and nuclear security policy, established by President Carter in 1977.

United States Department of Energy National Laboratories

The United States Department of Energy National Laboratories are a system of 17 government-owned research laboratories, stewarded by the Department of Energy, that trace their origin to the Manhattan Project.