The California Public Utilities Commission approved energy storage procurement proposals of the state’s large investor-owned utilities for the 2018 biennial procurement period, according to an Oct. 31 decision. The 2018 cycle is the third of the four solicitation cycles the commission directed the utilities to conduct following the 2010 Energy Storage Law. In 2013, California…
Retail electricity prices for customers enrolled with competitive suppliers in the New England region are less volatile compared to wholesale power prices, although temporary price hikes occur when wholesale prices experience the largest increases, according to an Oct. 31 report from the U.S. Energy Information Administration. All the New England states except Vermont have deregulated…
The Indiana Utility Regulatory Commission approved a settlement increasing Indianapolis Power & Light’s annual revenues by about $43.9 million, resulting in a $5.18 hike in monthly residential bills, according the agency’s Oct. 31 press release. In February, the utility lowered its revenue request to $96.7 million from its initial request of $124.5 to account for…
Northern Indiana Public Service Company LLC, a subsidiary of NiSource Inc., on Oct. 31 filed its 2018 integrated resource plan with the Indiana Utility Regulatory Authority, detailing a strategy to retire its coal-fired generation portfolio over the next decade and transition to more cost-efficiency renewable energy. The resource plan charts a path to meet customer…
Massachusetts electric and gas utilities on Oct. 31 filed a joint energy efficiency plan with the Massachusetts Department of Public Utilities proposing an investment of $2.77 billion over three years from 2019 to 2021. The proposal seeks to invest over $200 million more in the new plan compared to the prior three-year period and achieve…
The Department of Energy announced its inaugural Grid Optimization (GO) Competition consisting of a series of challenges to develop software that will improve the reliability, resilience and security of the nation’s power grid. In an Oct. 31 press release, U.S. Secretary of Energy Rick Perry recognized that the grid has become more diverse, with the…