Angelique Mercurio, chief executive of EnerKnol, discusses shifts in U.S. midcontinent state policies affecting renewable energy with Argus…....
EnerKnol’s Visual Primer – Virginia’s Legislative Package and Dominion’s IRP Reflect New Role for Clean Energy
Virginia has enacted a suite of clean energy bills that will help expand renewable energy and energy efficiency across the state. The legislation increases opportunities for community solar, pumped storage, battery technologies, and green development zones, bringing a remarkable turn in a state that has generally lingered over clean energy development. Amid legislative efforts to advance Virginia’s clean energy future, the state’s largest utility Dominion Energy also presented solar as a central piece of its 2017 Integrated Resource Plan. The new legislative package and the underlying market developments set Virginia up for a sustainable energy policy that supports economic development.Details
EnerKnol’s Visual Primer – FERC Technical Conference Signals Market Reforms to Accommodate State Policies
The Federal Energy Regulatory Commission (FERC) held a technical conference to determine whether state policies and objectives can be achieved through market mechanisms of the Eastern RTOs/ISOs. Discussions signal market reforms that will focus on solutions that harmonize and accommodate state policy requirements with wholesale markets. Reforms will likely address market mechanisms to value resource attributes and internalize carbon costs within wholesale electricity prices.Details
EnerKnol’s Visual Primer – Court Decision Reiterates FERC Authority over Interstate Transmission Planning
Recent court rulings on FERC Order No. 1000 uphold FERC authority over regional planning, placing federal regulators at the helm of modernizing the electric grid particularly in states operating in deregulated electric markets. The court decision vacating FERC’s ROE orders casts uncertainty for utilities that rely on FERC-approved rates for transmission services. The effectiveness of transmission planning processes will continue to be under scrutiny, as the U.S. power system undergoes transformational changes driven primarily by changes in the generation resource mix toward renewables and natural gas.Details