New York's proposed nuclear subsidy program could prompt additional policy changes, especially in terms of market design, as retention of existing nuclear plants requires long-term financial viability, which in turn hinges on wholesale markets recognizing the benefits of nuclear power.
As the legal fate of the CPP is still pending, with an outcome that will have notable implications on RGGI allowance prices, clarifications regarding RGGI’s post-2020 cap will help reduce regulatory uncertainty in the RGGI market.
The advent of innovative technologies, new supplies, and changing relationships between utilities, regulators, and consumers is continuing to encourage the utility business model to evolve.
With increasing solar penetration, states and utilities are considering methods for proper valuation of distributed generation, with regard to potential cost-shift to non-solar customers, aggregation, and ownership models.
