Battery storage has long held the promise of eventually replacing the costliest, most-polluting fossil-fuel fired generators that are used to meet surging electricity demand on the grid. That day may now be upon us as costs of batteries plummet and as state regulators from Massachusetts to Arizona weigh new incentives for the technology.
Utilities are stepping up efforts to boost retail power and gas rates to offset tepid growth in electric demand and weak prices in the wholesale markets. Utilities are also overhauling how charges are set by launching non-traditional rate programs, including revenue decoupling and performance-based rates. Keep on top of the latest utility rate programs by…...
Utilities across North America are investing billions of dollars to decarbonize their power fleets to comply with unprecedented greenhouse gas emission cuts and bold renewable energy targets. The pivot to cleaner and greener power sources is reflected in the integrated resource plans and RFPs that utilities file with state commissions. Keep on top of the…...
A growing number of states are exploring grid modernization to keep pace with fast-evolving technological advances and growing distributed generation. The smart grid concept ties together multiple initiatives ranging from solar-battery microgrids to vehicle-to-grid power flow management, and grid hardening to support reliability and resiliency. It may also include advanced meters, which are a pivotal…...
Declining costs, evolving technology, and changing grid needs are accelerating the pace of deployment of battery storage projects. Regulators seek to spur investments to leverage the multiple benefits of batteries, including the ability to add large amounts of intermittent renewable generation to the system, and to defer or eliminate the need to build new transmission…...
Battery storage is no longer just paving the way for greater integration of renewables onto the grid. The technology is now ushering in larger utility-scale solar and wind projects with diverse configurations. Utility proposals to develop massive storage projects in tandem with renewables are becoming more common as intermittent wind and solar continue to produce a growing share of power generation. Aggressive state and utility decarbonization goals are also driving the need for cost-effective batteries.
An unprecedented number of states are upending how retail power rates are set as utility revenues get squeezed by the surge in distributed generation, like rooftop solar panels, and as providers face bold environmental mandates to address climate change. Nineteen states and the District of Columbia are exploring or have adopted performance-based rate programs through…...
The unabating momentum of electric vehicle (EV) growth has prompted regulators and legislators to examine policies and standards of utilities regarding charging infrastructure. Utilities can assume a larger role in developing EV charging because of their ability to install and operate widely distributed electrical assets.
More than half of U.S. states with competitive retail energy markets face proposals for stricter oversight rules from lawmakers, including measures to phase out the industry altogether, as efforts mount to put in place more consumer protections. Just five months into most states’ legislative sessions, over two dozen proposals have emerged to toughen rules around billing and marketing practices, licensing and registration and contractual terms.
Hawaii and Puerto Rico are at the forefront of a trend just starting to sweep the nation as regulators look to overhaul a grid now growing more reliant on intermittent supplies. The experience of these islands could shed light on the need to consider the implications of future grid investments for both reliability and regional…...
Rep. Michael Doyle, a Democrat representing Pennsylvania, introduced legislation on April 4 that would expand the solar investment tax credit to include energy storage technology for utilities, businesses, and homes. The current tax code provides the credit for battery technologies paired with a solar installations. (H.R.2096) More than 100 House Democrats, led by Congresswoman Haley…...
National Grid plc, Unitil Corp., and Eversource Energy put forth revised performance metrics that they propose to use for evaluating the progress under their individual grid modernization plans, as well as the statewide goals of the Massachusetts Department of Public Utilities, according to an April 3 filing. Last May, the department approved the companies’ grid modernization plans,…...
