Energy Efficiency
Federal tax incentives, strong state renewable portfolio standards, and associated renewable energy certificate programs facilitate regional installation growth. New England states must continuously analyze and update their RPS policies to ensure renewable energy growth, as developers currently rely on the standards and associated REC markets for project demand and financing. With federal and state policies…...
PJM Interconnection has issued a Capacity Performance proposal modeled after the New England ISO Pay-for-Performance capacity market design. On December 3, 2014, PJM Interconnection issued a Capacity Performance proposal — a modified version of the October 7 staff proposal — reflecting the need for stronger incentives within the existing capacity market structure to encourage investment by new…...
The House has passed a one-year extension of several tax provisions including the renewable energy production tax credit and several biofuel industry incentives. On December 3, 2014, the U.S. House of Representatives passed the Tax Increase Prevention Act of 2014 (H.R. 5771), a one-year tax extender package for several tax relief provisions that expired at…...
The CT PURA has issued a draft decision reducing CL&P’s proposed electric rate increase by more than $100M and reflecting a penalty for CL&P’s inadequate performance during 2011 storms. On December 1, 2014, the Connecticut Public Utilities Regulatory Authority (PURA) issued a draft decision on Connecticut Light and Power Company’s (CL&P) rate increase request, approving a…...
State utilities – such as New York’s Con Edison – are beginning to consider non-traditional infrastructure and resource investments to meet peak load. Distributed energy resources investments and increased customer engagement will help create a more diverse, resilient energy grid. Over the next year – and beyond – State PUCs and utilities will work closely…...
Non-hydro utility-scale energy storage solutions are landing record-setting contracts in multiple regions, marking a transition beyond small-scale ancillary services. Fast-reacting and flexible energy storage resources can efficiently provide ancillary services to free-up traditional generation assets for wholesale market participation. The U.S. Bicameral Task Force on Climate Change recently cited that by 2022, the worldwide demand…...
The FERC has directed RTOs/ISOs to identify fuel assurance issues relevant to their respective markets and file a report on the status of their efforts to address the issues. On November 20, 2014, the Federal Energy Regulatory Commission (FERC) issued an order directing regional transmission organizations and independent system operators (RTOs/ISOs) to file reports on…...
The DOE’s Minorities in Energy Industry Partner Network aims to build minorities’ capacity to compete for energy sector opportunities. On November 18, 2014 — the first anniversary of the Department of Energy’s (DOE) Minorities in Energy Initiative (MIE) — DOE launched the MIE Industry Partner Network to increase engagement of underrepresented communities in the energy sector…....
State energy efficiency resource standards (EERS) outline near- and long-term energy use reduction requirements for utilities and third-party program administrators. EERS play an instrumental role in reducing power-sector emissions growth and could help reduce electricity consumption by as much as 10 percent by 2020. States that do not have a history of EERS or incentive…...
The DOE has recognized Cummins’ Jamestown Engine Plant in New York for energy efficiency achievements under the Better Plants Challenge. On November 6, 2014, the Department of Energy (DOE) recognized Cummins Inc. for energy efficiency achievements at its Jamestown Engine Plant in New York. The plant is a showcase project under Better Plants Challenge, the industrial component…...
ISO New England’s 2014 Regional System Plan underscores that retirements indicate the need for new resources to address future demand despite energy efficiency measures projected to flatten demand over time. On November 6, 2014, ISO New England (ISO-NE) issued the 2014 Regional System Plan, its annual guide on New England’s long term power-system planning efforts. The…...
The 2015 Fuel Economy Guide indicates that 2015 vehicle models comprise a larger number of fuel-efficient and low-emission vehicles in a broader range of classes and sizes compared to previous years. On November 6, 2014, the Environmental Protection Agency (EPA) and the Department of Energy (DOE) released the 2015 Fuel Economy Guide providing information on…...