Power & Utilities
New York has adopted sweeping measures to propel the state’s clean energy agenda, including adopting the nation’s most ambitious climate targets, awarding the largest offshore wind contract, and refining compensation rules to boost distributed solar.
Ameren, FirstEnergy, and Pepco are advancing sweeping plans to modernize the power grid. The programs, exceeding $7.5 billions in investments, mark the latest efforts by utilities to overhaul an aging, antiquated transmission and distribution system to make it more resilient, accommodate the growing penetration of renewable and distributed energy, and enhance customer-interaction.
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.
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,…...
PJM Interconnection LLC on March 29 filed a proposal with the Federal Energy Regulatory Commission to revise its energy and reserve market rules to properly value the energy reserves that support grid reliability by providing the flexibility needed to accommodate the evolving resource mix. The grid operator said that the growing variability of power demand…...
The Maryland legislature on March 28 approved a measure that would extend the state’s community solar pilot through 2024 and remove the limit on the maximum number of subscribers in the program. The legislation would also include annually increasing capacity levels for each program category, modifying the current requirement that allows restrictions to enable regulators…...