Power & Utilities
The Federal Energy Regulatory Commission determined that it has concurrent jurisdiction with bankruptcy courts over wholesale power contracts that Pacific Gas & Electric Company may seek to reject through bankruptcy, according to a Jan. 25 order. The ruling comes in response to a request by NextEra Energy Inc. and NextEra Energy Partners L.P seeking commission…...
The New York Independent System Operator Inc. on Jan. 22 released a five-year plan that outlines a path forward to tackle the changing grid dynamics and support the growing role of public policy initiatives in reshaping the grid. The 2019-2023 plan identifies strategic initiatives to guide the development of projects and resource allocations as evolving regulations and…...
The Virginia State Corporation Commission on Jan. 17 turned down a majority of Dominion Energy Inc.’s 10-year, $6 billion grid transformation proposal, finding that the utility had not shown that the costs are prudent. The agency approved only a $150 million cyber and physical security component for the first three-year phase, estimated to cost $1.5…...
NextEra Energy Inc. and NextEra Energy Partners L.P on Jan. 18 asked the Federal Energy Regulatory Commission to order that Pacific Gas and Electric Company may not reject its wholesale contracts in bankruptcy without the federal regulator’s approval. PG&E announced it will file for bankruptcy protection on or about Jan. 29 as it faces billions…...
The California Independent System Operator Corporation finalized agreements to provide reliability coordinating services for 32 electricity balancing authorities and transmission operators across the west, according to a Jan. 14 press release. Following a year of planning and coordination, the ISO said it will now focus on technology and system integration to implement the service by July 1…....
Regional grid operators have filed proposals to comply with the first federal directive for broader participation of the technology in regional wholesale power markets. The California system operator is already compliant with majority of the requirements, with a market design that FERC has cited as an example for integrating storage resources. New York grid operator’s proposal poses limitations, such as lack of dual participation in wholesale and retail markets, amidst the state’s efforts to advance an ambitious 3-gigawatt goal for storage.
PG&E Corporation announced it intends to reorganize under Chapter 11 of the U.S. bankruptcy code as it faces billions of dollars in potential liability resulting from the 2017 and 2018 Northern California wildfires, according to a Jan. 14 press release. The move comes a day after Geisha Williams stepped down as CEO. The company said…...
The California Public Utilities Commission on Jan. 10 opened a docket to implement the provisions of Senate Bill 901 enacted last year, allowing utilities to pass some of their costs to ratepayers. The commission said it will adopt a methodology for wildfire cost recovery, but will not adopt any specific financial outcome for future applications…....
The Virginia State Corporation Commission on Jan. 7 approved Appalachian Power Company’s proposal that allows customers the option to meet 100 percent of their electricity needs from renewable energy resources. Participating customers would pay a premium of $4.25 a month above the standard electric rate. State law permits utilities to design a tariff that customers…...
The power sector evolution continues unabated, marked by rapid growth of wind and solar, and a growing shift toward distributed energy resources such as rooftop solar, battery storage, and electric vehicles. Interest in batteries is accelerating as states seek to capitalize the multiple benefits the technology provides to the grid, while the smart grid evolution…...
The Hawaiian Electric Companies submitted power purchase agreements for seven grid-scale, solar-plus-storage projects to the Hawaii Public Utilities Commission, according to a Jan. 3 press release. The projects total 262 megawatts of solar and 1,024 megawatt-hours of energy storage, with contract prices ranging from $0.08 to $0.12 per kilowatt-hour. The utilities said that the contracts…...
New Hampshire House Democratic lawmakers Peter Somssich, Jacqueline Cali-Pitts, and Kenneth Vincent introduced legislation on Jan. 2 that would establish a task force to investigate the near- and long-term applications of microgrids to better manage demand on the primary grid, allowing for lower customer bills and more efficient use of electricity. (HB 238) The bill…...