Power & Utilities

EnerKnol’s Visual Primer – Ohio Grid Modernization Initiative Focuses on Customer Electricity Experience

The Public Utilities Commission of Ohio has announced a comprehensive review of technological and regulatory innovation to advance grid modernization. With continued growth in distributed energy resources and demand-side opportunities, the power industry faces the challenge of transitioning to a modern grid that addresses the demands of the evolving electric sector. Among other states where utility commissions have taken measures to address grid modernization, New York and California have garnered nationwide attention, setting the pace with significant progress towards necessary enhancements.

FERC Proposes Reforms to Enhance Electricity Storage and DER Participation in Wholesale Markets

The Federal Energy Regulatory Commission has proposed reforms to remove barriers to the participation of electric storage resources and distributed energy resource (DER) aggregations in wholesale electricity markets. The reforms would provide storage and DER with structured access to bigger markets facilitating a paradigm shift in the way electricity markets function.

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EnerKnol’s Visual Primer – FERC Proposes Reforms to Enhance Electricity Storage and DER Participation in Wholesale Markets

The Federal Energy Regulatory Commission has proposed reforms to remove barriers to the participation of electric storage resources and distributed energy resource (DER) aggregations in wholesale electricity markets. The reforms would provide storage and DER with structured access to bigger markets facilitating a paradigm shift in the way electricity markets function.

California Energy Imbalance Market Reports Increased Benefits with Growing Market Participation

The California Independent System Operator (CAISO) has reported that total benefits from the western Energy Imbalance Market (EIM), the ISO’s enhanced real-time market launched in November 2014, reached $114.35 million. Following the success of the EIM and pursuant to the Clean Energy and Pollution Reduction Act of 2015, California is investigating connecting grid operators across the West to share resources more efficiently.

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EnerKnol’s Visual Primer – California Energy Imbalance Market Reports Increased Benefits with Growing Market Participation

The California Independent System Operator (CAISO) has reported that total benefits from the western Energy Imbalance Market (EIM), the ISO’s enhanced real-time market launched in November 2014, reached $114.35 million. Following the success of the EIM and pursuant to the Clean Energy and Pollution Reduction Act of 2015, California is investigating connecting grid operators across the West to share resources more efficiently.

CAISO Advances Reactive Power Requirements for Renewable Generation

The California Independent System Operator (CAISO) Board of Governors has approved reactive power requirements for non-synchronous generators, such as solar PV, wind, and battery storage, in order to maintain grid reliability. The requirements will increase the scope and diversity of energy resources participating in CAISO markets.

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Enerknol’s Visual Primer – CAISO Advances Reactive Power Requirements for Renewable Generation

The California Independent System Operator (CAISO) Board of Governors has approved reactive power requirements for non-synchronous generators, such as solar PV, wind, and battery storage, in order to maintain grid reliability. The requirements will increase the scope and diversity of energy resources participating in CAISO markets.

Massachusetts Energy Bill Boosts Prospects for Offshore Wind and Energy Storage

Massachusetts H. 4568 (An Act to promote energy diversity) will shape the state’s energy future with an ambitious offshore wind energy target and lead to energy storage procurement targets with opportunities for utilities to own energy storage. The policy will likely provide a much-needed impetus for the U.S. offshore wind industry and also help other industries, such as solar companies that offer solar-plus-storage products.

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EnerKnol’s Visual Primer – Electricity Markets

As the one-way electric grid evolves into an intelligent, two-way platform, ISOs and RTOs are tasked with balancing the impacts of the changing energy landscape together with public policy actions set at both federal and state levels. While ISOs can employ innovative market designs that can help state policies achieve their goals, challenges arise when policymakers impose conditions on the markets that cannot be priced. These challenges are further amplified when policymakers within a single market footprint take different actions that potentially contradict each other. EnerKnol’s Primer on Electricity Markets highlights these major driving changes in the wholesale markets, and more.

New York Green Bank Highlights Role of Innovation in Solar Financing

On May 12, 2016, New York Governor Andrew M. Cuomo announced several new NY Green Bank transactions to fund solar installations and energy efficiency initiatives. With its evolving Green Bank, New York now joins Connecticut, which established first U.S. Green Bank, in leading the way to facilitate low-cost financing for clean energy by leveraging private capital. The success of Connecticut and New York’s green banks shows that public-private partnerships can outshine direct subsidies to clean energy and efficiency projects. As long as funding streams are available, green banks can amplify the impact of private investments and open additional sources of funds.