Power & Utilities

FERC Technical Conference Signals Market Reforms to Accommodate State Policies

EnerKnol’s Visual Primer – FERC Technical Conference Signals Market Reforms to Accommodate State Policies

The Federal Energy Regulatory Commission (FERC) held a technical conference to determine whether state policies and objectives can be achieved through market mechanisms of the Eastern RTOs/ISOs. Discussions signal market reforms that will focus on solutions that harmonize and accommodate state policy requirements with wholesale markets. Reforms will likely address market mechanisms to value resource attributes and internalize carbon costs within wholesale electricity prices.

Court Decision Reiterates FERC Authority over Interstate Transmission Planning

Recent court rulings on FERC Order No. 1000 uphold FERC authority over regional planning, placing federal regulators at the helm of modernizing the electric grid particularly in states operating in deregulated electric markets. The court decision vacating FERC’s ROE orders casts uncertainty for utilities that rely on FERC-approved rates for transmission services. The effectiveness of transmission planning processes will continue to be under scrutiny, as the U.S. power system undergoes transformational changes driven primarily by changes in the generation resource mix toward renewables and natural gas.

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Court Decision Reiterates FERC Authority over Interstate Transmission Planning

EnerKnol’s Visual Primer – Court Decision Reiterates FERC Authority over Interstate Transmission Planning

Recent court rulings on FERC Order No. 1000 uphold FERC authority over regional planning, placing federal regulators at the helm of modernizing the electric grid particularly in states operating in deregulated electric markets. The court decision vacating FERC’s ROE orders casts uncertainty for utilities that rely on FERC-approved rates for transmission services. The effectiveness of transmission planning processes will continue to be under scrutiny, as the U.S. power system undergoes transformational changes driven primarily by changes in the generation resource mix toward renewables and natural gas.

Maryland Energy Storage Credits Create Model for States with Nascent Storage Markets

Maryland legislature has passed a bill (SB 758) establishing the nation’s first tax credits for energy storage systems. The legislation is well timed to support Maryland’s new renewable portfolio standard goals, reflecting the growing role of energy storage technologies in supporting the growth of renewables. Maryland could serve as a model for states exploring ways to bolster their nascent storage markets, as tax credits present a simpler alternative to mandates and incentives.

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Maryland Energy Storage Credits Create Model for States with Nascent Storage Markets

EnerKnol’s Visual Primer – Maryland Energy Storage Credits Create Model for States with Nascent Storage Markets

Maryland legislature has passed a bill (SB 758) establishing the nation’s first tax credits for energy storage systems. The legislation is well timed to support Maryland’s new renewable portfolio standard goals, reflecting the growing role of energy storage technologies in supporting the growth of renewables. Maryland could serve as a model for states exploring ways to bolster their nascent storage markets, as tax credits present a simpler alternative to mandates and incentives.

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.

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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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