Power & Utilities
Arizona’s Tucson Electric Power has received approval for a solar program that allows participants to use solar power with no installation or maintenance costs. On December 18, 2014, Tucson Electric Power (TEP) announced that it has received the Arizona Corporation Commission’s (ACC) approval for its Residential Solar Program – an program that allows customers to…...
The FERC has issued rulings on interregional transmission plans submitted under Order No. 1000, finding that CAISO has fully complied with regional requirements. On December 18, 2014, the Federal Energy Regulatory Commission (FERC) issued its first orders on interregional transmission coordination and cost allocation requirements under FERC Order 1000. Â The FERC recognized California Independent System…...
The NYPA’s latest round of low-cost power allocations under ReCharge NY is expected to leverage an estimated $1.5B in capital investments. On December 16, 2014, New York Governor Andrew M. Cuomo announced that the New York Power Authority (NYPA) has approved the next round of low-cost power allocations under the 2011 ReCharge NY program. NYPA…...
ARPA-E has announced $60M in funding under its MONITOR and DELTA programs to check methane emissions and facilitate energy-efficient thermal management. On December 16, 2014, the Department of Energy’s (DOE) Advanced Research Projects Agency-Energy (ARPA-E) announced $60M in funding for 22 innovative projects through its Methane Observation Networks with Innovative Technology to Obtain Reductions (MONITOR)…...
Governor Cuomo has announced the 2014 REDC awards including funding for sustainability projects under the Cleaner, Greener Communities initiative. On December 12, 2014, New York Governor Andrew M. Cuomo awarded $709.2M for 852 statewide economic and community development projects through the Regional Economic Development Council’s (REDC) fourth round of funding. Established in 2011, the REDC…...
Governor Cuomo has announced five initiatives consistent with the REV strategy to advance the local clean energy industry and modernize utility sector operations. On December 12, 2014, New York Governor Andrew M. Cuomo announced new clean energy initiatives consistent with the Reforming the Energy Vision (REV) strategy to spur innovation and investment, improve customer choice…...
Utilities are increasingly pursuing rate design reform to earn revenue as kilowatt-hour demand growth flattens. As net energy-metered residential solar PV installation growth continues, utilities will be challenged with building and maintaining infrastructure with diminishing revenue streams. The fixed charge and net energy metering NEM compensation debate will continue as utilities fight for sustained revenue…...
Approval of Con Edison’s BQDM Program is a significant step for the utility to pursue non-traditional infrastructure investments to meet local demand. On December 12, 2014, the New York State Public Service Commission (PSC) issued an order in Case 14-E-0302 approving Consolidated Edison Company of New York Inc.’s (Con Edison) Brooklyn/Queens Demand Management (BQDM) Program to address overload…...
PJM has announced it will request from FERC a higher cost-based offer cap of $1,800/MWh to set energy market prices through March 2015 to prepare for potential fuel cost increases. On December 10, 2014, the PJM Members Committee announced that PJM will submit a Section 206 filing – approved by the PJM Board – requesting…...
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…...
