Smart Grid

North Carolina to Revise PURPA Implementation

EnerKnol’s Visual Primer – North Carolina to Revise PURPA Implementation

EnerKnol Research Reports, EnerKnol Visual Primer, Power & Utilities, PRODUCTS, Smart Grid

North Carolina has passed legislation that would reform implementation of PURPA, the key policy that helped the state become the second largest solar market in the U.S. PURPA has gained relevance in recent years due to the significant decline in renewable energy costs which has made solar and wind increasingly cost-competitive. However, utilities across states disagree over rates and contract lengths pertaining to projects under PURPA. The ongoing debate over PURPA will likely prompt reforms by modifying implementation terms or pushing legislation for future changes.

Nevada Clean Energy Bills Driven by Anticipated Policy Shift toward Deregulation

DOE Grid Reliability Study to Examine Impact of Renewables on Baseload Generation

EnerKnol Research Reports, Power & Utilities, PRODUCTS, Smart Grid

Energy Secretary Rick Perry’s upcoming grid reliability study is examining whether renewables are accelerating coal and nuclear retirements, while the trend is primarily driven by low natural gas prices and slow growth in electricity demand. Renewable energy growth is increasingly driven by costs, as these technologies have matured and attained scale.

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DOE Grid Reliability Study to Examine Impact of Renewables on Baseload Generation

EnerKnol’s Visual Primer – DOE Grid Reliability Study to Examine Impact of Renewables on Baseload Generation

EnerKnol Research Reports, EnerKnol Visual Primer, Power & Utilities, PRODUCTS, Smart Grid

Energy Secretary Rick Perry’s upcoming grid reliability study is examining whether renewables are accelerating coal and nuclear retirements, while the trend is primarily driven by low natural gas prices and slow growth in electricity demand. Renewable energy growth is increasingly driven by costs, as these technologies have matured and attained scale.

FERC Warns about Tighter Supplies in New England and Texas for Meeting Summer Load

EnerKnol Research Reports, Power & Utilities, PRODUCTS, Smart Grid

FERC’s 2017 summer assessment forecasts tighter supplies in New England and Texas while anticipating adequate summer capacity in most regions. Increased hydroelectric generation from heavy snowpack levels is expected to mitigate risks from limitations at the Aliso Canyon natural gas storage facility in Southern California. Natural gas futures prices are expected to rise due to lower storage inventories, decrease in production rates, and above normal temperatures.

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FERC Warns about Tighter Supplies in New England and Texas for Meeting Summer Demand

EnerKnol’s Visual Primer – FERC Warns about Tighter Supplies in New England and Texas for Meeting Summer Demand

EnerKnol Research Reports, EnerKnol Visual Primer, Power & Utilities, PRODUCTS, Smart Grid

FERC’s 2017 summer assessment forecasts tighter supplies in New England and Texas while anticipating adequate summer capacity in most regions. Increased hydroelectric generation from heavy snowpack levels is expected to mitigate risks from limitations at the Aliso Canyon natural gas storage facility in Southern California. Natural gas futures prices are expected to rise due to lower storage inventories, decrease in production rates, and above normal temperatures.

2017 State Legislative Action Calls for Greater Energy Diversity

Carbon Markets, Coal Power, Emissions, Energy Efficiency, Energy Storage, EnerKnol Research Reports, Environmental Markets, Fossil Fuels, Hydropower, Natural Gas, Nuclear Power, Oil, Power & Utilities, PRODUCTS, Renewables, Reports, Smart Grid, Solar Power, Wind Power

Legislation enacted across states in 2017 calls for greater diversity in power sources—from expanding renewables to supporting nuclear and natural gas infrastructure. However, there is a clear trend showing the intent to prioritize clean energy and climate policy. States in the forefront of grid modernization plans continue to support renewable development while others are following their models as a way to emulate effective policies.

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State Legislation Update: 6/2017

EnerKnol’s Visual Primer – State Legislation Update: 6/2017

Carbon Markets, Coal Power, Emissions, Energy Efficiency, Energy Storage, EnerKnol Research Reports, EnerKnol Visual Primer, Environmental Markets, Fossil Fuels, Hydropower, Natural Gas, Nuclear Power, Oil, Power & Utilities, PRODUCTS, Renewables, Reports, Smart Grid, Solar Power, Wind Power

Legislation enacted across states in 2017 calls for greater diversity in power sources—from expanding renewables to supporting nuclear and natural gas infrastructure. However, there is a clear trend showing the intent to prioritize clean energy and climate policy. States in the forefront of grid modernization plans continue to support renewable development while others are following their models as a way to emulate effective policies.

Prices Fall in PJM’s 100-Percent Capacity Resource Auction

EnerKnol Research Reports, Power & Utilities, PRODUCTS, Smart Grid

PJM’s 2017 capacity auction – the first one to apply the 100-percent Capacity Performance requirement – yielded a clearing price of $76.53/megawatt-day in most of PJM, about 24 percent lower than last year. Cleared capacity of seasonal resources like demand response, solar, and wind fell largely due to the new year-round performance requirement. Lower prices are attributed largely to lower natural-gas prices, lower demand forecasts, and new combined-cycle natural gas units clearing capacity in the auction.

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Prices Fall in PJM's 100-Percent Capacity Resource Auction

EnerKnol’s Visual Primer – Prices Fall in PJM’s 100-Percent Capacity Resource Auction

EnerKnol Research Reports, EnerKnol Visual Primer, Power & Utilities, PRODUCTS, Smart Grid

PJM’s 2017 capacity auction – the first one to apply the 100-percent Capacity Performance requirement – yielded a clearing price of $76.53/megawatt-day in most of PJM, about 24 percent lower than last year. Cleared capacity of seasonal resources like demand response, solar, and wind fell largely due to the new year-round performance requirement. Lower prices are attributed largely to lower natural-gas prices, lower demand forecasts, and new combined-cycle natural gas units clearing capacity in the auction.

FERC Technical Conference Signals Market Reforms to Accommodate State Policies

EnerKnol Research Reports, Power & Utilities, PRODUCTS, Smart Grid

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.

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FERC Technical Conference Signals Market Reforms to Accommodate State Policies

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

Blog, EnerKnol Research Reports, Power & Utilities, PRODUCTS, Smart Grid

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

EnerKnol Research Reports, Power & Utilities, PRODUCTS, Smart Grid

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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