Smart Grid
Performance-based regulation (PBR) is gaining momentum across U.S. states driven by policy and technology changes to meet decarbonization goals and changing customer expectations.
A massive investment in transmission infrastructure is necessary to move renewable energy over long distances from where it is produced to where it is needed. These transmission lines, which are so necessary to combat climate change present an inherent wildfire risk exacerbated by drought conditions in the western United States and Canada.
Energy legislation enacted across U.S. states so far in 2022 spans a broad spectrum of topics portraying actions to facilitate the energy transition. These include measures to expand renewables and distributed resources, strengthen climate commitments, optimize grid performance, and sustain the nuclear power fleet. … Read the full report …...
The swift advancement of sophisticated cyber threats alongside the increase in advanced energy system control technologies has called for stronger measures to secure critical infrastructure and energy sector resilience.
Aging infrastructure, a rapidly changing generation profile, and climate change concerns are driving efforts to facilitate a flexible power grid that can absorb higher levels of distributed resources and withstand damaging weather events.
Energy utilities across the U.S. are expanding opportunities for customers to participate in programs designed to reduce their carbon footprint. Green pricing options have been on the rise, encouraging consumers to meet a portion of their electricity needs from renewable energy resources. Carbon offset programs are becoming popular among natural gas utilities, allowing customers to compensate for their combustion-related emissions.
The Infrastructure Investment and Jobs Act (IIJA), which represents the largest investment in U.S. infrastructure, includes major provisions important to the energy industry, ranging from building out the first national network of electric vehicle (EV) charging stations to modernizing the electric transmission grid and expanding clean energy.
Upgrading and expanding the U.S. electric transmission system is key to enhancing grid reliability and resilience while enabling greater integration of carbon-free resources to meet clean energy goals.
Long-term planning strategies of electric utilities across the U.S. reflect the growing trend towards phasing out coal-fired power generation while embracing renewables. Coal power plants account for 85 percent of electric generating capacity scheduled to retire in the U.S. during 2022, according to the U.S. Energy Information Administration (EIA).
Several states are reshaping their distributed generation policies and programs amid the proliferation of distributed solar and other solutions prompted by changing customer needs and clean energy goals. Recent actions range from California’s proposed net metering successor, which has triggered cost-shift debates in the nation’s largest solar market, to New York’s roadmap to achieve 10 gigawatts (GW) of distributed solar by 2030.
Federal and state agencies are advancing policy measures and incentives to foster transportation electrification, a key strategy to achieve ambitious emissions reduction mandates. Recent actions range from stronger national fuel efficiency standards to California’s $1.5 billion annual investment in clean vehicle incentives, and clean truck rules in New York and New Jersey.
Across the U.S., the massive transformation of the power sector towards renewables and zero-emissions sources is set to accelerate, aided by supportive federal policies from an administration focused on climate action and ambitious state decarbonization goals. The exponential growth of renewables will continue to drive grid modernization and transmission development, while efforts to fortify the…...