Virginia Approves Cap-and-Trade Plan and Moves to Join RGGI

The Virginia Air Pollution Control Board has approved a proposal to reduce power sector carbon dioxide emissions by 30 percent between 2020 and 2030. The proposal would link Virginia with the Regional Greenhouse Gas Initiative (RGGI), the nation’s first mandatory cap-and-trade program. The proposal is consistent with RGGI’s recently announced proposed improvements that caused a rebound in allowance prices in the September auction. With member states in agreement over the program's post-2020 path, RGGI is likely in for a boost that could see both price increases in future auctions and additional states joining the group.

EnerKnol’s Visual Primer – Virginia Approves Cap-and-Trade Plan and Moves to Join RGGI

The Virginia Air Pollution Control Board has approved a proposal to reduce power sector carbon dioxide emissions by 30 percent between 2020 and 2030. The proposal would link Virginia with the Regional Greenhouse Gas Initiative (RGGI), the nation’s first mandatory cap-and-trade program. The proposal is consistent with RGGI’s recently announced proposed improvements that caused a rebound in allowance prices in the September auction. With member states in agreement over the program's post-2020 path, RGGI is likely in for a boost that could see both price increases in future auctions and additional states joining the group.

Ohio Net Metering Update Limits System Size but Opens Doors to Energy Marketers

The Public Utilities Commission of Ohio has revised its net metering rules requiring regulated electric utilities to offer a standard tariff to standard service offer customers, while competitive retail electric service providers can offer diverse net metering products and service to shopping customers. The Ohio rule comes after months of review and seeks to address the interests of distributed generation customers, electric utilities, and competitive providers. Importantly, the ruling opens doors to energy marketers, some of which might be able to offer better rates than the utilities.

EnerKnol’s Visual Primer – Ohio Net Metering Update Limits System Size but Opens Doors to Energy Marketers

The Public Utilities Commission of Ohio has revised its net metering rules requiring regulated electric utilities to offer a standard tariff to standard service offer customers, while competitive retail electric service providers can offer diverse net metering products and service to shopping customers. The Ohio rule comes after months of review and seeks to address the interests of distributed generation customers, electric utilities, and competitive providers. Importantly, the ruling opens doors to energy marketers, some of which might be able to offer better rates than the utilities.

Connecticut Passes Bill Paving Way to Subsidize Dominion Nuclear Plant

The Connecticut Governor has signed legislation that could allow the state’s only nuclear plant to compete for long-term contracts with renewables provided such rule change is corroborated by a currently ongoing study into the plant's viability. Recently, additional states including Pennsylvania and Ohio have joined in with policies supporting their nuclear facilities. These actions coincide with the Department of Energy’s recently-proposed grid resiliency pricing rule offering hope for financially struggling nuclear power plants.

EnerKnol’s Visual Primer – Connecticut Passes Bill Paving Way to Subsidize Dominion Nuclear Plant

The Connecticut Governor has signed legislation that could allow the state’s only nuclear plant to compete for long-term contracts with renewables provided such rule change is corroborated by a currently ongoing study into the plant's viability. Recently, additional states including Pennsylvania and Ohio have joined in with policies supporting their nuclear facilities. These actions coincide with the Department of Energy’s recently-proposed grid resiliency pricing rule offering hope for financially struggling nuclear power plants.

New York Leads the Nation in Exploring Wholesale Market Design for Distributed Energy Resources

The New York Independent System Operator has launched a pilot program to examine how the integration of emerging distributed energy resource (DER) technologies will affect wholesale market systems. The pilot program aligns with the state’s objectives under the Reforming the Energy vision (REV) to expand retail markets for DER. Access to wholesale markets will be critical in integrating the growing share of DERs, and state and ISO-level policies will play a key role in this regard.

EnerKnol’s Visual Primer – New York Leads the Nation in Exploring Wholesale Market Design for Distributed Energy Resources

The New York Independent System Operator has launched a pilot program to examine how the integration of emerging distributed energy resource (DER) technologies will affect wholesale market systems. The pilot program aligns with the state’s objectives under the Reforming the Energy vision (REV) to expand retail markets for DER. Access to wholesale markets will be critical in integrating the growing share of DERs, and state and ISO-level policies will play a key role in this regard.

Cleared by Feds, $8.5 Billion in Pipeline Projects Now Face State Hurdles

The Federal Energy Regulatory Commission (FERC) has approved the controversial Atlantic Coast and Mountain Valley pipeline projects denying requests for broader reviews and evidentiary hearings. Recent setbacks due to state decisions and court rulings have now drawn attention to state battlegrounds in pipeline approvals. FERC's apparent inclination to supplant state decisions adds to concerns over jurisdictional issues.

EnerKnol’s Visual Primer – Cleared by Feds, $8.5 Billion in Pipeline Projects Now Face State Hurdles

The Federal Energy Regulatory Commission (FERC) has approved the controversial Atlantic Coast and Mountain Valley pipeline projects denying requests for broader reviews and evidentiary hearings. Recent setbacks due to state decisions and court rulings have now drawn attention to state battlegrounds in pipeline approvals. FERC's apparent inclination to supplant state decisions adds to concerns over jurisdictional issues.

Trump’s EPA Trashes Global Benefits of Carbon Cuts in Repeal of Obama Climate Rule

In its proposal to repeal the Clean Power Plan (CPP), the Environmental Protection Agency (EPA) has devalued the social cost of carbon (SCC) and disregarded the global benefits from the CPP. Following President Trump’s executive order rescinding the SCC, this approach could be used to revisit existing environmental rules. Despite the pushback on carbon pricing at the federal level, states are increasingly using the social cost of carbon as a metric to measure and reduce their climate impacts.

EnerKnol’s Visual Primer – Trump’s EPA Trashes Global Benefits of Carbon Cuts in Repeal of Obama Climate Rule

In its proposal to repeal the Clean Power Plan (CPP), the Environmental Protection Agency (EPA) has devalued the social cost of carbon (SCC) and disregarded the global benefits from the CPP. Following President Trump’s executive order rescinding the SCC, this approach could be used to revisit existing environmental rules. Despite the pushback on carbon pricing at the federal level, states are increasingly using the social cost of carbon as a metric to measure and reduce their climate impacts.