The expansion of renewable portfolio standards (RPS) has prompted several states to reshape their solar incentive programs. The market for solar renewable energy certificates (SRECs) is driven by solar carve-outs in RPS programs, which require utilities to procure a certain percentage of their electricity from renewable resources.
New Jersey regulators explore a pathway for the buildout of charging infrastructure for medium- and heavy-duty electric vehicles; the Bureau of Ocean Energy Management examines wind energy development in new areas off California's Central Coast; the Nevada Public Utilities Commission reviews Southwest Gas' application to include renewable natural gas in its supply portfolio.
Amid the growing interest in clean energy, state and federal policy changes to utility power procurement rules under the Public Utility Regulatory Policies Act of 1978 (PURPA) are shaping the portfolios of small renewable power producers. PURPA, which has been a key driver of renewable generation in the U.S., sets requirements for utilities to purchase power from small independent electricity and cogeneration facilities.
The California Public Utilities Commission has authorized a 7.63 percent increase to Southern California Edison’s revenue requirement for 2021, down from the utility’s initial request of a 19.03 percent hike. The decision authorizes a $6.899 billion revenue requirement for operations and capital investment in 2021, about $730 million less than what the utility requested. This…...
Visual Primer: Grid Planning Initiatives Expand as States Prepare for Proliferation of Distributed Energy Resources
A growing number of states are gearing up to leverage distributed energy resources (DER) to support grid operations amid clean energy and climate goals that require investments in and incentives for renewables and customer-sited generation.
U.S. large-scale battery power capacity grew by 35 percent in 2020, reaching 1.65 gigawatts, according to an Aug. 20 report from the U.S. Energy Information Administration. Battery power capacity tripled over the last five years. Between 2021-2023, utilities are expected to install more than 10 gigawatts of additional capacity, which is about ten times the…...
As the retail energy marketplace evolves, state lawmakers and regulators are expanding their focus on the impacts to clean energy and long-term reliability, in addition to consumer protections and operational efficiencies.
Extreme cold weather conditions were a major factor in multiple grid events that occurred over the last decade, most notably the recent mid-February Winter Storm Uri that affected the south-central U.S., causing widespread outages and forcing natural gas processing plants to shut down. The impacts of these events on electric and gas systems that were unprepared for the challenge has emphasized the need to address cold weather reliability.