Week Ahead: CA Discusses Electricity Prices, NW Natural’s Long-Term Resource Plan, MN’s Demand Response Investigation
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Visual Primer: U.S. Energy Utilities Attune Resource Plans to Harness Inflation Reduction Act Incentives
Recent long-term resource plans of several electric utilities include accelerated timelines to develop renewables or retire coal-generation fleet, reflecting the impact of policy changes ensuing from 2022 Inflation Reduction Act (IRA). The IRA includes provisions to support the transition of the U.S. electricity generation fleet to cleaner energy sources and lower carbon emissions.
New Jersey Governor Murphy Reveals Plan for New 2024 Energy Master Plan
New Jersey Governor Phil Murphy on Jan. 23 announced that the process of updating the state’s Energy Master Plan, or EMP, has begun and will be released in 2024. The EMP serves as New Jersey’s blueprint to attain 100 percent clean energy by 2050. The new EMP will incorporate the state’s updated climate goals and…...
New York Grid Operator Finalizes Interconnection Studies Bringing 7.4 Gigawatts of Energy Projects Closer to Operation
The New York Independent System Operator has completed final interconnection studies for 27 new solar, wind, energy storage, and energy transmission expansion projects totaling 7.4 gigawatts, according to a Jan. 13 press release. This brings the projects closer to commercial operation, supporting the state’s efforts to accomplish the clean energy directives of the 2019 Climate…...
Year Ahead: Five Must-Watch Power Sector Trends for 2023
Ambitious federal goals and initiatives, coupled with state commitments, are driving the transition to a low-carbon future across the U.S. Investments and tax incentives included in the 2022 Inflation Reduction Act (IRA) have added new momentum to the renewable and clean energy industries including offshore wind, nuclear power, and distributed solar.…. Read the full report…...
California Grid Operator Implements Policies Supporting Electricity Grid Reliability
The California Independent System Operator Board and the Western Energy Imbalance Market Governing Body have approved both the Energy Storage Enhancements and Resource Sufficiency Energy Enhancements initiatives, according to a Dec. 16 news release. The initiatives are expected to be adopted by the upcoming summer when extreme temperatures create high demand during peak hours. The…...
Visual Primer: Demand Response Viewed as Key Tool to Support Flexibility and Reliability of Energy Infrastructure
Demand response (DR) continues to garner attention as a key reliability tool amid the ongoing transition to renewable energy, increased electrification, and extreme weather. Traditionally intended to shed load and prevent blackouts during peak demand periods, DR is increasingly valued for its ability to address imbalances caused by the variability in wind and solar generation.
Visual Primer: Long-Duration Energy Storage Stands to Gain Traction as Renewables Proliferate
As the transition to a carbon-free grid relies on the integration of diverse renewable energy resources, the need for long-duration energy storage has become more essential. Storage systems capable of supplying energy for 10 hours or more, or adequate stored energy to provide firm capacity to the grid have been garnering attention to accommodate renewables and support grid stability.