The New Mexico Public Regulation Commission on April 1 approved the Public Service Company of New Mexico’s request to abandon the San Juan Generating Station and use securitization bonds through the Energy Transition Act, or ETA, to finance its remaining investment in the plant. The move follows the state Supreme Court’s ruling that the commission must apply the ETA to the closure and replacement…...
DTE Electric Company on March 20 filed a revised integrated resource plan with the Michigan Public Service Commission incorporating changes that the agency recommended to the original plan. The new IRP includes a single pathway and eliminates the four possible scenarios in the previous plan, applies higher energy waste reduction targets, and removes unapproved supply-side…...
Virginia has become the first state in the South to begin a clean energy transition with the passage of a sweeping energy bill that sets the state on the path to carbon-free power by 2050. The law replaces the voluntary renewable energy portfolio program with a mandatory standard, and paves the way for an enormous expansion of wind and solar power, energy storage, and energy efficiency.
The Michigan Public Service Commission authorized rate increases totaling $417.5 million in five electric and natural gas rate cases last year, $245.5 million less than what the utilities requested, according to the agency’s annual report issued on March 2. The increases were driven largely by investments needed to replace aging infrastructure to improve safety and…
Utility regulators are expanding resource planning requirements as a growing number of utilities are proposing early closure of coal plants, in addition to investing more in solar, wind and battery storage. Long-term resource plans are evolving to consider a host of emerging issues ranging from equity assessments and avoided costs, to reflecting the cost of carbon, as utilities seek to balance flexibility and reliability.
The Michigan Public Service Commission on Feb. 20 sent DTE Electric Company back to the drawing board on its long-term resource plan, citing fundamental flaws including lack of competitive bidding for supply-side resource additions. The agency recommended that DTE issue a request for proposals for new generation, and raise the proposed energy efficiency targets. Considering…
Utilities across North America are investing billions of dollars to decarbonize their power fleets to comply with unprecedented greenhouse gas emission cuts and bold renewable energy targets. The pivot to cleaner and greener power sources is reflected in the integrated resource plans and RFPs that utilities file with state commissions. Keep on top of the…...
U.S. electricity generation from renewable sources such as wind and solar are projected to surpass nuclear and coal by 2021 and to surpass natural gas in 2045, according to the U.S. Energy Information Administration’s Annual Energy Outlook 2020. The share of U.S. electricity generation from renewable sources is projected to double, accounting for 38 percent…
The Michigan Public Service Commission accepted portions of Upper Peninsula Power Company’s integrated resource plan, including a 125-megawatt solar power contract as the lowest-cost energy supply option, according to a Dec. 6 news release. The agency recommended removal of the company’s proposal to build a 20-megawatt natural gas-fired unit, and called for a more robust…
The Nevada Public Utilities Commission on Dec. 5 approved NV Energy’s integrated resource plan, which will add 1,190 megawatts of new solar energy projects and 590 megawatts of energy storage. The new capacity will come from three projects located in Clark County, southern Nevada, and are scheduled to be operational by Jan. 1, 2024. The…
The Colorado Public Utilities Commission opened a docket to develop rules requiring investor-owned utilities to file distribution system plans, according to a Dec. 3 news release. Distribution planning would help ensure that grid modernization allows for continued safe, reliable and cost-effective utility operations, according to the agency. The move stems from legislation enacted in June…
Democratic Governor Andrew Cuomo notified National Grid plc of the state’s intent to revoke the company’s license to operate its gas franchise, following its inability to provide reliable natural gas supply, according to a Nov. 12 press release. The company’s failure to plan for supply needs is evident from its own explanation that it denied…