Duke Energy Carolinas LLC and Duke Energy Progress LLC on Sept. 1 unveiled their 15-year integrated resource plans for the Carolinas, presenting a range of scenarios with accelerated coal retirement options and substantial increases in solar, wind, and energy storage technologies. The proposal details six generation portfolios that would keep Duke Energy Corp. on a…...
Alternative ratemaking plans and innovative rate design proposals continue to emerge as utilities adapt to policy and technology changes driven by decarbonization efforts and distributed energy growth. With growing state mandates to increase renewable energy generation, regulators are devising performance metrics and incentives to encourage utility innovation in achieving policy goals.
The California Public Utilities Commission on July 29 announced a new research, development, and deployment initiative to bolster the relationship between ratepayer-funded projects and emerging policy issues. This shall manifest itself within four new workstreams pertinent to advancing the state’s energy agenda: equity, wildfire mitigation, transportation electrification, and utility safety power shut offs. In doing…...
The Regulatory Commission of Alaska on May 18 opened a proceeding to establish certification standards for regional electric reliability organizations, or EROs, and create a regulatory framework to oversee them. The move stems from legislation enacted in March that authorized the commission to certify EROs and define their duties including submission of integrated resource plans,…...
Dominion Energy Inc. on May 1 filed its 2020 integrated resource plan with the Virginia State Corporation Commission, reflecting the targets of the Clean Economy Act, which requires the company to produce its electricity from carbon-free sources by 2045. Under the proposal, the company proposes to add 6.7 to 18.8 gigawatts of solar over the…...
The Michigan Public Service Commission on April 15 approved DTE Electric Co.’s revised integrated resource plan, which incorporates changes to address the shortcomings that the agency identified in the original plan. The company revised the rate impact analysis to reflect the selection of a single pathway instead of four possible scenarios and removed unapproved supply-side…...
DTE Electric Company proposed a 225-megawatt wind farm and two solar power purchase contracts of about 125 megawatts in its revised renewable energy plan filed with the Michigan Public Service Commission on March 31. The generation capacity, to be added over the next two years, would enable compliance with the 15 percent of the renewable…
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.