The shift in policy priorities of the incoming administration is expected to accelerate the transformation of the power sector towards clean energy and distributed grid, continuing its trajectory driven by market dynamics, technology, and customer preferences. The strong growth of renewable energy is expected to speed up, particularly with the extension of the federal tax…...
The Hawaii Public Utilities Commission approved a new performance-based regulation, or PBR, framework to govern Hawaiian Electric Company by better aligning the company’s interests with that of customers’ and the state’s clean energy goals. Hawaii is mandated by a 2018 law to implement PBR, establishing a financial link between utility revenues and performance in achieving…...
Renewable energy received a boost with the enactment of the federal spending bill and COVID-19 relief package on Dec. 27, which includes tax extenders and about $35 billion in spending authorizations to support energy research and development programs. The legislation includes a two-year extension of the Investment Tax Credit for solar generation, a one-year extension…...
The U.S. Energy Department on Dec. 21 released a roadmap for its Energy Storage Grand Challenge initiative, a 10-year program launched in January to expedite the development of next-generation storage technologies. The roadmap marks the department’s first comprehensive strategy to address energy storage. The program aims to establish and sustain U.S. leadership in energy storage…...
The growing adoption of clean energy standards, energy efficiency, and customer-sited resources is driving the need for innovative ratemaking principles. Utilities are exploring rate structures that facilitate the integration of variable and distributed generation, and align customer behavior with grid needs. Smart meters are paving the way for time-based and dynamic rate options to balance the grid under the increased penetration of renewable and distributed energy resources, as well as electric vehicles.
The Idaho Public Utilities Commission issued an order grandfathering Idaho Power Company’s existing commercial, industrial, and irrigation customers with on-site generation under the present terms for a period of 25 years, according to a Dec. 4 press release. Customers that file interconnection applications after Dec. 1 will be subject to future changes that the commission…...
The pressing trend towards revisiting retail rate net metering for rooftop solar continues, in a bid to ensure proper compensation for solar customers and avoid cost shifting to non-solar customers. Net energy metering, which credits customer generators for grid-exported power, has been a key component of the policy framework to spur investment in customer-sited renewable energy facilities, including solar and energy storage systems.
With the growing adoption of electric vehicles (EVs), the need for flexible storage resources in the electric grid has drawn increased attention to how well the vehicles can integrate into the grid as temporary batteries. While California is making strides in furthering the utilization of EVs as a grid resource, a handful of states are contemplating the technology in connection with electrification of fleets, and medium- and heavy-duty vehicles.
U.S. President-elect Joe Biden’s energy agenda prioritizes clean energy and climate action, with a far-reaching strategy, which includes rejoining the Paris Climate Agreement, committing to achieve a carbon-free power sector by 2035, and banning new oil and gas permitting on public lands and waters.
The Electric Reliability Council of Texas Inc. expects nearly 83,000 megawatts of resource capacity to be available to meet the projected peak demand of 57,699 megawatts for the upcoming winter season from December 2020 to February 2021. The winter peak demand forecast in the grid operator’s final winter resource adequacy assessment, released on Nov. 5, …...
The Florida Public Service Commission on Nov. 3 authorized Tampa Electric Company to recover costs for a 60.1-megawatt project under the fourth phase of the company’s solar construction plan. The completion of the project will bring the company’s solar generation capacity to 600 megawatts, firmly asserting it as a major solar developer. Tampa Electric opted…...
State renewable portfolio standards are a key driver behind the torrid expansion of wind and solar generation across the U.S., responsible for about half of the nation’s deployment of clean energy sources over the last couple of decades, according to the Lawrence Berkeley National Laboratory. Over three dozen states, territories and the nation’s capital have…
