Renewable, Storage Targets, Creating $2.4 Billion Bond For Climate Adaptation

AEP Subsidiary Wins Oklahoma Approval to Add 675 Megawatts of Wind Generation

The Oklahoma Corporation Commission approved a settlement allowing Public Service Company of Oklahoma to recover costs to add 675 megawatts of wind power the state, according to a Feb. 20 news release. The move will not increase rates for customers, as cost savings resulting from the project will be passed on to them. Public Service will…

Michigan Regulator Asks DTE Electric to Submit Revised Resource Plan

Michigan Regulator Asks DTE Electric to Submit Revised Resource Plan

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…

FERC Orders Could Hinder Renewables, Electric Storage in New York Power Markets

FERC Orders Could Hinder Renewables, Electric Storage in New York Power Markets

The Federal Energy Regulatory Commission on Feb. 20 issued a series of orders to narrow the resources exempt from the New York grid operator’s buyer-side market power mitigation rules. The agency dismissed a complaint from the Public Service Commission and the New York State Energy Research and Development Authority seeking an exemption for electric storage…

Utility-Scale Wind Accounted for 70 Percent of Michigan’s Renewable Energy in 2019

Utility-Scale Wind Accounted for 70 Percent of Michigan’s Renewable Energy in 2019: Report

Utility-scale wind generators accounted for 70 percent of the 3.1 gigawatts of renewable energy capacity in Michigan last year, according to a Feb. 18 report by the state’s Public Service Commission. Across the state, new wind and solar projects are expected to add more than one gigawatt of new, utility-scale electricity generation in 2020 and…

Massachusetts’ Second Offshore Wind Contract Projected to Yield $2.4 Billion in Ratepayer Benefits

Massachusetts’ Second Offshore Wind Contract Projected to Yield $2.4 Billion in Ratepayer Benefits

The Massachusetts Department of Energy Resources endorsed the long-term contracts executed by the state’s electric distribution companies to procure offshore wind power from Mayflower Wind Energy LLC ‘s 804-megawatt project, citing net benefits of about $2.4 billion to ratepayers over the 20-year term. The wind generation output and renewable energy certificates from the project will…

Solar Fuels Research Program

U.S. Energy Department Announces $100-Million Solar Fuels Research Program

The U.S. Energy Department plans to invest in a five-year research program focused on producing fuels from sunlight, according to a Feb. 19 news release. The agency will establish one large or two smaller energy innovation hubs, which are “integrated multidisciplinary, multi-institutional research teams” to accelerate the fundamental scientific breakthroughs needed to enable solar fuel…

Time-Varying Rates Gain Prominence as Smart Metering and Renewables Expand

EnerKnol’s Visual Primer – Time-Varying Rates Gain Prominence as Smart Metering and Renewables Expand

Electric utilities and regulators across the U.S are increasingly considering time-varying rates as a means to reduce peak energy demand, utilize smart meter investments, and balance the grid amid the proliferation of distributed energy resources, including electric vehicles. Rate design that works in concert with the innovations in clean energy technology is critical to modernize the distribution grid.

PacifiCorp Requests $70 Million Rate Hike for Electric Service in Oregon

PacifiCorp filed a general rate revision with the Oregon Public Utilities Commission, seeking an increase of about $78 million for its electric services and recovery of about $17.3 million related to the early closure of Unit 4 of the 395-megawatt Cholla coal power plant, according to a Feb. 14 filing.  The company’s proposal to amortize…

NY Green Bank Commitments Exceed $900 Million, Driving $2.4 Billion in Clean Energy Investments

NY Green Bank Commitments Exceed $900 Million, Driving $2.4 Billion in Clean Energy Investments

The NY Green Bank’s fourth quarter of 2019 was the strongest to date, adding nearly $118 million to its portfolio, according to a Feb. 14 announcement. With portfolio commitments exceeding $909 million, the bank has spurred $2.4 billion in clean energy investments. The bank was established in 2013 to alleviate market barriers, motivating private sector…

U.S. Energy Department Announces $170 Million to Support Solar, Geothermal Technologies

Maine Solicits Proposals for Long-Term Renewable Energy Contracts

The Maine Public Utilities Commission issued a request for proposals from renewable generation resources for the sale of energy or renewable energy credits, according to a Feb. 14 news release. The move stems from legislation enacted in 2019 directing the commission to conduct two competitive solicitations for long-term procurement contracts for an amount of energy…

Vineyard Wind's $2.8 Billion Offshore Project Faces New Delay After Federal Regulators Revise Permitting Timeline

Vineyard Wind’s $2.8 Billion Offshore Project Faces New Delay After Federal Regulators Revise Permitting Timeline

Vineyard Wind LLC no longer expects its 800-megawatt offshore project to begin commercial operation in 2022, according to a Feb. 11 announcement, after the Bureau of Ocean Energy Management updated the permitting schedule for the project. The revised schedule indicates that the final environmental review will be issued on Nov. 13, later than what was…