EIM Q2 2019 Benefits

Western Power Market Yields $740 Million in Benefits, Allowing Effective Use of Surplus Renewable Energy

The Western Energy Imbalance market generated about $86 million in savings in the second quarter of this year, with total benefits reaching about $736 million since its launch in November 2014, according to a July 31 press release from the California Independent System Operator Corporation. The market helps displace less-clean energy supplies with surplus renewable…

Ameren Terminates Wind Project

Ameren, EDF Renewables Terminate 157-Megawatt Wind Project, Citing High Costs

Ameren Missouri, a subsidiary of Ameren Corporation, announced on July 25 that it no longer plans to acquire a 157-megawatt wind facility in northwest Missouri as the transmission upgrades required to accommodate the project would lead to “unacceptably high costs.” Ameren said it has mutually agreed with EDF Renewables Inc. to cancel the development of…

Kentucky Net Metering

Kentucky Regulator Launches Proceeding to Implement Net Metering Changes

The Kentucky Public Service Commission opened a docket on July 30 to implement legislation enacted in March that redefined net metering by directing state regulators to set the compensation rate for solar customers through a ratemaking process. Under the law, retail electric suppliers are entitled to recover the costs incurred to serve customer-generators, including fixed…

Vineyard Interconnection Legislation

Massachusetts Legislation Facilitates Grid Connection of 800-Megawatt Vineyard Wind Offshore Project

Massachusetts state lawmakers on July 22 passed a bill that authorizes the Barnstable Town Council to grant an easement for a portion of Covell’s Beach to construct the interconnection between Vineyard Wind LLC’s offshore wind project and the New England power grid. The 800-megawatt project, jointly owned by Avangrid Renewables LLC and Copenhagen Infrastructure Partners,…

U.S. Energy Department Extends Third Set of Natural Gas Export Authorizations Through 2050

FERC Creates LNG Division to Expand Oversight of Export Projects

The Federal Energy Regulatory Commission on July 23 announced the formation of the Division of LNG Facility Review & Inspection to manage the growing number and complexity of proposals to develop liquefied natural gas export terminals. The new division, which will be a part of the agency’s Office of Energy Projects, will include 20 existing…

CCA PGE Rates

Community Choice Aggregators Seek Equitable Cost Allocation in PG&E’s Rate Case

Pacific Gas and Electric Company’s proposed allocation of customer service-related costs in its rate case for the 2020-2022 period fails to reflect the cost differentials between bundled and unbundled electric distribution customers, according to a group of community choice aggregators operating in the utility’s territory. The differentials have become important with the advent of community…

Solar Tax Credit Bill

U.S. Lawmakers Propose Bill to Extend Solar Tax Credit

U.S. Senator Catherine Cortez Masto, a Democrat representing Nevada, introduced legislation on July 25 that would provide a five-year extension of the solar investment tax credit at its full 30 percent value. Representative Mike Thompson, a California Democrat, joined by Republican Representatives Paul Cook of California and Brian Fitzpatrick of Pennsylvania, introduced a bipartisan companion…

PJM Auction Delay

FERC Orders PJM to Suspend 2019 Capacity Auction Until Rule Changes Are Implemented

The Federal Energy Regulatory Commission on July 25 directed PJM Interconnection LLC not to move forward with its annual capacity auction scheduled for Aug. 14-28, recognizing the need to ensure certainty for market participants who make resource investment and retirement decisions. The agency has not yet rendered a decision on the grid operator’s proposal filed…