Carbon Markets Thrive as States Brush Aside Trump and Take Lead on Climate

Carbon Markets Thrive as States Brush Aside Trump and Take Lead on Climate

Carbon Markets, EnerKnol Research Reports, Environmental Markets, PRODUCTS

With the federal government’s U-turn on climate policy, states are taking the lead in regulating greenhouse gas emissions. Specifically, carbon trading is gaining traction as more jurisdictions are joining cap-and-trade markets.The two regional blocs in the U.S., California, Quebec, and Ontario’s cap-and-trade system and the Regional Greenhouse Gas Initiative (RGGI) involving nine Northeastern states, recently outlined their plans after 2020 ending uncertainty about their medium-term future.

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Carbon Markets Thrive as States Brush Aside Trump and Take Lead on Climate

EnerKnol’s Visual Primer – Carbon Markets Thrive as States Brush Aside Trump and Take Lead on Climate

Carbon Markets, EnerKnol Research Reports, EnerKnol Visual Primer, Environmental Markets, PRODUCTS

With the federal government’s U-turn on climate policy, states are taking the lead in regulating greenhouse gas emissions. Specifically, carbon trading is gaining traction as more jurisdictions are joining cap-and-trade markets.The two regional blocs in the U.S., California, Quebec, and Ontario’s cap-and-trade system and the Regional Greenhouse Gas Initiative (RGGI) involving nine Northeastern states, recently outlined their plans after 2020 ending uncertainty about their medium-term future.

Renewables Break New Records as More States Embrace Clean Distributed Energy

Renewables Break New Records as More States Embrace Clean Distributed Energy

EnerKnol Research Reports, PRODUCTS, Renewables, Solar Power, Wind Power

Ever more states are embracing pro-renewable policies by committing to clean energy and ramping up their clean energy targets despite federal policy uncertainty under the Trump administration. Frontrunners like California, Hawaii, New York, and Massachusetts are encouraging other states with nascent markets to follow suit.

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Renewables Break New Records as More States Embrace Clean Distributed Energy

EnerKnol’s Visual Primer – Renewables Break New Records as More States Embrace Clean Distributed Energy

EnerKnol Research Reports, EnerKnol Visual Primer, PRODUCTS, Renewables, Solar Power, Wind Power

Ever more states are embracing pro-renewable policies by committing to clean energy and ramping up their clean energy targets despite federal policy uncertainty under the Trump administration. Frontrunners like California, Hawaii, New York, and Massachusetts are encouraging other states with nascent markets to follow suit.

How Trump's Regulatory Rollback for America's Energy Producers is Gaining Momentum

How Trump’s Regulatory Rollback for America’s Energy Producers is Gaining Momentum

EnerKnol Research Reports, Fossil Fuels, Natural Gas, Oil, PRODUCTS

Federal agencies have reacted quickly to President Trump’s executive order, issued in March 2017, on reducing undue burdens on domestic energy production. On February 16, the Department of the Interior (DOI) announced the date for the largest sale of oil and gas leases in U.S. history. Scheduled for March 21, the sale will include all available areas in federal waters of the Gulf of Mexico. However, over the past year, the administration’s push for deregulation has prompted numerous legal challenges creating uncertainty in the industry.

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How Trump's Regulatory Rollback for America's Energy Producers is Gaining Momentum

EnerKnol’s Visual Primer – How Trump’s Regulatory Rollback for America’s Energy Producers is Gaining Momentum

EnerKnol Research Reports, EnerKnol Visual Primer, Fossil Fuels, Natural Gas, Oil, PRODUCTS

Federal agencies have reacted quickly to President Trump’s executive order, issued in March 2017, on reducing undue burdens on domestic energy production. On February 16, the Department of the Interior (DOI) announced the date for the largest sale of oil and gas leases in U.S. history. Scheduled for March 21, the sale will include all available areas in federal waters of the Gulf of Mexico. However, over the past year, the administration’s push for deregulation has prompted numerous legal challenges creating uncertainty in the industry.

Wind Industry Faces New Roadblocks as Tax Credit Deadline Looms

Wind Industry Faces New Roadblocks as Tax Credit Deadline Looms

EnerKnol Research Reports, PRODUCTS, Renewables, Wind Power

The wind industry is facing new problems just as developers are rushing to get new projects in the pipeline ahead of the 2019 expiration of the federal production tax credit, a key driver of growth. Roadblocks include efforts to slash payouts to wind farms under PURPA, delays in connecting to the grid, and even a State moratorium on new projects.

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Wind Industry Faces New Roadblocks as Tax Credit Deadline Looms

EnerKnol’s Visual Primer – Wind Industry Faces New Roadblocks as Tax Credit Deadline Looms

EnerKnol Research Reports, EnerKnol Visual Primer, PRODUCTS, Renewables, Wind Power

The U.S. wind energy industry has grown significantly over the past decade thanks to federal and state support, along with technology advancements improving costs and performance. The federal production tax credit (PTC) has left the greatest impact on the industry. However, the PTC expires in 2019 narrowing the window for new projects as the industry prepares for a slowdown. Other challenges, such as attempts to redefine PURPA terms and assess the impact of wind farms on tourism, along with slow growth in electric demand, make the outlook on wind less certain.

Arizona Proposes 3 GW Energy Storage Goal, Most Ambitious Nationwide

Arizona Proposes 3 GW Energy Storage Goal, Most Ambitious Nationwide

Energy Storage, EnerKnol Research Reports, Power & Utilities, PRODUCTS

Arizona's Energy Modernization Plan would set a goal 3,000 MW of energy storage by 2030, the most ambitious in the nation. The plan seeks to address peak demand challenges and provide system backup and stability through large-scale storage. Declining costs combined with a growing recognition of the multiple benefits of storage have led more states to consider storage in their energy planning and regulation. Moving forward, the future of storage will depend on creating rates and markets that capture the full value of storage and improving grid connection practices.

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Arizona Proposes 3 GW Energy Storage Goal, Most Ambitious Nationwide

EnerKnol’s Visual Primer – Arizona Proposes 3 GW Energy Storage Goal, Most Ambitious Nationwide

Energy Storage, EnerKnol Research Reports, EnerKnol Visual Primer, Power & Utilities, PRODUCTS

Arizona's Energy Modernization Plan would set a goal 3,000 MW of energy storage by 2030, the most ambitious in the nation. The plan seeks to address peak demand challenges and provide system backup and stability through large-scale storage. Declining costs combined with a growing recognition of the multiple benefits of storage have led more states to consider storage in their energy planning and regulation. Moving forward, the future of storage will depend on creating rates and markets that capture the full value of storage and improving grid connection practices.

Eversource Adopts Performance-Based Ratemaking in Massachusetts to Meet Clean Energy Goals

Eversource Adopts Performance-Based Ratemaking in Massachusetts to Meet Clean Energy Goals

EnerKnol Research Reports, Power & Utilities, PRODUCTS, Smart Grid

The Massachusetts Department of Public Utilities has approved a performance-based ratemaking (PBR) mechanism for Eversource Energy to balance infrastructure funding with avoiding rate case expenses and rate redesign that create uncertainty for consumers. PBRs adjust utility revenues based on their measurable performance, and they have been gaining popularity nationwide as grid technology keeps evolving.

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Eversource Adopts Performance-Based Ratemaking in Massachusetts to Meet Clean Energy Goals

EnerKnol’s Visual Primer – Eversource Adopts Performance-Based Ratemaking in Massachusetts to Meet Clean Energy Goals

EnerKnol Research Reports, EnerKnol Visual Primer, Power & Utilities, PRODUCTS, Smart Grid

The Massachusetts Department of Public Utilities has approved a performance-based ratemaking (PBR) mechanism for Eversource Energy to balance infrastructure funding with avoiding rate case expenses and rate redesign that create uncertainty for consumers. PBRs adjust utility revenues based on their measurable performance, and they have been gaining popularity nationwide as grid technology keeps evolving.