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.

Mid-Atlantic Grid Operator Seeks to Accommodate State Subsidies

Mid-Atlantic Grid Operator Seeks to Accommodate State Subsidies

EnerKnol Research Reports, Power & Utilities, PRODUCTS, Wholesale Markets

PJM Interconnection has unveiled its capacity repricing proposal aimed at accommodating subsidized resources while preserving price integrity in the capacity market. The grid operator said its proposal would meet state goals, unlike an alternative plan that would extend the minimum offer price rule to both new and existing resources (MOPR-Ex), in effect cancelling out the state subsidies. The move echoes a national trend towards reforming competitive electricity markets to ease tensions between their resource adequacy constructs and state policies.

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Mid-Atlantic Grid Operator Seeks to Accommodate State Subsidies

EnerKnol’s Visual Primer – Mid-Atlantic Grid Operator Seeks to Accommodate State Subsidies

EnerKnol Research Reports, EnerKnol Visual Primer, Power & Utilities, PRODUCTS, Wholesale Markets

PJM Interconnection has unveiled its capacity repricing proposal aimed at accommodating subsidized resources while preserving price integrity in the capacity market. The grid operator said its proposal would meet state goals, unlike an alternative plan that would extend the minimum offer price rule to both new and existing resources (MOPR-Ex), in effect cancelling out the state subsidies. The move echoes a national trend towards reforming competitive electricity markets to ease tensions between their resource adequacy constructs and state policies.

Historic Federal Tax Cuts Bring Utility Rates Under Scrutiny

Historic Federal Tax Cuts Bring Utility Rates Under Scrutiny

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

Dozens of states want utilities to lower rates for electricity and natural gas services following the recently enacted federal tax law which slashed the corporate income tax rate to 21 percent from 35 percent at the start of the year. Sixteen states and consumer advocates wrote to the Federal Energy Regulatory Commission requesting prompt action for the cuts to be extended to customers, while 20 states are mulling rate changes tied to the new tax law.

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Historic Federal Tax Cuts Bring Utility Rates Under Scrutiny

EnerKnol’s Visual Primer – Historic Federal Tax Cuts Bring Utility Rates Under Scrutiny

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

Dozens of states want utilities to lower rates for electricity and natural gas services following the recently enacted federal tax law which slashed the corporate income tax rate to 21 percent from 35 percent at the start of the year. Sixteen states and consumer advocates wrote to the Federal Energy Regulatory Commission requesting prompt action for the cuts to be extended to customers, while 20 states are mulling rate changes tied to the new tax law.

Five Power Industry Trends to Watch in 2018

Five Power Industry Trends to Watch in 2018

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

Over the past five years, the power industry has evolved at a faster pace because of several simultaneous trends reflecting a broader shift from coal to natural gas and renewables. The changing fuel mix, growth in renewables, and evolution of distributed energy resources are among the key causes catalyzing this transformation. In 2018, most of these trends are expected to continue or accelerate.

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