MATS Impacted by Supreme Court Decision, but Likely to Survive

Key Takeaways: The Mercury and Air Toxics (MATS) rule represented one of the most significant air pollution regulations in U.S. history when it was announced in 2011 The Supreme Court rejected the rule, ruling that the EPA should have considered costs initially when assessing whether the rule was “appropriate and necessary” The specific nature of…...

New York Set to Revive Renewable Energy Industry

Key Takeaways: The Reforming the Energy Vision (REV) initiative seeks a fundamental restructuring of New York’s centralized utility model in response to technology advancements and customer trends that favor decentralized power generation The 2015 New York State Energy Plan provides a roadmap to implement the REV strategy through increased renewable generation, energy efficiency, and emissions…...

EPA Announces New Emissions Standards for Trucks and Trailers

Key Takeaways: The 2013 Climate Action Plan called for new standards to advance fuel economy and emissions reductions in the transportation sector Proposed Phase 2 standards for medium- and heavy-duty vehicles aim to achieve 24 percent improvement in fuel efficiency by 2027 The new standards will spur advancements in trucking technology, resulting in substantial costs…...

FERC Approves Reforms to PJM Capacity Market

Key Takeaways: PJM’s forced generation capacity outages in the 2013/2014 winter, along with long-term distributed generation trend, prompted PJM to propose capacity market reforms to ensure system reliability After requesting additional information in April, FERC approved PJM’s approval, allowing for inclusion in August Forward Capacity Auction Capacity Performance will impose stringent operational requirements and non-performance…...

DOI Approves First Solar Projects Under Expedited Review Process

Key Takeaways: Solar energy still only accounts for around 1% of total U.S. power generation but costs have fallen dramatically The BLM approved the first utility-scale solar development projects under the Western Power Plan By reducing non-hardware costs of solar energy, the BLM’s initiatives will soften the impact of Investment Tax Credit expiration Insight for…...

DOE Expands Energy Efficiency Program to Supplement EPA Regulations

Key Takeaways: Enhancing energy efficiency is seen as a vital component of U.S. effort to reduce emissions and combat climate change A lack of access to information and financing are seen as critical obstacles to increasing energy efficiency of buildings Seven Accelerators have been announced within the Better Buildings program in order to enhance energy…...

Rate of Regulatory Approval Key to U.S. Role in Global LNG Market

During the 2000s, many companies positioned themselves for a prolonged period of U.S. natural gas import dependence and constructed multi-billion dollar liquefied natural gas (LNG) import terminals across the Gulf Coast. However, the shale revolution transformed the domestic energy landscape, with natural gas production increasing from 19 trillion cubic feet (tcf) in 2005 to 27…...

U.S. Coal Industry Hurt by Market Conditions; Now Hinges on Regulations

Coal has long reigned as the leading energy source for U.S. electricity generation, but structural changes in U.S. energy markets, brought on by technological innovations and new regulatory initiatives, have called into question the future of the coal industry. For over a century, the coal industry has provided the lifeblood for American progress, fueling the…...

REV Policy Framework Restricts Utility Ownership of Distributed Energy Resources

Distributed System Platform to Facilitate New Resource Integration The marketplace envisioned under the New York Public Service Commission’s (PSC) Reforming the Energy Vision (REV) proceeding targets efficient development of distributed energy resources (DERs). In its REV Track One regulatory framework issued on February 26, 2015, the New York PSC determined that utilities will perform the…...

The 2015 Political Landscape Will Have Far-Reaching Energy Industry Implications

EPA emissions rules and legislative actions will impact every aspect of the energy value chain in 2015 Key Takeaways: Policies impacting energy independence and associated environmental impacts are coming head-to-head at the federal level Legislators will aim to settle long-debated oil and gas infrastructure and export bills and will use legistive authorities to delay, defund,…...

[Report] 2014 Energy Policies Defined by Shift toward a Cleaner, More Reliable Grid

EPA’s Clean Power Plan, regional programs, and continued solar installation growth aim to improve state-level resource and grid reliability. The proposed Clean Power Plan and regional reliability programs will continue to influence an energy mix shift and electric system improvements in the coming years. The energy mix shift is also being pushed by fuel and…...

[Report] Demand Response Parity in Wholesale Markets Hinges on FERC 745 Outcome

Demand response (DR) performance in wholesale power markets has improved over the past six years, in part as a result of multiple FERC Orders. Removal of DR from organized electricity markets would favor generators through increased sales; this could lead to higher associated emissions and peak power prices. The Solicitor General has until January 15 to file…...