As the distributed solar landscape evolves, revisions and successors to net metering programs seek to ensure that the compensation rate and other and program elements avoid cost shifting to non-participating customers while supporting a value proposition for new solar customers.
The expansion of renewable portfolio standards (RPS) has prompted several states to reshape their solar incentive programs. The market for solar renewable energy certificates (SRECs) is driven by solar carve-outs in RPS programs, which require utilities to procure a certain percentage of their electricity from renewable resources.
Amid the growing interest in clean energy, state and federal policy changes to utility power procurement rules under the Public Utility Regulatory Policies Act of 1978 (PURPA) are shaping the portfolios of small renewable power producers. PURPA, which has been a key driver of renewable generation in the U.S., sets requirements for utilities to purchase power from small independent electricity and cogeneration facilities.
The California Public Utilities Commission has authorized a 7.63 percent increase to Southern California Edison’s revenue requirement for 2021, down from the utility’s initial request of a 19.03 percent hike. The decision authorizes a $6.899 billion revenue requirement for operations and capital investment in 2021, about $730 million less than what the utility requested. This…...
U.S. large-scale battery power capacity grew by 35 percent in 2020, reaching 1.65 gigawatts, according to an Aug. 20 report from the U.S. Energy Information Administration. Battery power capacity tripled over the last five years. Between 2021-2023, utilities are expected to install more than 10 gigawatts of additional capacity, which is about ten times the…...
As the retail energy marketplace evolves, state lawmakers and regulators are expanding their focus on the impacts to clean energy and long-term reliability, in addition to consumer protections and operational efficiencies.
Extreme cold weather conditions were a major factor in multiple grid events that occurred over the last decade, most notably the recent mid-February Winter Storm Uri that affected the south-central U.S., causing widespread outages and forcing natural gas processing plants to shut down. The impacts of these events on electric and gas systems that were unprepared for the challenge has emphasized the need to address cold weather reliability.
The California Energy Commission on Aug. 11 adopted the 2022 Building Energy Efficiency Standards revising energy efficiency standards for newly constructed and renovated buildings as part of its three-year update cycle. The new code is estimated to provide $1.5 billion in consumer benefits and reduce greenhouse gas emissions by 10 million metric tons over the…...
Extreme cold weather conditions were a major factor in multiple grid events that occurred over the last decade, most notably the recent mid-February Winter Storm Uri that affected the south-central U.S., causing widespread outages and forcing natural gas processing plants to shut down. The impacts of these events on electric and gas systems that were unprepared for the challenge has emphasized the need to address cold weather reliability.
The mid-February Winter Storm Uri, which caused widespread power outages across the south-central U.S., has sharply brought cold weather reliability standards to the forefront of regulatory and market attention. Texas, which experienced the worst power outages resulting from the storm, has passed legislation and initiated investigations to address the impacts of the grid event. The…...
The U.S. offshore wind industry is making strides with significant milestones including approval of the first large-scale project in federal waters, federal efforts to advance permitting processes, and actions towards potential development in the Pacific.
The Illinois Commerce Commission on Aug. 3 granted Ameren Illinois Company’s request to create an electric vehicle charging program that offers new optional rate structures to incentivize EV adoption and install charging stations. The tariff, titled “Rider Optional Electric Vehicle Charging Program,” is designed to encourage charging during specific off-peak periods. This initiative would support…...
