Consolidated Edison Company wants to electrify school buses across the New York area under a plan to have the fleet of vehicles double as energy storage batteries capable of helping the utility meet swings in power demand on its grid. The 8,000-odd school buses operating in Westchester County and New York City, if electrified, could…
A unit of National Grid plc filed a plan to invest in renewable generation, electric vehicle infrastructure and energy storage, as well as hike rates to cover the cost of the initiatives, as the utility looks to adapt its system to emerging technologies and cut emissions of greenhouse gases. To pay for the program, National…
The California Public Utilities Commission authorized San Diego Gas & Electric Company to recover the entire costs for its procurement of 83.5 megawatts of energy storage and 4.5 megawatts of demand response, as the utility scrambles to lock in supplies after the closure of the San Onofre Nuclear Generating Station, according to a June 7…
Public Service Company of Colorado, a unit of Xcel Energy Inc., filed its Colorado Energy Plan, a blueprint for the utility to source over half of its electricity supply from renewables and cut carbon emissions by 60 percent by 2026. The plan, filed June 6 with the Colorado Public Utilities Commission, directs the company to…
U.S. Senator Michael Bennet, a Democrat representing Colorado, introduced legislation on June 5 that would provide $5 billion in financing under the U.S. Agriculture Department’s rural utility service program for cybersecurity and grid security enhancements. A second bill would include energy storage under the department’s Rural Energy for America Program, providing financial support for agricultural…
Extreme weather is figuring more prominently than ever into America's energy policy as the nation recovers from a rash of storms and a catastrophic hurricane season that's inflicted hundreds of billions of dollars in damage. In the name of resiliency and reliability, the Trump administration and regulators alike are seeking unprecedented changes to wholesale power markets, as well as urging massive investments in nascent technologies, like microgrids and battery storage, to gear up for the next bomb cyclone, derecho, polar vortex or hurricane season.
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Duke Energy Carolinas LLC reached an agreement with environmental groups June 1 to cut the price tag of its Power/Forward Carolinas grid modernization plan to $2.5 billion, from $7.8 billion, and scale back the initiative to three years, from a decade. Duke’s updated plan includes voltage optimization, electric-vehicle charging infrastructure and at least 300 megawatts…
Colorado Governor John Hickenlooper, a Democrat, signed legislation on June 1 ordering the utility commission to establish a process by February 2019 for electric utilities to evaluate and invest in energy storage as the state looks to harness the emerging technology. The bill allows electric utilities to file applications for rate-based projects of up to…
The Public Service Enterprise Group Inc. announced plans on May 31 to invest as much as $17 billion through 2022 in energy grid modernization and clean energy programs in New Jersey. The company plans to spend $2.5 billion to extend its Energy Strong program aimed at improving reliability and resiliency by bolstering electric and gas…
The Michigan Senate on May 30 adopted a resolution calling on the Michigan Agency for Energy to engage in a discussion to explore the potential to integrate energy storage into the state’s electric market. The move comes as some states look to harness energy storage technologies to improve grid resilience following the devastating hurricane season…
PJM Interconnection LLC’s annual capacity auction saw clearing prices ramp up 83 percent from a year ago to $140/megawatt-day, rebounding after a sustained fall for two consecutive auctions. Renewables and demand response did surprisingly well especially because they are deemed seasonal assets with limited ability to meet the new stringent performance standards that require year-round capacity. Despite the high prices, the amount of nuclear generation that cleared the auction fell by over a quarter from last year.
