In this update, Maryland, Nevada, Washington and Puerto Rico are the latest states and territory to strengthen targets for clean energy, showing how America’s decade-long renewable push is ramping up. Puerto Rico set a goal in March to source all of its power from renewables by 2050. In April, Nevada lawmakers unanimously approved a target...
In this update, Nevada, Washington and Puerto Rico are the latest states and territory to strengthen targets for clean energy, showing how momentum is building across the U.S. for more aggressive renewable portfolio targets. Nevada State lawmakers unanimously approved legislation in April to upgrade the state’s renewable portfolio standard to 50 percent by 2030, while Washington committed...
In this update, fossil-fuel rich New Mexico is the latest state to join the 100-percent-clean-energy club, a strong sign of the momentum building for pro-renewable policies across the U.S. New Mexico’s Democrat-led House charted a course for the state to obtain all of its power from carbon-free resources by 2045, with intermediate goals of 50 percent by...
EnerKnol’s Visual Primer – Grid Operators Set to Expand Opportunities for Energy Storage in Wholesale Markets
Regional grid operators have filed proposals to comply with the first federal directive for broader participation of the technology in regional wholesale power markets. The California system operator is already compliant with majority of the requirements, with a market design that FERC has cited as an example for integrating storage resources. New York grid operator’s proposal poses limitations, such as lack of dual participation in wholesale and retail markets, amidst the state’s efforts to advance an ambitious 3-gigawatt goal for storage.
EnerKnol’s Visual Primer – Mid Atlantic Power Market Gears Up for Reforms as Debate Over Subsidized Resources Intensifies
PJM Interconnection LLC is at the crossroads for capacity market reforms as participation of sources receiving out-of-market state revenues continues to grow. Significant debate around the issue of price suppression from subsidized resources culminated in the Federal Energy Regulatory Commission's invalidation of PJM’s capacity market rules. Several states have opposed the premise arguing that the threat from subsidies is overstated and sweeping changes would unlawfully intrude on state energy policies. Following the FERC directive which rejected PJM’s changes proposed in April, the grid operator on Oct. 2 unveiled a plan which would address price distortion while advancing state policy interests.
EnerKnol’s Visual Primer – Expanding Retail Electricity Market Prompts Tighter Oversight From States
An increasing number of electricity customers are gaining access to the competitive retail market, giving them a broader range of choices in suppliers of electric power. In a bid to ensure a more competitive and transparent market, states are strengthening rules on marketing by suppliers. Among recent actions, New York is examining the status of cybersecurity in the retail access industry, while Maryland is considering enhancements to the competitive market and customer choice framework.
The U.S. offshore wind industry is picking up pace as eastern states are pushing aggressive wind energy procurement goals. Massachusetts, Rhode Island, and Connecticut recently contracted for offshore wind capacity totaling 1.4 gigawatts. New York and New Jersey are making progress towards project solicitations.