Alternative energy

Connecticut Passes Bill Paving Way to Subsidize Dominion Nuclear Plant

EnerKnol’s Visual Primer – Connecticut Passes Bill Paving Way to Subsidize Dominion Nuclear Plant

The Connecticut Governor has signed legislation that could allow the state’s only nuclear plant to compete for long-term contracts with renewables provided such rule change is corroborated by a currently ongoing study into the plant's viability. Recently, additional states including Pennsylvania and Ohio have joined in with policies supporting their nuclear facilities. These actions coincide with the Department of Energy’s recently-proposed grid resiliency pricing rule offering hope for financially struggling nuclear power plants.

Hurricane-Battered U.S. Gives Momentum to Sweeping Push for Microgrids

Hurricane-Battered U.S. Gives Momentum to Sweeping Push for Microgrids

Panelists at a House Energy and Commerce subcommittee hearing concurred that having more diversified resources would help the authorities manage outages in the wake of hurricanes such as Irma, Harvey, and Maria. The catastrophic storms have emphasized the need for significant investments in the nation’s grid to protect it from a major, long-lasting outage that has affected Puerto Rico. Policymakers are turning to battery storage and microgrids as they do not just strengthen the grid against inclement weather but bring an array of other benefits.

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New York Approves Utility Proposals for Setting the Value of DER

New York Approves Utility Proposals for Setting the Value of DER

The New York State Public Service Commission (NY PSC) has issued an order approving utility proposals to implement its Value of Distributed Energy Resources (VDER) compensation mechanism, a structure that values DER in a more accurate manner including locational and environmental benefits that were previously not quantified. However, solar advocates that have so far commended New York’s reforms said the approval was inadequately reviewed and could undercompensate DER. While studies on the costs and benefits of solar and other types of DERs will help states set their policies, New York will provide invaluable real-life lessons for other states with emerging solar markets.

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New York Approves Utility Proposals for Setting the Value of DER

EnerKnol’s Visual Primer – New York Approves Utility Proposals for Setting the Value of DER

The New York State Public Service Commission (NY PSC) has issued an order approving utility proposals to implement its Value of Distributed Energy Resources (VDER) compensation mechanism, a structure that values DER in a more accurate manner including locational and environmental benefits that were previously not quantified. However, solar advocates that have so far commended New York’s reforms said the approval was inadequately reviewed and could undercompensate DER. While studies on the costs and benefits of solar and other types of DERs will help other states set their policies, New York will provide invaluable real-life lessons for other states with emerging solar markets.

DOE's Sunshot Initiative Reaches Utility Solar Cost Target Three Years ahead of Schedule

DOE’s Sunshot Initiative Reaches Utility Solar Cost Target Three Years ahead of Schedule

The U.S. Department of Energy has announced new priorities for its SunShot Initiative after it met the utility-scale solar cost target three years ahead of schedule. The new funding programs will prioritize research on grid reliability, reflecting the growing role of solar in the generation mix. In addition, over the coming years, DOE would examine the costs and benefits of net energy metering to utilities, ratepayers, and the grid.

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DOE's SunShot Initiative Reaches Utility Solar Cost Target Three Years ahead of Schedule

EnerKnol’s Visual Primer – DOE’s SunShot Initiative Reaches Utility Solar Cost Target Three Years ahead of Schedule

The U.S. Department of Energy has announced new priorities for its SunShot Initiative after it met the utility-scale solar cost target three years ahead of schedule. The new funding programs will prioritize research on grid reliability, reflecting the growing role of solar in the generation mix. In addition, over the coming years, DOE would examine the costs and benefits of net energy metering to utilities, ratepayers, and the grid.

Legislative Proposal Drops $3B Funding Plan for EVs in California

Legislative Proposal Drops $3B Funding Plan for EVs in California

California lawmakers have removed a $3 billion, 12-year electric vehicle (EV) funding plan from a bill aimed to provide EV rebates and incentives. Instead, the amended bill would require the California Air Resources Board (CARB) to study vehicle incentive programs. California, a leader in EV adoption, is being closely watched for regulatory actions that could shape policies in other states.

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Legislative Proposal Drops $3B Funding Plan for EVs in California

EnerKnol’s Visual Primer – Legislative Proposal Drops $3B Funding Plan for EVs in California

California lawmakers have removed a $3 billion, 12-year electric vehicle (EV) funding plan from a bill aimed to provide EV rebates and incentives. Instead, the amended bill would require the California Air Resources Board (CARB) to study vehicle incentive programs. California, a leader in EV adoption, is being closely watched for regulatory actions that could shape policies in other states.

Duke Energy Florida Cancels Nuclear Projects and Turns to Renewables

Duke Energy Florida Cancels Nuclear Projects and Turns to Renewables

Duke Energy Florida has reached an agreement with industry and consumer groups to cancel a nuclear project and invest more in solar and grid modernization. Recent similar proposals from major utilities such as Xcel and AEP reflect growing interest in renewable energy. While the trend towards renewables has been largely attributed to state mandates and improving economics, recent developments show that utilities are increasingly perceiving them as opportunities for growth and profit.

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Duke Energy Florida Cancels Nuclear Projects and Turns to Renewables

EnerKnol’s Visual Primer – Duke Energy Florida Cancels Nuclear Projects and Turns to Renewables

Duke Energy Florida has reached an agreement with industry and consumer groups to cancel a nuclear project and invest more in solar and grid modernization. Recent similar proposals from major utilities such as Xcel and AEP reflect growing interest in renewable energy. While the trend towards renewables has been largely attributed to state mandates and improving economics, recent developments show that utilities are increasingly perceiving them as opportunities for growth and profit.

EnerKnol Nuclear Subsidy Mapper

EnerKnol Nuclear Subsidy Mapper

Cheap natural gas and the resulting wholesale electricity price declines have squeezed the revenues for nuclear generators, many of which have come under the risk of premature closure due to their inability to compete in the wholesale markets. However, multiple states have expressed support for options to keep nuclear as a low-carbon baseload electricity source in their energy portfolios.

Rhode Island Streamlines Solar Permitting in Clean Energy Bill Package

Rhode Island Streamlines Solar Permitting in Clean Energy Bill Package

Rhode Island has enacted a suite of clean energy bills which includes legislation to streamline solar permitting and renewable energy interconnection. Rhode Island thus joins a small group of states that strive to standardize solar permitting, an important step toward reducing the soft costs of solar. Standardizing permitting is likely the next major opportunity for the solar industry which has benefited immensely from cheaper technology and financing.

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