The Hawaii Public Utilities Commission approved a new performance-based regulation, or PBR, framework to govern Hawaiian Electric Company by better aligning the company’s interests with that of customers’ and the state’s clean energy goals. Hawaii is mandated by a 2018 law to implement PBR, establishing a financial link between utility revenues and performance in achieving…...
Renewable energy received a boost with the enactment of the federal spending bill and COVID-19 relief package on Dec. 27, which includes tax extenders and about $35 billion in spending authorizations to support energy research and development programs. The legislation includes a two-year extension of the Investment Tax Credit for solar generation, a one-year extension…...
The California Public Utilities Commission on Dec. 21 issued a decision adopting strategies and metrics to further the integration of electric vehicles as grid resources. The decision, which adopts recommendations of the commission’s Vehicle Grid Integration Working Group, directs utilities to collaborate on interconnection and rate reforms and pilot programs, such as using EVs for…...
The U.S. Energy Department on Dec. 21 released a roadmap for its Energy Storage Grand Challenge initiative, a 10-year program launched in January to expedite the development of next-generation storage technologies. The roadmap marks the department’s first comprehensive strategy to address energy storage. The program aims to establish and sustain U.S. leadership in energy storage…...
