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…
DetailsColorado 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…
DetailsThe 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…
DetailsThe 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…
Details
