The Federal Energy Regulatory Commission on Dec. 31 authorized NJR Clean Energy Ventures II Corporation to sell its interests in four wind energy projects totaling 117 megawatts to SRIV Partnership LLC. NJR Clean Energy said that the $208.5 million transaction completes the sale of all its operating wind facilities. In June, the company sold a…...
The New York Public Service Commission on Dec. 14 approved phase III of the New York State Energy Research and Development Authority’s plan to implement the Clean Energy Standard or CES, adopted in August 2016, to achieve the state’s goal of obtaining half its electricity from renewable resources by 2030. The program includes a renewable…...
Virginia is striding towards a clean energy future by paving the way for faster and larger deployment of renewable energy and energy efficiency. The Grid Transformation and Security Act of 2018 declares that 5,000 megawatts of solar and wind energy are in the public interest, making it easier for these projects get regulatory approval. The state’s 10-year energy plan emphasizes grid modernization and innovative technologies, setting goals for renewable energy generation, energy efficiency, and electric vehicles.
The proliferation of customer-sited generation has prompted utilities to push for demand charges – a fee based on a customer’s peak consumption during a billing period – to recover fixed costs and address cross-subsidies. Utilities face the conundrum of losing revenue as customers installing distributed generation, such as rooftop solar, rely less on the utility for power needs while also shifting costs to other customers. Solar advocates argue that these fees impact customers’ ability to control their bill, potentially wiping out the incentive to install solar.
