Governor Cuomo has announced five initiatives consistent with the REV strategy to advance the local clean energy industry and modernize utility sector operations. On December 12, 2014, New York Governor Andrew M. Cuomo announced new clean energy initiatives consistent with the Reforming the Energy Vision (REV) strategy to spur innovation and investment, improve customer choice…
Utilities are increasingly pursuing rate design reform to earn revenue as kilowatt-hour demand growth flattens. As net energy-metered residential solar PV installation growth continues, utilities will be challenged with building and maintaining infrastructure with diminishing revenue streams. The fixed charge and net energy metering NEM compensation debate will continue as utilities fight for sustained revenue…
Approval of Con Edison’s BQDM Program is a significant step for the utility to pursue non-traditional infrastructure investments to meet local demand. On December 12, 2014, the New York State Public Service Commission (PSC) issued an order in Case 14-E-0302 approving Consolidated Edison Company of New York Inc.’s (Con Edison) Brooklyn/Queens Demand Management (BQDM) Program to address overload…
The DOE has issued a $12.5B loan guarantee solicitation to support innovative and advanced nuclear energy projects. On December 10, 2014, the Department of Energy (DOE) issued a loan guarantee solicitation of up to $12.5B to finance advanced nuclear energy projects that employ new or significantly improved technologies compared to existing commercial technologies and contribute…
