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EnerKnol is the leading provider of regulatory data, analytics, and tracking software for North American energy markets
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Power & Utilities

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Jan312018

Eversource Adopts Performance-Based Ratemaking in Massachusetts to Meet Clean Energy Goals

January 31, 2018

The Massachusetts Department of Public Utilities has approved a performance-based ratemaking (PBR) mechanism for Eversource Energy to balance infrastructure funding with avoiding rate case expenses and rate redesign that create uncertainty for consumers. PBRs adjust utility revenues based on their measurable performance, and they have been gaining popularity nationwide as grid technology keeps evolving.

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Jan302018

EnerKnol’s Visual Primer – Eversource Adopts Performance-Based Ratemaking in Massachusetts to Meet Clean Energy Goals

January 30, 2018

The Massachusetts Department of Public Utilities has approved a performance-based ratemaking (PBR) mechanism for Eversource Energy to balance infrastructure funding with avoiding rate case expenses and rate redesign that create uncertainty for consumers. PBRs adjust utility revenues based on their measurable performance, and they have been gaining popularity nationwide as grid technology keeps evolving.

Details
Jan242018

Mid-Atlantic Grid Operator Seeks to Accommodate State Subsidies

January 24, 2018

PJM Interconnection has unveiled its capacity repricing proposal aimed at accommodating subsidized resources while preserving price integrity in the capacity market. The grid operator said its proposal would meet state goals, unlike an alternative plan that would extend the minimum offer price rule to both new and existing resources (MOPR-Ex), in effect cancelling out the state subsidies. The move echoes a national trend towards reforming competitive electricity markets to ease tensions between their resource adequacy constructs and state policies.

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Jan232018

EnerKnol’s Visual Primer – Mid-Atlantic Grid Operator Seeks to Accommodate State Subsidies

January 23, 2018

PJM Interconnection has unveiled its capacity repricing proposal aimed at accommodating subsidized resources while preserving price integrity in the capacity market. The grid operator said its proposal would meet state goals, unlike an alternative plan that would extend the minimum offer price rule to both new and existing resources (MOPR-Ex), in effect cancelling out the state subsidies. The move echoes a national trend towards reforming competitive electricity markets to ease tensions between their resource adequacy constructs and state policies.

Details
Jan172018

Historic Federal Tax Cuts Bring Utility Rates Under Scrutiny

January 17, 2018

Dozens of states want utilities to lower rates for electricity and natural gas services following the recently enacted federal tax law which slashed the corporate income tax rate to 21 percent from 35 percent at the start of the year. Sixteen states and consumer advocates wrote to the Federal Energy Regulatory Commission requesting prompt action for the cuts to be extended to customers, while 20 states are mulling rate changes tied to the new tax law.

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Jan162018

EnerKnol’s Visual Primer – Historic Federal Tax Cuts Bring Utility Rates Under Scrutiny

January 16, 2018

Dozens of states want utilities to lower rates for electricity and natural gas services following the recently enacted federal tax law which slashed the corporate income tax rate to 21 percent from 35 percent at the start of the year. Sixteen states and consumer advocates wrote to the Federal Energy Regulatory Commission requesting prompt action for the cuts to be extended to customers, while 20 states are mulling rate changes tied to the new tax law.

Details
Jan102018

Five Power Industry Trends to Watch in 2018

January 10, 2018

Over the past five years, the power industry has evolved at a faster pace because of several simultaneous trends reflecting a broader shift from coal to natural gas and renewables. The changing fuel mix, growth in renewables, and evolution of distributed energy resources are among the key causes catalyzing this transformation. In 2018, most of these trends are expected to continue or accelerate.

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Jan92018

EnerKnol’s Visual Primer – Five Power Industry Trends to Watch in 2018

January 9, 2018

Over the past five years, the power industry has evolved at a faster pace because of several simultaneous trends reflecting a broader shift from coal to natural gas and renewables. The changing fuel mix, growth in renewables, and evolution of distributed energy resources are among the key causes catalyzing this transformation. In 2018, most of these trends are expected to continue or accelerate.

Details
Dec132017

New York Grid Operator Unveils Plan for Energy Storage Participation in Wholesale Markets

December 13, 2017

The New York Independent System Operator has unveiled a proposal for full participation of energy storage in the state's wholesale electricity markets by 2023. The grid operator envisions storage as a vital tool for managing the growing penetration of intermittent and distributed energy resources (DERs). Recently, several other states have turned to storage as a way of solving the intermittency of DERs, delivering more dynamic energy services, and addressing peak demand challenges.

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Dec122017

EnerKnol’s Visual Primer – New York Grid Operator Unveils Plan for Energy Storage Participation in Wholesale Markets

December 12, 2017

The New York Independent System Operator has unveiled a proposal for full participation of energy storage in the state's wholesale electricity markets by 2023. The grid operator envisions storage as a vital tool for managing the growing penetration of intermittent and distributed energy resources (DERs). Recently, several other states have turned to storage as a way of solving the intermittency of DERs, delivering more dynamic energy services, and addressing peak demand challenges.

Details
Dec62017
ERCOT-Proposed-Price-Formation-Reforms

Texas Grid Operator Looks to Bolster Energy Prices Amid Renewables Influx

December 6, 2017

The Public Utility Commission of Texas is examining reforms to price formation in the Electric Reliability Council of Texas (ERCOT) energy-only market over concerns of low prices. The proceeding stems from a whitepaper on shortcomings caused by subsidized renewables and other factors expected to interfere with investment decisions and undermine market sustainability. The ERCOT proceeding highlights the ongoing national discussion over the role of organized electricity markets in ensuring fuel diversity and system reliability through pricing mechanisms.

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Dec52017

EnerKnol’s Visual Primer – Texas Grid Operator Looks to Bolster Energy Prices Amid Renewables Influx

December 5, 2017

The Public Utility Commission of Texas is examining reforms to price formation in the Electric Reliability Council of Texas (ERCOT) energy-only market over concerns of low prices. The proceeding stems from a whitepaper on shortcomings caused by subsidized renewables and other factors expected to interfere with investment decisions and undermine market sustainability. ERCOT proceeding highlights the ongoing national discussion over the role of organized electricity markets in ensuring fuel diversity and system reliability through pricing mechanisms.

Details
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