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PURA Issues Draft Decision on Electric Rate Increases

December 2, 2014

The CT PURA has issued a draft decision reducing CL&P’s proposed electric rate increase by more than $100M and reflecting a penalty for CL&P’s inadequate performance during 2011 storms. On December 1, 2014, the Connecticut Public Utilities Regulatory Authority (PURA) issued a draft decision on Connecticut Light and Power Company’s (CL&P) rate increase request, approving a…...

[Report] Utilities Moving Toward Alternative Resource Investments

December 1, 2014

State utilities – such as New York’s Con Edison – are beginning to consider non-traditional infrastructure and resource investments to meet peak load. Distributed energy resources investments and increased customer engagement will help create a more diverse, resilient energy grid. Over the next year – and beyond – State PUCs and utilities will work closely…...

DOI Schedules Wind Energy Lease Sale Offshore Massachusetts

November 27, 2014

The DOI will offer approximately 742,000 acres offshore Massachusetts for commercial wind energy development in a competitive lease sale scheduled for January 29, 2015. On November 26, 2014, the Department of Interior’s (DOI) Bureau of Ocean Energy Management (BOEM) published a notice to offer approximately 742,000 acres of the Massachusetts Wind Energy Area (WEA) for…...

EIA Projects Continued High Winter Natural Gas Prices in Boston, NY City

November 26, 2014

According to EIA, 2014 winter natural gas prices in Boston and New York City are expected to remain higher despite an anticipated milder winter. On November 24, 2014, the Energy Information Administration (EIA) released a report projecting higher winter natural gas prices in Boston and New York City despite expectations of a milder 2014/2015 winter.  Though natural…...

Supreme Court to Hear EPA MATS Rule

November 26, 2014

The Supreme Court has agreed to consider whether EPA unreasonably refused to consider cost factors in its MATS rulemaking process. On November 25, 2014, the U.S. Supreme Court granted petitions to hear state and industry challenges against the Environmental Protection Agency’s (EPA) Mercury and Air Toxics Standards (MATS) to decide whether EPA unreasonably refused to…...

EPA Proposes to Update Ozone Standards

November 26, 2014

The EPA has proposed to update air quality standards for ground-level ozone to levels within 65 ppb to 70 ppb from the current level of 75 ppb. On November 25, 2014, the Environmental Protection Agency (EPA) proposed to update the National Ambient Air Quality Standards (NAAQS) for ground-level ozone by strengthening primary and secondary ozone…...

[Report] Non-Hydro Energy Storage Gaining Traction in Grid-Scale Applications

November 24, 2014

Non-hydro utility-scale energy storage solutions are landing record-setting contracts in multiple regions, marking a transition beyond small-scale ancillary services. Fast-reacting and flexible energy storage resources can efficiently provide ancillary services to free-up traditional generation assets for wholesale market participation. The U.S. Bicameral Task Force on Climate Change recently cited that by 2022, the worldwide demand…...

FERC Directs RTOs/ISOs to Review Fuel Assurance Plans

November 21, 2014

The FERC has directed RTOs/ISOs to identify fuel assurance issues relevant to their respective markets and file a report on the status of their efforts to address the issues. On November 20, 2014, the Federal Energy Regulatory Commission (FERC) issued an order directing regional transmission organizations and independent system operators (RTOs/ISOs) to file reports on…...

DOI Authorizes First Renewable Energy Transmission Line in Federal Waters

November 18, 2014

The DOI has offered a right-of-way grant authorizing an offshore wind energy transmission line from Block Island to the Rhode Island mainland. On November 17, 2014, the Department of Interior’s (DOI) Bureau of Ocean Energy Management (BOEM) issued a right-of-way (ROW) grant to Deepwater Wind Block Island Transmission System LLC for its proposed Block Island…...

U.S. Pledges $3B for Green Climate Fund

November 17, 2014

The U.S. has announced a $3B commitment to the Green Climate Fund – the largest single pledge to date. On November 15, 2014 – eve of the 2014 G-20 Summit in Australia – U.S. President Barack Obama announced that the U.S. will contribute $3B to the Green Climate Fund (GCF), the financial support mechanism aimed…...

[Report] Energy Efficiency Resource Growth Hinges on State Policies and Financing Mechanisms

November 17, 2014

State energy efficiency resource standards (EERS) outline near- and long-term energy use reduction requirements for utilities and third-party program administrators. EERS play an instrumental role in reducing power-sector emissions growth and could help reduce electricity consumption by as much as 10 percent by 2020. States that do not have a history of EERS or incentive…...

[Report] PJM Aims for Improved Reliability with Proposed Capacity Market Reforms

November 10, 2014

The 2013-2014 winter polar vortex and cold snap events caused record forced generation capacity outages in the PJM Interconnection region. The high outage levels prompted PJM to reassess its capacity product definitions – and associated performance incentives and penalties – to ensure future system reliability. The currently proposed Reliability Pricing Model (RPM) reforms pose significant…...

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CATEGORIES
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    • Biofuels
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  • Environmental Markets
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Recent Research
  • Policy Primer: Energy Storage Gains Prominence to Foster Grid Reliability
    January 26, 2021
  • Policy Primer: States Rethink Resource Adequacy Constructs
    January 19, 2021
  • Policy Primer: Distribution System Planning Evolves With Growing DER Deployment
    January 12, 2021
  • Year Ahead: Five Must-Watch Power Sector Trends for 2021
    January 5, 2021

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