PG&E Corporation announced it intends to reorganize under Chapter 11 of the U.S. bankruptcy code as it faces billions of dollars in potential liability resulting from the 2017 and 2018 Northern California wildfires, according to a Jan. 14 press release. The move comes a day after Geisha Williams stepped down as CEO. The company said…...
The California Public Utilities Commission on Jan. 10 opened a docket to implement the provisions of Senate Bill 901 enacted last year, allowing utilities to pass some of their costs to ratepayers. The commission said it will adopt a methodology for wildfire cost recovery, but will not adopt any specific financial outcome for future applications…....
The Virginia State Corporation Commission on Jan. 7 approved Appalachian Power Company’s proposal that allows customers the option to meet 100 percent of their electricity needs from renewable energy resources. Participating customers would pay a premium of $4.25 a month above the standard electric rate. State law permits utilities to design a tariff that customers…...
The power sector evolution continues unabated, marked by rapid growth of wind and solar, and a growing shift toward distributed energy resources such as rooftop solar, battery storage, and electric vehicles. Interest in batteries is accelerating as states seek to capitalize the multiple benefits the technology provides to the grid, while the smart grid evolution…...
The Hawaiian Electric Companies submitted power purchase agreements for seven grid-scale, solar-plus-storage projects to the Hawaii Public Utilities Commission, according to a Jan. 3 press release. The projects total 262 megawatts of solar and 1,024 megawatt-hours of energy storage, with contract prices ranging from $0.08 to $0.12 per kilowatt-hour. The utilities said that the contracts…...
New Hampshire House Democratic lawmakers Peter Somssich, Jacqueline Cali-Pitts, and Kenneth Vincent introduced legislation on Jan. 2 that would establish a task force to investigate the near- and long-term applications of microgrids to better manage demand on the primary grid, allowing for lower customer bills and more efficient use of electricity. (HB 238) The bill…...
The Dayton Power and Light Company, a subsidiary of AES Corporation, filed a distribution modernization plan with the Public Utility Commission of Ohio that proposes to invest $576 million in capital projects over the next decade, according to a Dec. 28 press release. The company said that plan is consistent with PowerForward, the state’s grid…...
Avista Utilities asked the Idaho Public Utilities Commission to determine that the utility’s spending on energy efficiency programs in 2016 and 2017 was prudent, according to a Dec. 20 press release. The agency said that if the programs are not found to be cost-effective, the expenses will be passed on to shareholders, rather than the…...
Monitoring Analytics LLC, the independent market monitor for PJM Interconnection LLC, filed a complaint against the grid operator for determining not to assess a penalty to a market participant who violated the fuel cost policy, according to a Dec. 28 filing with the Federal Energy Regulatory Commission. The market monitor said that the violation occurred on…...
The Ontario Independent Electricity System Operator issued a report on Dec. 20 identifying obstacles and mitigating strategies to ensure that energy storage resources can be integrated into its market and can compete in the delivery of services when feasible. The report calls for clarity in the market rules, Ontario Energy Board codes, and legislation and…...
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 move towards time-varying rates is on the rise as electric utilities seek rate designs that better align with the changing energy landscape. Utilities are increasingly experimenting with time-of-use rates (TOU) – which price electricity higher when peak demand drives up system costs –as customer-sited generation eats into revenues needed to maintain the grid and amid a widening disparity between average and peak demand.
