The Latest
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North Carolina unveils ambitious offshore wind power plan, targeting 8 GW by 2040
Gov. Roy Cooper issued an executive order on Wednesday making North Carolina the latest state with an offshore wind target, as the budding sector draws increasing interest from investors and the federal government.
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Duke, Southern other utilities provide more details to FERC on proposed Southeast energy market
The commission had asked the utilities, which also include Dominion Energy and TVA, among others, to provide more details on their proposal to form a centralized energy exchange market.
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California PUC considers sending utilities back to drawing board on hydrogen blending proposal
“This isn’t the commission slamming the door on hydrogen research — they’re just saying that the utilities don’t have a blank check," said Sara Gersen, clean energy senior attorney with Earthjustice.
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'Private industry can't do it alone': Lessons for electric utilities from the Colonial ransomware fallout
Many security experts and the Federal Bureau of Investigation caution against paying ransomware demands. Colonial Pipeline paid about $4.4 million, got its systems back online and will get some of the money back as well.
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Incentives, interconnection rule changes needed to drive renewables + storage, Ørsted, DNV experts say
"More policy development and more incentives are needed for developers to be interested in this market," said Rocio Herrera, a project manager at engineering consulting firm DNV, during the Clean Power 2021 conference Tuesday.
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Texas lawmakers approve bill mandating power plant weatherization, market reforms
Senate Bill 3, signed by Gov. Greg Abbott on Tuesday, mandates weatherization standards and makes some market reforms, but it will not require renewable energy providers to pay for reliability guarantees.
UPDATED: June 9, 2021 at 9:17 a.m. -
Screenshot of Nuclear Energy Assembly 2021
Advanced nuclear tech in 'early innings' but essential to widespread decarbonization, utility execs say
The electric grid cannot be decarbonized "with renewables and batteries alone," Xcel Energy CEO Ben Fowke said at the Nuclear Energy Assembly.
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DC approves disputed Pepco rate increase in new approach to utility regulation
Regulators say their approval is the "first step" in adopting an alternative form of regulation for the city's electric utility, but consumer advocates called the $108.6 million rate increase "appalling and harmful."
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Colorado legislators direct all transmission utilities to join an organized wholesale market by 2030
The passage of Senate Bill 72 is not only an indicator of the growing interest of Western states in regional power markets, but it could also put pressure on other states to create similar policies, one analyst said.
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Connecticut legislators approve 1 GW energy storage target for the end of 2030
A bill passed last week also establishes interim targets of deploying 300 MW of storage by the end of 2024 and 650 MW by the end of 2027.
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Courtesy of Shell
OpinionLaying the regulatory groundwork for hydrogen in the United States
Hydrogen is a fundamentally different energy commodity that merits its own regulatory structure in the United States, the authors write.
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Tim Boyle/Getty Images via Getty Images
Chicago building decarbonization working group to apply equity lens
As the city strives to power all buildings with renewable energy by 2035, it's not just about reducing greenhouse gas emissions but also about "prioritizing the health of people in the buildings," said Chicago's chief sustainability officer.
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New England states push for governance changes in ISO-NE, ahead of anticipated MOPR reform
To quell state frustrations, regulators say conversations will have to move beyond reforming the controversial minimum price rule.
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Avangrid faces tough questions from New Mexico regulators in final hurdle to $8.3B PNM merger
The company is facing scrutiny over $60 million in penalties and cost disallowances levied against its utility subsidiaries across several states for service issues.
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Fate of Illinois nuclear plants in balance after 3 fail to clear PJM auction and subsidy plan stalls
Three Illinois nuclear plants failed to land power contracts at the PJM capacity auction, generating additional uncertainty about their future.
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Kevork Djansezian via Getty Images
Opinion'An unlikely alliance': US investor-owned utilities and NGOs partner to advance new carbon-free tech
The Edison Electric Institute and the Clean Air Task Force announce an initiative to support a slate of emerging carbon-free technologies.
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FERC should expand organized markets across the US, former chairs and commissioners say
Although momentum for RTO expansion is growing, resistance to the shift is strong in some markets where the more competitive structure doesn't exist.
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Permission granted by Stem
PJM reliability valuation proposal could boost energy storage in capacity market, group says
The proposal represents a "necessary and significant step forward," Energy Storage Association Interim CEO Jason Burwen said.
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Nathan Howard via Getty Images
Oregon utilities prepare for 2021 fire season with improved technologies, forecasting and PSPS protocols
“We don’t believe PSPSs are a long-term solution,” one utility representative said, but it will take time to find alternatives.
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Justin Sullivan via Getty Images
OpinionThe Texas Big Freeze: Holistic policy design for a clean and resilient grid
Energy Innovation evaluates a set of lessons from Texas' February power outages that regulators and grid operators can apply around the country, while it cautions against inadequate responses to the crisis.
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Nuclear capacity increases by 4.5 GW in long-delayed 'MOPRed' PJM auction, coal loses 8 GW
Total costs dropped $4.4 billion and prices dropped to $50/MW-day during PJM’s years-delayed capacity auction, due to lower load forecasts, which translate to lower reliability requirements, according to the grid operator.
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Wikimedia Commons
ESG issues weigh on utility credit ratings, particularly PG&E, Edison and FirstEnergy: Moody's
It's early in the energy transition, said Moody's analyst Jeffrey Cassella, but so far the firm has not identified any utility companies turning ESG concerns into net-positives.
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David McNew via Getty Images
California utilities highlight reliability, cost concerns as state charts path to 100% clean power
"California has been a leader in decarbonization... how do we also ensure we’re a leader in making sure we’re planning for reliability as the grid changes?" asked one utility representative.
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California PUC proposes rules to accelerate near-term EV charger deployment
Facing a potential deficit in the number of chargers needed to meet the state's electric vehicle goals, the state gives utilities more flexibility to install new infrastructure.
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Nevada passes clean energy bill requiring state to join RTO, accelerating $2B transmission project
The bill also requires utilities to forecast a path to achieve an 80% reduction in carbon dioxide emissions from 2005 levels by the end of the decade.
