Generation: Page 49
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Duke coal ash clean up settlement shifts $1.1B in costs away from North Carolina ratepayers
The proposed settlement details how the utility will allocate the costs of its coal ash removal, allowing it to earn a return on equity from the cleanup, though at a lower rate than it had originally proposed.
By Catherine Morehouse • Jan. 26, 2021 -
Duke stranded gas assets could cost customers $4.8B, report finds
The utility's long-term resource plans in the Carolinas could add up to 9.6 GW of new gas resources by 2050, but a "substantial" amount will need to come offline to meet its zero-emissions goals, the report found.
By Catherine Morehouse • Jan. 26, 2021 -
Minnesota governor accelerates state's carbon-free power target 10 years, to 2040
The state's largest investor-owned utilities — Xcel Energy and Minnesota Power — are pursuing 100% carbon-free energy by 2050, and expressed some concern about the governor's accelerated timeline.
By Catherine Morehouse • Jan. 25, 2021 -
PJM, utilities 'messing with' state sovereignty is 'biggest threat' to climate goals: Maryland commissioner
State lawmakers say that while leaving the capacity market appears less likely with the new administration, his comments reflect a broader power struggle between the state and its grid operator.
By Catherine Morehouse • Jan. 22, 2021 -
Photo illustration by Kendall Davis/Industry Dive; photographs by Gage Skidmore and Getty Images
Biden moves to rejoin Paris climate accord on first day in office, signs order to quickly review Trump regulatory actions
Stakeholders say Biden's day one actions signify that energy and the environment will be a top priority for his team.
By Catherine Morehouse • Jan. 21, 2021 -
FERC rejects NYISO MOPR expansion, gas infrastructure orders, in Danly's last meeting as chair
"This meeting is not normal," an attorney with the Natural Resources Defense Council said in a tweet.
By Catherine Morehouse • Jan. 20, 2021 -
Photo illustration by Kendall Davis/Industry Dive; photographs by Gage Skidmore and Getty Images
DC Circuit rejects Trump EPA ACE rule, opening door for more stringent regulations under Biden
The court found the Clean Power Plan replacement "hinged on a fundamental misconstruction" of the Clean Air Act.
By Catherine Morehouse • Jan. 20, 2021 -
Deep Dive
Hawaii finalizes utility regulation considered potential template for US power system transformation
Stakeholders agree the state's final performance-based regulation order includes opportunities and safeguards that can lead to a new regulatory paradigm.
By Herman K. Trabish • Jan. 19, 2021 -
Deep Dive
2021 Outlook: Greening natural gas while planning for service reliability
Natural gas remains essential to the U.S. energy grid despite deep decarbonization targets, experts say, as utilities and generators pilot lower emission projects, while also looking to energy storage and other options.
By Iulia Gheorghiu • Jan. 15, 2021 -
New York to build nation's largest offshore wind program to bolster green economy
Gov. Andrew Cuomo announced the state selected Equinor Wind US to develop two projects, which will combine for 2,490 MW, more than 20 miles off the coast of Long Island.
By Robert Walton • Jan. 15, 2021 -
California releases final root cause analysis of August rolling blackouts
Renewables and storage advocates said the report shows California should invest more aggressively in long-term energy storage, to ensure power from intermittent resources, such as solar, can be available during peak hours.
By Catherine Morehouse • Jan. 15, 2021 -
Minnesota Power to pursue 100% carbon-free energy by 2050, nix coal by 2035
The utility's commitment means that no more coal-fired plants will operate in the state past 2035.
By Catherine Morehouse • Jan. 14, 2021 -
Deep Dive
2021 Outlook: 10 power sector trends to watch
A new administration under a new party is one of many signs that 2021 will look different for policymakers, regulators, utilities and other stakeholders, but the continuation of some older trends is expected as well.
By Catherine Morehouse • Jan. 13, 2021 -
Deep Dive
2021 Outlook: The DER boom continues, driving a ‘reimagining’ of the distribution system
The rise of distributed resources will require a renewed distribution system that gives utilities more visibility of what's going on at the customer level to cut costs and protect reliability.
By Herman K. Trabish • Jan. 12, 2021 -
Renewables, storage stocks soar as Democrat-led Congress improves environment for green investments
In response to favorable investment conditions, renewables and energy storage companies' stocks — including Sunrun, Tesla, Bloom Energy, Eos Energy and First Solar — have seen significant gains lately.
By Catherine Morehouse • Jan. 8, 2021 -
Democrats to take Senate majority after Georgia victories. Here's how it could impact the power sector.
Analysts and stakeholders say the implications of a Democrat-majority Senate could be consequential for renewables and electric vehicle deployment, as well as broader carbon reduction policies.
By Catherine Morehouse • Jan. 7, 2021 -
EPA finalizes science rule expected to have limited effect on power sector, but NGOs still see threat
Legal experts say that because the rule is procedural, and not subject to the Congressional Review Act, the Biden administration can "kill it" easily.
By Catherine Morehouse • Jan. 6, 2021 -
Top Utility Trends of 2020
Amid significant disruptions caused by the COVID-19 pandemic, the power sector's transition to a cleaner, more distributed future continues.
By Larry Pearl • Jan. 5, 2021 -
Deep Dive
The search for the next net metering policy takes center stage in California
California’s utilities and solar advocates agree a forward-looking successor tariff must use the state’s nation-leading rooftop solar penetration to address its increasingly dynamic system needs with storage.
By Herman K. Trabish • Dec. 23, 2020 -
Courtesy of Dominion Energy
Dominion files plans with federal regulators for 2.6 GW offshore wind project, largest in US to date
The filing with the Bureau of Ocean Energy Management follows Dominion's construction of the first offshore wind turbines approved by regulators in federal waters.
By Iulia Gheorghiu • Dec. 22, 2020 -
Federal stimulus includes wind, solar tax credit extensions, adds first US offshore wind tax credit
The legislative package will also reduce the costs of short-term, long-term, seasonal, and transportation energy storage technologies through a $1.08 billion investment over five years.
By Catherine Morehouse • Dec. 22, 2020 -
Xcel to accelerate Hayden coal plant closure as 3 other Colorado plants get reprieve
In November, the Colorado Air Quality Control Commission indicated it would accelerate the shutdowns, but subsequently expressed concerns about the "feasibility of the transitions if the closure dates are moved up."
By Robert Walton • Updated Jan. 5, 2021 -
Retrieved from Senate Energy and Natural Resources Committee.
FERC's Clements: 'Grave threat' of climate change will 'underlie my approach as a commissioner'
Regulators are obligated to ensure just and reasonable rates and avoid unfair discrimination, but the factors that influence those decisions "have become significantly more numerous and complex" over the past few decades, she said.
By Catherine Morehouse • Dec. 18, 2020 -
Rising renewables penetration is a threat to grid reliability in some regions, NERC concludes
Areas of Texas, California and the Midwest are most at risk as conventional generation continues to retire, according to the annual reliability assessment.
By Robert Walton • Dec. 18, 2020 -
Deep Dive
APS's plan for closing coal plants could be a gamechanger, analysts say, but who will pay?
The company's current rate case includes $144.45 million for communities impacted by its proposed coal closures, the biggest-ever such U.S. utility commitment, but customers would pay over 80% of the plan.
By Herman K. Trabish • Dec. 18, 2020
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