New York expected to set high bar for energy storage after target bill passage ew York could soon join the ranks of a handful of states that have adopted measures aimed at promoting energy storage. The legislature last week passed bills (SB 5190 and AB 6571) directing that state’s Public Service Commission to develop an … Continue reading #New_York expected to set high bar for energy storage after target bill passage→
Spate of nuclear power plant closures could be start of full-fledged crisis Nuclear power is approaching a crisis point as a significant chunk of the nation’s reactor fleet is planning to close prematurely. Alarm bells are ringing almost weekly as utility companies announce they are closing their nuclear plants years ahead of when their federal … Continue reading Spate of nuclear power plant closures could be start of full-fledged crisis→
Utility Execs See Distributed Energy as the Biggest Stress on Grid Reliability, Revenues Accenture report adds to the wealth of data on utility fears of DERs as grid and business model disruptors. The rise of distributed energy resources remains a worry for utility executives — not just in how it erodes their revenues, but in … Continue reading Utility Execs See Distributed Energy as the Biggest Stress on Grid Reliability, Revenues→
Thoughts on power markets? Executives have a few It’s March. Southern Co. CEO Tom Fanning is sitting in a hotel lounge in downtown Houston talking energy policy, President Trump and what’s wrong with U.S. power markets. At one point, Fanning brings up a name many in the electric industry know, especially in Houston: Pat Wood … Continue reading Thoughts on power markets? Executives have a few→
Trump Administration Releases Budget Slashing Energy Research President Donald Trump wants to balance the federal budget in 10 years, and it appears he believes that to do so, deep cuts to the nation’s energy research funding are needed. The administration’s fiscal year 2018 (FY18) budget request, released Tuesday, May 23, cuts funding for the Department … Continue reading Trump Administration Releases Budget Slashing Energy Research→
Prognosis negative: How California is dealing with below-zero power market prices A rainy winter and growing solar have CAISO prices going negative and renewable energy going to waste — what should policymakers do? Market forces and contract obligations are regularly dipping power prices below zero in California. The dynamic is not new — negative pricing … Continue reading Prognosis negative: How California is dealing with below-zero power market prices→
America’s Utility Of The Future Takes Shape In Illinois, Ohio, And Minnesota For the first 100 years of their existence, utility managers and investors slept well at night knowing three truths would ensure consistent profit growth, so long as they provided safe, reliable and affordable service: – Demand for electricity would keep increasing – Utility … Continue reading America’s Utility Of The Future Takes Shape In #Illinois, #Ohio, And #Minnesota→
Pruitt: EPA no longer about killing off coal The Environmental Protection Agency is no longer about “regulating an entire industry out of business,” EPA Administrator Scott Pruitt said Thursday, visiting a large coal-fired power plant in Missouri that likely would have been forced to close under the Obama EPA’s climate plan. The visit was part … Continue reading Pruitt: EPA no longer about killing off coal→
PJM’s frequency regulation rule changes causing ‘significant and detrimental harm’ Energy storage companies “have suffered significant and detrimental harm” from changes to rules governing the frequency regulation market in US regional transmission organisation (RTO) PJM Interconnection’s service area, the Energy Storage Association has said. The trade group has filed an official complaint with the Federal … Continue reading PJM ’s frequency regulation rule changes causing ‘significant and detrimental harm’→