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NYISO to solicit reliability solution from #LIPA due to gas unit closures

NYISO to solicit reliability solution from LIPA due to gas unit closures New York’s power grid operator said Monday it will solicit a reliability solution from the Long Island Power Authority associated with two natural gas units scheduled to be closed in November. In accordance with its tariff, the New York Independent System Operator notified … Continue reading NYISO to solicit reliability solution from #LIPA due to gas unit closures

Sunshine is the best disinfectant for secrecy at New England Power Pool

Sunshine is the best disinfectant for secrecy at New England Power Pool Secret regional tribunals with the ability to drive billions of dollars in infrastructure investments, concerning a service that few people can live without, are something of a rarity here in New England. But I happen to be a member of such a body: … Continue reading Sunshine is the best disinfectant for secrecy at New England Power Pool

Moody’s Gives Regulated Utilities a Negative Outlook for the First Time

Moody’s Gives Regulated Utilities a Negative Outlook for the First Time The credit rating agency said tax reform pushed its regulated utility outlook into uncertain territory. For the first time since it began rating sectors, Moody’s Investors Service has downgraded its overall outlook of the U.S. utility sector. The rating agency dropped credit from stable … Continue reading Moody’s Gives Regulated Utilities a Negative Outlook for the First Time

Falling battery costs to push solar, wind to 50% electricity by 2050

Falling battery costs to push solar, wind to 50% electricity by 2050 BNEF predicts that solar PV capacity will grow 17-fold, and wind six-fold, by 2050, to account for nearly half of global electricity generation. Investments will reach $11.5 trillion. Cost reductions will drive this charge, particularly in the battery market. Despite this, the electricity … Continue reading Falling battery costs to push solar, wind to 50% electricity by 2050

Should the regulatory two-step give way to a new, performance-based dance?

Should the regulatory two-step give way to a new, performance-based dance? Critics say traditional cost-of-service ratemaking is behind the times, but newer models require a complex production from a variety of industry players. Is the process used to set the prices customers pay for electricity biased against new energy technologies? Regulated utilities traditionally go through … Continue reading Should the regulatory two-step give way to a new, performance-based dance?

Is #New_Hampshire on the verge of battery energy storage history?

Is New Hampshire on the verge of battery energy storage history? A small investor-owned utility in New Hampshire may be on the verge of regulatory approval for one of the most ambitious U.S. tests yet of utility-owned, customer-sited battery energy storage systems. In the process, regulators and stakeholders of the DE 17-189 proceeding are wrestling … Continue reading Is #New_Hampshire on the verge of battery energy storage history?

Is Siemens considering unloading its gas turbine business?

Is Siemens considering unloading its gas turbine business? The possible sale of Siemens’ turbine business was first reported by Bloomberg, but since then, the company has pushed back. An internal memo on Friday told staff the company remains “committed” to the business unit, though company leadership is reportedly serious about a possible sale, Bloomberg also … Continue reading Is Siemens considering unloading its gas turbine business?

Sodium- and potassium-based batteries hold promise for cheap energy storage

Sodium- and potassium-based batteries hold promise for cheap energy storage From electric cars that travel hundreds of miles on a single charge to chainsaws as mighty as gas-powered versions, new products hit the market each year that take advantage of recent advances in battery technology. But that growth has led to concerns that the world’s … Continue reading Sodium- and potassium-based batteries hold promise for cheap energy storage