Regulation & Policy: Page 18
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FERC approves PJM capacity accreditation, modeling reforms aimed at boosting reliability
“PJM’s development of a new framework that seeks to assess the patterns, drivers, and probabilities of reliability risk across all hours of the year is an important advancement,” FERC Commissioner Allison Clements said.
By Ethan Howland • Feb. 1, 2024 -
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2024 US power sector outlook
The U.S. clean energy transition is expected to accelerate in 2024 but faces question around transmission, financing, federal elections and other issues.
By Utility Dive staff • Jan. 31, 2024 -
Explore the Trendline➔
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TrendlineSustainability
Companies are pursuing increasingly ambitous sustainability goals around clean energy, but integrating rising amounts of renewables, minimizing environmental impacts, and achieving carbon reduction targets can be challenging.
By Utility Dive staff -
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EEI, utilities urge FERC to reverse decision cutting PG&E equity adder for CAISO participation
The commission’s decision to deny Pacific Gas & Electric extra return on equity marks an “unfortunate shift” in the agency’s approach to infrastructure investment, the Edison Electric Institute said Monday.
By Ethan Howland • Jan. 30, 2024 -
Permission granted by Esme Howland
FERC Outlook: Danly exit could boost transmission reform, but smaller commission poses risks
Other top priorities for FERC this year include continued efforts to improve the interconnection process, consideration of expanded transmission ties between regions and possible power market reforms, according to agency experts.
By Ethan Howland • Jan. 29, 2024 -
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Deep DiveNew solutions emerge to better integrate renewables into the grid, Xcel, Eversource and others say
Requiring the 400+ GW of battery capacity in U.S. interconnection queues to have grid-forming capabilities could enable variable renewables growth “cheaper and faster than adding new transmission,” one expert said.
By Herman K. Trabish • Jan. 25, 2024 -
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Deep DiveTo keep or not to keep: The fate of scope 3 emissions in SEC’s climate disclosure rule
Given all of the pushback the agency has received over its proposed rule, particularly scope 3 reporting requirements, experts are uncertain if scope 3 will make the final cut.
By Zoya Mirza • Jan. 25, 2024 -
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House GOP says SEC is overstepping authority, cannot demand climate disclosures
Expert witnesses for the Financial Services Subcommittee differed in legal interpretations of the agency’s power to issue the rule.
By Lamar Johnson • Jan. 23, 2024 -
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Deep DiveUtility Business Outlook: Power prices stay elevated as elections sow uncertainty for clean energy plans
For utilities and the clean energy sector, 2024 could bring “an exceptional level of volatility and opportunity,” according to Bank of America Global Research analysts.
By Robert Walton • Jan. 23, 2024 -
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NERC issues 3-year plan for setting reliability standards for wind, solar, storage
The plan responds to a Federal Energy Regulatory Commission order driven by concerns about inverter-based resources tripping offline. The new reliability standards are scheduled to take effect by the end of the decade.
By Ethan Howland • Jan. 23, 2024 -
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FERC rejects MISO interconnection queue cap, saying it could be undermined by exemptions
However, the agency on Friday approved other elements of the midcontinent grid operator’s proposal to revamp its interconnection process, such as increased milestone payments.
By Ethan Howland • Jan. 22, 2024 -
FERC approves gas pipeline needed for TVA plan to shutter 2.5-GW coal-fired power plant
Replacing the Cumberland power plant with gas-fired generation will reduce carbon emissions by about 7 million metric tons a year, FERC said Thursday.
By Ethan Howland • Jan. 19, 2024 -
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Extreme weather shows need for dispatchable resources, new transmission: FERC commissioners
FERC Acting Chairman Willie Phillips expects the agency will issue new transmission planning and cost allocation rules in the “coming months.”
By Ethan Howland • Jan. 19, 2024 -
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Federal programs create little incentive for companies to make low-carbon hydrogen: IEEFA
Hydrogen producers could gain greater financial benefit from incentives for carbon capture than from the hydrogen production tax credit, which imposes caps on emissions, IEEFA analysts say.
By Emma Penrod • Jan. 19, 2024 -
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Deep DiveRenewable Energy Outlook: Addressing supply chain, project hurdles could see dividends in 2024
It may be a blessing in disguise for the offshore wind industry that so many developers had to delay or cancel projects last year, one attorney said.
By Diana DiGangi • Jan. 18, 2024 -
Permission granted by Esme Howland
OpinionFour key predictions for FERC’s 2024 electricity agenda
Looming over any predictions are the ever-increasing concerns about the reliability and stability of the nation’s electric grid. Any major reliability event in this election year could instantly reshape FERC’s agenda and priorities.
By William Scherman, Jeffrey Jakubiak, John Decker, Damien Lyster, Jennifer Mansh, Jessica Rollinson and Jake Silver • Jan. 17, 2024 -
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DC government, ratepayer advocate oppose Exelon utility’s multi-year rate plan
The opposition reflects emerging concerns about rising electric rates, per Paul Patterson, a Glenrock equity analyst. “We’re beginning to see — in certain jurisdictions — regulatory pushback,” he said.
By Ethan Howland • Jan. 17, 2024 -
Retrieved from California Governor Gavin Newsom/YouTube.
Gov. Newsom proposes $283M cut to California’s building decarbonization programs
The proposed 2024-25 budget would also delay $600 million of funding for the state’s electric vehicle rebate program, Clean Cars 4 All, and EV charging stations by three years.
By Dan Zukowski • Jan. 16, 2024 -
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SRP’s residential rooftop solar program violates PURPA, Vote Solar tells FERC
Federal regulators should launch an enforcement action over Salt River Project’s allegedly discriminatory solar rates, according to Vote Solar and two SRP customers.
By Ethan Howland • Jan. 16, 2024 -
The image by RM VM is licensed under CC BY-SA 4.0
FERC allows activist investor Elliott to buy up to 20% of NRG Energy stock
The decision comes as the Federal Energy Regulatory Commission is considering changing its policy on investment firm purchases of utility stock.
By Ethan Howland • Jan. 11, 2024 -
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9 US power sector trends to watch in 2024
The U.S. march toward a decarbonized electric system will continue in 2024 as policymakers and others work to balance, climate, reliability, affordability and other goals.
By Robert Walton, Ethan Howland, Diana DiGangi, Larry Pearl, Kavya Balaraman and Emma Penrod • Jan. 10, 2024 -
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Virginia lawmaker proposes data center efficiency bill, possibly affecting Dominion Energy
A proposed bill would require facilities in the state to meet power usage effectiveness standards and procure carbon-free renewable energy to obtain tax exemption credits.
By Joe Burns • Jan. 8, 2024 -
Permission granted by Octopus Energy Renewables
Sponsored by KrakenIt’s time to get our mojo back
The energy industry used to symbolize innovation — how to tap into our ingenuity and look forward to 2024.
By Tyler Rogers, Head of Business Development – North America, Kraken • Jan. 8, 2024 -
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Vitol, power trader to pay $2.3M to settle CAISO-related market manipulation charges
A settlement agreement approved Thursday by the Federal Energy Regulatory Commission resolves a long-running market manipulation dispute.
By Ethan Howland • Jan. 5, 2024 -
Legal threats to city, state natural gas bans in 2023: A timeline
The nation’s first gas ban was overturned. One state changed its building codes to avoid legal challenges. Here’s the biggest gas ban news of 2023.
By Ysabelle Kempe • Jan. 4, 2024 -
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Deep DiveAs reliability concerns with renewables rise, upgrading inverters is urgent, analysts say
The variable output of renewable energy resources requires “grid-forming” inverters to protect power system current flows, engineers and others agree.
By Herman K. Trabish • Jan. 2, 2024
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