Regulation & Policy: Page 46
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Western utilities to share capacity under proposed resource adequacy program
“We can better ensure reliability by working together, and we avoid the risks and inefficiency of continuing to do it individually,” Rebecca Sexton, Western Power Pool director of reliability programs, said Wednesday.
By Ethan Howland • Sept. 1, 2022 -
DOE launches $10.5B Grid Resilience and Innovative Partnerships Program
The planned funding includes $2.5 billion for grid resilience grants, $3 billion for smart grid grants and $5 billion for grid innovation efforts.
By Ethan Howland • Aug. 31, 2022 -
Explore the Trendline➔
Kevork Djansezian via Getty ImagesTrendlineSustainability
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 -
California nears vote on proposal to keep Diablo Canyon nuclear plant online as deadlines loom
The final version of the Newsom administration’s proposal would provide the state with the option to extend the plant’s two units – originally scheduled to shut down in 2024 and 2025 – for another five years.
By Kavya Balaraman • Aug. 31, 2022 -
Opinion
How states and utilities can capitalize on the biggest clean energy legislation in US history
Utilities should use the IRA’s tax credits and reinvestment financing to accelerate their clean power ambitions, replacing risky fossil plants with renewables to boost profits and cut consumer costs, the authors write.
By Dan Esposito and Kimani Jeffrey • Aug. 31, 2022 -
PECO Energy agrees to $150K civil penalty, energy assistance payments, for improper 2018-19 disconnections
The issues stem from software updates at PECO Energy's customer call center. The utility has also agreed to contribute about $400,000 to a bill payment assistance fund.
By Robert Walton • Aug. 30, 2022 -
FERC approves ISO-NE plan to bypass the grid operator and rely on state reviews for DER interconnections
The proposal is expected to lower wholesale power prices by increasing distributed energy supplies, the Federal Energy Regulatory Commission said.
By Ethan Howland • Aug. 29, 2022 -
EV, clean energy, environmental leaders convey Inflation Reduction Act concerns, shortfalls
Onshoring requirements for making EVs and content sourcing for critical minerals could challenge manufacturers, experts say, and climate progress depends on governments using funds from the climate and infrastructure laws wisely.
By Dan Zukowski • Aug. 25, 2022 -
FERC gives NextEra, ConEd, Equitrans 4 more years to finish $6.6B Mountain Valley gas pipeline
The Federal Energy Regulatory Commission on Tuesday said the long-delayed project remains in the public interest.
By Ethan Howland • Aug. 24, 2022 -
TC Energy’s NW gas project should be rejected over climate concerns: West Coast attorneys general
The GTN Xpress project runs counter to state climate laws, isn’t needed and would be subsidized by existing customers, the attorneys general told the Federal Energy Regulatory Commission Monday.
By Ethan Howland • Aug. 22, 2022 -
GreenHat Energy, traders to pay $181M to settle PJM market manipulation allegations
The GreenHat traders will pay $1.4 million, down from the recommended $68.1 million, according to settlement agreements approved Friday by the Federal Energy Regulatory Commission.
By Ethan Howland • Aug. 22, 2022 -
Deep Dive
DOE to attack CO2 emissions with billions in funding from inflation reduction, infrastructure laws
The Energy Department wants big R&D spending to have CO2 reduction tools ready by 2030, but clean energy advocates see it delivering wealth and prolonged life to fossil fuels and slowing renewables deployment.
By Herman K. Trabish • Aug. 22, 2022 -
Justice Department, FTC urge FERC to expand competition for building new transmission, deny utility exclusivity
The Edison Electric Institute disagreed, saying Wednesday that utilities should have first dibs on building transmission because competition doesn’t work in the sector.
By Ethan Howland • Aug. 18, 2022 -
New ERCOT CEO Pablo Vegas must address soaring energy costs, market observers say
Vegas, currently executive vice president of NiSource, will take over leadership of the Texas grid as efforts to ensure reliability are driving customer bills higher.
By Robert Walton • Aug. 17, 2022 -
Opinion
Liberty never looked so green: Policy implications of private carbon-free energy commitments
Our struggling climate, economy and public finances face a triple reckoning. Enabling private capital to voluntarily flow to its most productive uses benefits all three, the author writes.
By Devin Hartman • Aug. 17, 2022 -
What inflation – and the Inflation Reduction Act – mean for the clean energy sector
While inflation rates could pose challenges for clean energy projects, the passage of the Inflation Reduction Act could more than make up for those impacts, experts say.
By Kavya Balaraman • Aug. 16, 2022 -
Utility leaders hail clean energy tax incentives as House sends historic climate bill to Biden’s desk
The bill's 15% minimum corporate tax could ding some investor-owned utilities, however.
By Ethan Howland • Aug. 15, 2022 -
Baker signs major Massachusetts climate bill despite concerns over fossil fuel limits, other provisions
The decision to not exempt multifamily housing from the community-level ban on natural gas and other fossil fuels will ensure that low- and moderate-income families continue to be priced out of these towns, Gov. Charlie Baker said.
By Larry Pearl • Aug. 12, 2022 -
FERC commissioners press financial giant Vanguard over possible efforts to influence utility power portfolios
“Should a company like Vanguard seek to influence the management and operation of utilities’ generation portfolio, for example, this could have a significant impact on the rates consumers pay for electrical service,” the commissioners said.
By Ethan Howland • Aug. 12, 2022 -
Gov. Baker wavers on signing Massachusetts climate bill due to concerns over fossil fuel limits
"Part of the bill gives me agita,” the governor said Tuesday, according to CommonWealth Magazine.
By Larry Pearl • Aug. 10, 2022 -
Opinion
Diving into the Inflation Reduction Act’s tax credits and the ambitious plan to reshape the US energy sector
Tax incentives in the plan would stabilize federal energy policy, incentivize domestic manufacturing, and benefit communities impacted most by the changing energy landscape, the author writes.
By Mona Dajani • Aug. 9, 2022 -
Hawaiian Electric braces for bill increases amid high oil prices, coal plant retirement
At the same time, the company sees a lot of potential upside from the Inflation Reduction Act, executives said during an earnings call Monday.
By Kavya Balaraman • Aug. 8, 2022 -
Senate passes Inflation Reduction Act with $369B in energy and climate spending
The House of Representatives is scheduled to vote Friday on the bill, which includes major tax credit provisions to spur emissions-free energy, electric vehicles, nuclear power and clean hydrogen, among other things.
By Ethan Howland • Aug. 8, 2022 -
Virginia regulators approve Dominion Energy’s 2.6-GW, $9.8B offshore wind farm
The project will be the largest wind farm in the U.S. and the first with diversity hiring requirements, the Sierra Club noted.
By Larry Pearl • Aug. 8, 2022 -
Sponsored by ScottMadden
Electrifying fleet customers – How utilities can capitalize on the coming fleet electrification wave (before it’s too late)
Utilities have a critical role in the coming wave of commercial vehicle electrification. Fleet advisory services are necessary to determine infrastructure needs to successfully manage new charging demands.
Aug. 8, 2022 -
Sinema backs Inflation Reduction Act, clearing hurdle to $369B energy, climate package
An agreement reached Thursday with the lone Democratic holdout, Sen. Kyrsten Sinema, D-Ariz., opens a path for the bill to move through the Senate.
By Ethan Howland • Aug. 5, 2022