Category: Electric Utility

July 23, 2019

There is accelerating work to transform the utility business model through performance-based regulation (PBR). Traditionally, utilities earn profits through regulator-approved rate increases that recover investment costs and add a margin of return. Many power sector stakeholders have unfulfilled ambitions to […]

July 19, 2019

New York on July 18 enacted the Climate Leadership and Community Protection Act (CLCPA), law that requires the state to produce 100% of its power from renewables and nuclear by 2040. The legislation includes agreements to build two offshore wind […]

July 8, 2019

The Sunshine State is finally owning its nickname when it comes to large-scale solar energy, with Wood Mackenzie Power & Renewables forecasting 9 gigawatts of utility-scale installations between 2019 and 2024. That will likely make Florida the top state market […]

June 27, 2019

A bill introduced by Senate Democrats on June 26 establishes a national electricity standard that would require large retail suppliers to source at least 1.5% of their power from renewables by 2020 and gradually grow that share through 2035. The […]

June 26, 2019

Near- and medium-term renewable integration and reliability resources are “most in need of our immediate attention,” according to the commission’s ruling. “Because of the urgent need, this … will become our first opportunity to design a mechanism to ensure that […]

June 13, 2019

A ‘milestone’ electric thermal energy storage system operated by Siemens Gamesa Renewable Energy is now operational. The heat storage facility is located in Hamburg-Altenwerder in Germany and contains around 1000 tonnes of volcanic rock as an energy storage medium. It […]

June 4, 2019

California regulators are weighing several important decisions ahead of their July business meeting. Besides addressing concerns of utility bankruptcy and wildfire prevention, they could be voting on two separate proposals to help expand the roles of demand response and energy […]

May 22, 2019

For the past two decades, the primary investors in domestic renewable projects have been independent power producers (IPPs) — unregulated wholesale generators that sell their power to utilities, usually under long-term contracts. Yet, as the renewable energy industry matures, shifting […]

May 22, 2019

Onshore wind is the largest and cheapest source of renewable power in the U.S. today, but solar is catching up quickly. No one is more aware of that urgent reality than the wind industry itself. Renewables markets long dominated by […]

May 15, 2019

Florida has continued to encourage utility-led development of solar resources. This latest PSC order allows TECO to recover costs and pay for maintenance for a large solar array without impacting its broader customer base. Under the shared solar tariff, TECO […]