Category: Electric Utility

July 27, 2023

Ryan Kelley, chief investment officer at fund manager Hennessy Funds, does not like risk. So when major utilities began to announce sales of their unregulated renewable energy assets about midway through the COVID-19 pandemic, he was rather pleased by the […]

July 25, 2023

PG&E expects system demand to increase up to 70% over the next two decades as more EVs are added. To meet that demand efficiently, the utility developed a forecasting tool and integrated it into its distribution planning processes. “A common […]

July 19, 2023

The outlook for U.S. utility-scale solar has improved on easing supply chain problems, but near-term residential solar growth may be hurt by rising interest rates and changes to California’s net metering policy, Morgan Stanley analysts said in a report Monday. […]

July 17, 2023

Global trends toward clean energy and increasing public calls for decarbonization have created an extremely complex situation for utility companies. This level of change requires significant capital investment that will translate to rate increases. However, in our current economic circumstances, […]

July 6, 2023

PG&E has submitted the first part of an application to the DOE’s Loan Programs Office, Paulo said. There are two parts to the application, she said, the first being a more “generalized application” and the second getting into specific projects. […]

July 5, 2023

A Department of Interior auction of four parcels of land capable of hosting close to 3 GW of utility-scale solar development in Nevada received a total of $105.15 million in high bids, the department said last week, making it the […]

June 30, 2023

The Texas grid has remained reliable so far this summer, even as it set new demand records. Preliminary data shows ERCOT set a new peak demand record of 80,828 MW on Tuesday, besting the previous peak of 80,148 MW in […]

June 20, 2023

Lumen’s study takes a closer look at the operations, costs and benefits of storage resources in California – largely lithium-ion batteries, but also including thermal energy storage and other battery chemistries. These resources range from 25 kW to 300 MW, […]

June 15, 2023

A bipartisan pair of House lawmakers announced on Wednesday that they have relaunched the Grid Innovation Caucus for the 118th Congress, with a focus on modernizing grid technologies and safeguarding the U.S. power system from cyber, physical and environmental threats. […]

June 5, 2023

If the Alabama test has any implications for the broader hydrogen industry, it suggests mixing the fuel with natural gas could hold even greater potential for existing natural gas plants than previously supposed. But don’t expect to see utilities blending […]

May 24, 2023

A shortage of electrical steel is challenging the transition to emissions-free vehicles, delaying power restoration after storms and slowing new home and commercial construction, electric utilities and other groups warned President Biden on Monday. Electrical steel is used in the […]

May 16, 2023

Green Mountain Power has asked Vermont regulators for permission to lift the cap on its popular residential energy storage programs to expand customer access to battery backup power. GMP’s Powerwall program, in partnership with Tesla, and its Bring Your Own […]

May 9, 2023

In December, the CPUC issued a decision updating the state’s net energy metering tariff, implementing an export compensation rate that is tied to the value of behind-the-meter generation on the grid. The agency estimated that the new framework would save […]

May 2, 2023

Indiana’s incumbent utilities will have a right of first refusal to build transmission lines approved by a regional transmission organization under a bill signed Monday by Gov. Eric Holcomb, R. The bill effectively freezes out competitive transmission companies such as […]

May 1, 2023

There are many reasons utilities and power plant operators need to enable advanced analytics to better utilize data. It could start with better load forecasting with real-time updates, supporting both power plant operations and the electricity grid. Data also is […]

May 1, 2023

European countries have moved quickly to adopt new energy sources after Russia’s invasion of Ukraine in February 2022. Governments have reduced imports of Russian-produced energy, with demand for natural gas in the European Union (EU) dropping by 13% last year […]

April 26, 2023

With the passage of the Inflation Reduction Act (IRA) in December, the U.S. put some real financial muscle behind efforts to combat climate change and incentivize renewable energy with $370 billion in loans, grants, and tax credits to spur clean […]

April 18, 2023

The New York State Energy Research and Development Authority and Department of Public Service in December issued a roadmap to double the state’s initial 3 GW storage goal to 6 GW by the end of the decade, with a 1.5-GW […]

April 14, 2023

Prudence is a regulatory concept used to evaluate whether utility decisions are reasonable and necessary to provide safe, reliable and cost-effective service to customers. While this analysis is typically associated with the mundane procurement of poles and wires, geopolitical tensions […]

April 13, 2023

Perhaps the most devastating thing that could happen in any developed country would be widespread catastrophic damage to its electric power grid. Nearly everything in an industrialized nation relies on electricity to function. Without it, normal water supplies, sewer systems, […]