Diane Levin

New York State is continuing to meet clean energy goals with green energy. The Commission’s Order on Value of Distributed Energy Resource (VDER) Tier 1 Renewable Energy Certificates (RECs) among its members for Clean Energy Standard compliance years 2023 and 2024. Removal of the prohibition on selling and transferring VDER RECS will permit the upstate utilities to sell excess VDER RECs to Con Edison and Central Hudson. This will help to avoid the unintended financial consequences of the upstate utilities forfeiting approximately 1.1 million RECs by end of compliance year 2024 at the cost of approximately $30 per REC.   The process will begin with compliance year 2023 to initiate the savings for both the upstate and downstate facilities immediately. Read more here: https://lnkd.in/eiACPD4B

57

AEP’s 2024 Corporate Sustainability Report is out!

17

Energy storage offers opportunities for balancing electric supply and demand, and represents a key piece of the puzzle in ensuring our transition to cleaner energy can maintain the reliability of New York’s electric system. Recognizing this need, and in response to state law, the Commission established a 3GW energy storage target in 2018. Since then, in partnership with NYSERDA, NYISO, utilities and others, we’ve explored and refined various strategies and actions encouraging the integration of battery storage. Yesterday’s order reaffirms the importance of energy storage, establishing a higher 6GW goal, and supporting programs to cost-effectively increase growth to ensure the pace of energy storage development can meet our growing needs. Link to Order - https://lnkd.in/eTvgjQpK Link to Press Release - https://lnkd.in/e4dQ44Ft

152

4 Comments

“… the co-location of an Amazon data center at Talen Energy’s Susquehanna nuclear plant in Pennsylvania could lead to cost shifting …” Just like the complaints about roof-top PV leading to cost shifting. If only it was possible to make network service pricing cost-reflective 🧐 Btw, you can model “behind-the-meter” nuclear power plants in Gridcog 😀

9

2 Comments

The Commission approved the Statewide Solar for All program yesterday. The program, developed by The New York State Department of Public Service, is a balanced community solar policy prioritizing benefits for low-income households while driving the growth of community solar. It combines two successful state programs — the utility-managed Energy Affordability Program and market-based community solar program — to make access to community solar equitable, to efficiently deliver clean energy savings to low-income households and to reduce installation costs of solar power by allowing participation of Community Distributed Generation (CDG) storage projects as well.    The end results are bill savings to low-income customers, making energy more affordable while providing meaningful benefits to the grid. The Statewide Solar for All program’s will begin by delivering an electric bill credit to EAP customers who reside in a disadvantaged community with the ultimate goal of delivering a minimum of $40 in annual bill credits to more than 800,000 households once the program has fully matured. Press Release - https://lnkd.in/epy_YY-e The Order - https://lnkd.in/eWTNxw-s Full Docket with supporting information - https://lnkd.in/eUphiftq

111

3 Comments

A Visionary Roadmap for New England's Energy Future from ISO-NE's President & CEO, Gordon van Welie! Gordon van Welie recently shared a forward-looking post about how to achieve a reliable clean energy transition for New England. He highlights four key elements that are critical for this goal: - Increasing renewable resources - Securing balancing resources to provide stability when renewable sources are not available -Adding energy storage solutions - Investing more in high-voltage transmission lines to connect renewables and storage to the grid Under Gordon's leadership, ISO-NE has made remarkable progress in implementing these elements, driving innovation and ensuring a sustainable and reliable energy system for New England. Gordon has also been a great supporter of education, giving my students at UCSD excellent guest lectures for five years. His commitment to both the industry and future generations is truly inspiring. Read Gordon's insights and join the conversation about the future of clean energy! #CleanEnergy #Renewables #EnergyStorage #SustainableFuture #ISONewEngland #EnergyTransition #RenewableEnergy #FERC #GridModernization #SustainableEnergy #EnergyPolicy #Infrastructure #Flexibility #PowerSystems

6

This article states grid operators are not effectively using inter-regional ties. At least from my experience in the northeast, the operators’ hands are generally tied by market rules. Transactions across inter-regional ties between the BAs/RCs are scheduled according to the bids submitted into the market. They are scheduled based on the LMPs in each of the respective systems relative to the submitted bids of the transactions. The operators in most cases are precluded from scheduling any energy across the inter-regional ties short of emergency assistance. Operators moving energy based on their view of economics and where power should be flowing results in them being crucified by the stakeholders for potentially manipulating the market and the prices. I’m not really sure where this conclusion came from but it does operators a disservice. #NREL #energyscheduling #operations

22

6 Comments

Battery energy storage systems are a key to unlocking all the benefits of a microgrid. Read how benefits like resilience, stability, and flexibility, plus existing battery technology choices allows consumers to use energy wherever and however it is needed. #micorgrids #batterystorage http://spr.ly/6042d2cjK

4

How is New York State Preparing our energy system for the future? The Grid of the Future proceeding is one of several Commission actions underway to prepare for future needs. Through this effort, we will produce a comprehensive, integrated and actionable plan to for meeting New Yorks evolving electrical needs driven by electrification and the increasing use of distributed energy resources (DERs), such as electric vehicles, battery storage and rooftop solar. We’ll explore how best to value the contributions of DERs on the grid, explore new economic approaches related to markets, rate design and what businesses utilities can engage in. All culminating in approaches to plan for and deploy investments aligned with meeting the goals of the CLCPA and ensuring reliability and safety at just and reasonable rates.   We’re creating new opportunities for New Yorkers to use less energy, while making sure the energy used is as clean as possible. Today Governor Hochul Launches Grid of the Future Study to Build Clean and Resilient Electric Grid

199

10 Comments

Great read on #FERC's latest ruling, given that demand is growing faster than my 5-year-old, Like me, the grid needs all the help it can get. The big question remains one of timing, will this be enough of a stimulus over the short term when demand growth is set to be a problem and a half. #energyinfrastructure #climatechange #VPP #gridoptimization #smartgrid #batterystorage #virtualpowerplants #energyefficiency #smartbuildings #energytransition #energynews https://lnkd.in/g9rjCkUh

5

@RenewableEnergyWorld reporting that community solar is advancing again in PA. Maybe it will finally pass this time? "On March 26, 2024, the Community Solar Act, HB 1842, was passed by vote of the Pennsylvania General Assembly and sent for consideration by the Senate. The Act establishes a third-party-owned community solar program in the Commonwealth. Under the legislation, community solar facilities must have a maximum nameplate capacity of 20 MW (AC) for facilities located on a brownfield or rooftop and 5 MW (AC) if located elsewhere. Community solar facilities cannot have any single offtaker with a subscription for more than 50% of the facility’s capacity or energy output, except for master-metered multifamily residential or commercial buildings. At least 50% of the facility’s subscribed capacity must be for subscriptions of 25 kW or less. Some or all of the facility’s generated electricity must be credited to subscribers’ electric bills to offset all charges except volumetric or demand-based distribution charges. Community solar facilities may be remotely located and are not required to provide energy serving on-site load." Read more at https://conta.cc/49SgukV #solar #energy #solarenergy #renewables #renewableenergy #electricity #energystorage #ESS #distributedenergy #sola

1

This is one of the biggest movers in building electrification and heat pump deployment right now. You want to be here and hear from leaders like Maryland Department of the Environment on what the future of heat pump deployment looks like.

35

2 Comments

Navigating the choice between the ITC and PTC requires careful consideration of project economics, investor preferences, and regulatory frameworks. By aligning incentives with broader climate objectives and mitigating economic distortions, we can unlock the full potential of renewable energy and pave the way for a sustainable energy future. #ITC #PTC #RenewableEnergy

8

Today marks an important milestone in the transition to a net zero grid. Our partners National Grid have fully operationalized the largest Dynamic Line Ratings project in the US, and the first in New York. Kudos to the entire team at National Grid who are leading the industry toward a dynamic, optimized grid, including Rudolph Wynter, Brian Gemmell, Kenneth Buske and Terron Hill. https://lnkd.in/en7sDfA4

192

12 Comments

The ITC's preliminary determination allows the petition to advance, leading to further investigations by the Department of Commerce. This decision underscores the ongoing complexities and challenges within the U.S. solar industry, balancing between protecting domestic manufacturers and maintaining a stable supply chain for solar components. The forthcoming public comments and subsequent rulings will play a crucial role in shaping the future landscape of solar imports and domestic production in the U.S. #GreenEnergy #Renewables

2

The new, inclusive approach of these credits is pivotal for accelerating the deployment of clean technologies and achieving broader decarbonization goals, driving significant increases in clean electricity capacity and reductions in air pollutants and resulting in substantial consumer savings on annual electric costs. #TaxCredits #Decarbonization

6

The New York State Department of Public Service released the Clean Energy Standard Biennial Review Report in Case 15-E-0302 on Monday outlining the state's progress towards its 70 by 30 goal as set forth in the Climate Leadership and Community Protection Act of 2019. As the report indicates, the state's ambitious goal of 70% renewable generation by 2030 is in jeopardy. At the end of 2022, NYS produced only 25% of its generation from renewable sources. It is time to reconvene all stakeholders to examine all available options and all sources of capital in order to close this enormous gap.

28

2 Comments

The Governor’s Energy Office today announced that Maine has joined a total of 10 Northeast states in signing a memorandum of understanding for improved regional planning of electricity transmission to create a stronger, more reliable, and more efficient grid and accelerate the clean energy transition. Other states joining the MOU include Connecticut, Delaware, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Rhode Island, and Vermont. Improving interregional electricity transmission planning and coordination can stabilize energy costs by increasing access to affordable clean energy while bolstering grid reliability at times of high energy demand and improving resilience against extreme weather. https://lnkd.in/e8nWPhD4

117

1 Comment

One of the top priorities for all utilities will need to be clearly and effectively communicating all the costs associated with the "energy transition." "Half of the average consumer bill has nothing to do with what fuel is used to generate electricity. It reflects the cost of transmission and distribution. And those costs are rising fast, according to consumer advocates. Utilities are spending heavily to ramp up their transmission infrastructure as electricity demand grows because of the advent of electric vehicles and data centers for artificial intelligence applications. Increasingly, those costs will be passed along to consumers." “I expect it to accelerate,” wrote David Springe, executive director of the National Association of State Utility Consumer Advocates, in an email to Barron’s. “A lot of spending has yet to hit the consumer bill.” Ten percent rate increases are beginning across the country during a period where natural gas prices are rock bottom and the cost of capital is rising like the sun. Hard to buy the argument that inflation will soon moderate and the Fed will cut rates soon. But if inflation does moderate somewhere down the road, it will not be because of lower electricity prices. There is no kicking this can down the road #communication #utilities #inflation #electricity #costofcapital #interestrates

8