A State Energy Plan (SEP) is a comprehensive strategy that helps policymakers, state utility regulators, energy suppliers, and consumers strategically plan for a state’s energy future. The goal of an SEP is to act as a roadmap to improve energy affordability, security, and resilience, which in turn, will ultimately lead to a state’s prosperity. As of 2014, thirty-eight states and the District of Columbia have some form of energy planning document to guide statewide energy policy, with another five having begun the process. The Missouri Energy Initiative (MEI) conducted a detailed analysis of SEPs, leading to several conclusions:
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Energy storage has become one of the hottest topics in the electric power industry today as penetration levels of variable energy resources (e.g. wind, solar) rise rapidly. However, from the perspective of the electricity industry, analyzing energy storage can be dauntingly complex, and financial incentives are weakened by depressed electricity prices.
A recent study summarizing the state of energy storage, “Energy Storage and Opportunities: A West Coast Perspective White Paper,” offers the following conclusions:
- Complexities in calculating and realizing the value of energy storage provides multiple system benefits that are often not fully valued, partly because of the
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Along with my colleagues Reps. Tom Cole (R-OK) and Matt Salmon (R-AZ), I introduced the Fuel Choice for American Prosperity and Security Act (FCAPS, or H.R. 5107), a bill to promote fuel competition in our transportation sector. In particular, FCAPS aims to:
- Improve energy and national security by reducing the strategic importance of oil;
- Save consumers money at the pump by opening vehicles to fuel competition;
- Spur economic growth by allowing industry to capitalize on more of America’s natural resources; and
- Reduce the financial burden for automakers and consumers of meeting corporate average fuel economy (CAFE) regulations.
Opening cars to … [read more]
As articulated in Energy 20/20, my blueprint for a new U.S. energy policy conversation, I believe there is a consensus that it is in our national interest to make energy abundant, affordable, clean, diverse and secure. In addressing these goals, too often affordability is ignored – despite the difficult choices increasing energy costs impose on Americans. In particular, low-income households are highly vulnerable to energy prices because energy bills make up a larger percentage of their living expenses. These families are energy insecure, defined as the inability to afford to maintain a home at … [read more]
As midterm elections quickly approach, questions and predictions continue about which energy issues will garner the most attention over the next two years from Congress and other policymakers and influencers. While some new topics have emerged to dominate energy headlines more recently, other issues, such as nuclear waste management, continue to be relevant. Please share your input on what topics require attention from our federal policymakers.