Full Title: Embedding Equity into Energy Regulatory Decisions
Author(s): Bryndis Woods, Sachin Peddada, Tanya Stasio, Elizabeth Stanton, et al.
Publisher(s): Applied Economics Clinic
Publication Date: September 19, 2022
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Reliability and equity are equal co-foundations necessary to provide high-quality energy services. Reliability planning cannot be successful if energy projects are considered in a vacuum, without accounting for—and consulting with—impacted communities; meaningful community engagement must be “baked into” the evaluation and planning process and not just sprinkled on afterward. Credible energy system reliability assessments include explicit consideration of both reliable customer service and equitable outcomes. Energy system investments aimed at enhancing reliability cannot ignore expected impacts and policies related to climate change, evolution of the energy system over time, or the likely equity impacts of these changes.
This Applied Economics Clinic report, prepared on behalf of the Environmental Defense Fund, analyzes the inextricable links between energy system reliability and equity issues. The report assesses how regulators, legislators, city councilors, and other decision-makers should account for equity when making decisions regarding system reliability and provides recommendations to help decision-making bodies change in ways that have the potential to enhance equitable outcomes.