3 item(s) were returned.
Energy storage, a potential solution for integrating intermittent renewables and improving grid stability, again saw rapid growth this past year. A “transition year” for U.S. energy storage, 2016 saw a more diverse market emerge “both in terms of the types of systems (market segments) deployed and the business models.” These trends are expected to continue in the U.S. with combined residential, commercial, and industrial energy storage deployments predicted to surpass 2 GW by 2021. Despite this rapid growth, there are those who claim that the adoption of storage has been slowed by a “web” of regulations at all levels. Some… [more]View Insight
Director, Midwest Clean Energy
Environmental Defense Fund
In a long-awaited decision, Ohio regulators with the Public Utilities Commission (PUCO) approved a $600 million electricity rate plan for Ohio utilities provider, FirstEnergy. FirstEnergy has been struggling financially since a 2011 merger with Allegheny Energy. The utility paid a premium to acquire Allegheny’s coal dependency just as the cost of natural gas began its rapid decline. The PUCO decision was in response to FirstEnergy’s $4 billion bailout plan, which the Federal Energy Regulatory Commission (FERC) rejected after determining the bailout equated to an illegal subsidy that distorted competitive electricity markets. In order to avoid FERC jurisdiction, FirstEnergy revised its… [more]View Insight
President & CEO
The Electricity Consumers Resource Council
On June 10, 2016, Rep. Fred Upton (R-MI), Chairman of the House Energy and Commerce Committee and Rep. Ed Whitfield (R-KY), Energy and Power Subcommittee Chairman, sent a letter to the Federal Energy Regulatory Commission (FERC) regarding the state of organized wholesale electricity markets. This included questions on how federal and state energy subsidies affect organized markets and the jurisdictional “bright line” between state (retail) and federal (wholesale) authority. Deployment of new technologies, regulations, and subsidies are affecting the outcomes and compositions of electricity markets. The Congressmen are exploring whether the Federal Power Act should be altered to help markets… [more]View Insight