Utility and Energy Transmission & Distribution News | Utility Dive

Time 2020-06-26 21:03:10

Web Name: Utility and Energy Transmission & Distribution News | Utility Dive

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A company executive said it welcomes the opportunity to avoid investments in new gas assets that might later prove underutilized as local governments and the state work together to realize long-termdecarbonizationobjectives. Read more ➔ June 25:COVID-19 s uneven impact on public power;Will regulators allow utilities to reap a windfall because of COVID-19? The COVID-19 pandemic has also adversely affected financial markets that battery developers and producers rely on, according to developers. A significant portion of Ford s plan relies on switching over its vehicle offerings to high fuel economy, hybrid and ultimately zero-emission vehicles. California has $600 millionin idle funds that can be used to advance energy storage projects; reallocating them would be the shot in the arm the stateneedsnow, the author writes. The 150-megawatt purchase boosts Wells green profile, even if the other party is an oil company. The Rainforest Action Network blasted the bank for financing $198 billion for fossil fuel companies and projects since 2015. The partnership supports the Smart Street Lighting NY initiative, which looks to add LED lights and connect streetlights through IoTtechnology. The venture capital announcement was welcomed bydevelopers in the clean energy space, but Green America said the company s plans are overly vague. Longview Powerdeclared bankruptcy in April, citing pressure from natural gas, a mild winter and the COVID-19 pandemic on its sole asset, a 700 MW merchant coal-fired plant. Due to poor retail rate design, full retail net metering as calculated today is overwhelmingly regressive, former FERC Commissioner Tony Clark says. CoMPASshould enablegrid operators to manage the transition to clean energy, handling fluctuations in supply from renewable resources and demand from electric vehicles, according to LF Energy and its partners on the project. The Trump administrationhas rescinded waivers necessary for states to set their own vehicle emission standards, but that hasn t stopped Nevada and others from showing interest. A new renewables action tracker details the energy transactions made by local governments in the last five years, and the complementingeffortsto influencerenewable energy policy. The American Council for an Energy-Efficient Economy issued a white paper Monday outlining differentstandards, ranging from Tokyo scap-and-trade program to Washington State s clean buildings bill. The company is still exposed to the risk of wildfires in its service territory, according to a former regulator. Experts say the existing standards createa baseline of security buta market-based approach could spur significant new investments including enhanceduse of cloud-based computing systems. Stakeholders weighed in June 19 on four utilities proposals to the Maryland Public Service Commission for eight pilot energy storage projects that could launch in February 2022. Customers almost everywhere will pay for utilities losses, while in Texas and Georgia competitive retailers own much of COVID-19 s economic impact, says Travis Kavulla, vice president of regulatory affairs at NRG Energy. Stymied by years of high prices that seem likely to increase, communities across the six-state TVA region are weighing the possibility of leaving the federally-owned utility. Fleet managers are watching what utilities and agencies do and indicated in a survey they will deployEVsas part of their freight-hauling fleet when they see the infrastructure assemble. Let s clear away the myths about gas, renewables and the grid, writes UC Berkeley professor David Wooley, co-author of a recent report that saida 90% clean electricity system isfeasible in the U.S. by 2035. New YorkCity accounts for about a third of the state s energy use, with nearly all of theelectricity generated within the cityfrom fossil fuels, says a report from two state agencies detailing a path to 70% renewables by 2030. Arizona Public Service challenged commissioners calls to revisit a 2017 rate decision, rebuffing accusations the utility s earnings are too highdue to alleged deficiencies in its customer education and outreach program. The database, now containing information from about half of the Edison Electric Institute s members,helps customerscalculate more easily the emissions related to their energy use. The utilityplans to aid the state s economic recoverythrough a variety of programs, including energy efficiency, renewables and storage, that would create an estimated 5,000 jobs. Massachusetts and Holtec have agreedon financial guarantees, cleanup standards, interim spent fuel storage and other requirementsfor dismantlingthe Pilgrim Nuclear Power Station in Plymouth. 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