Energy Exchange

Report shows Texas leadership on solar and wind is helping safeguard our power grid

Last summer, Texas’ electric grid was put to the test by scorching temperatures that sent power demand soaring and raised the specter of potential brownouts. Thankfully, the grid did what it was designed to do and pulled through without any major issues.

This week, the Electric Reliability Council of Texas released its projection for how we’ll fare this summer. Thanks to massive growth of solar and wind resources made possible by Texas’ competitive electricity market, the outlook is much improved.

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Also posted in Solar Energy, Texas, Wind Energy / Comments are closed

Illinois’ Clean Energy Jobs Act puts people and climate first

Last week was a big one for Illinois energy advocacy. Hundreds of activists from around the state descended on the Capitol to rally and knock on legislators’ doors to persuade them to pass the Clean Energy Jobs Act now. Then, the Illinois House and Senate each held hearings where EDF and our partners in the Illinois Clean Jobs Coalition spoke with legislators to share a similar message: Momentum for clean energy legislation is picking up and CEJA is the only comprehensive piece of legislation on the table that protects both the environment and consumers’ pocketbooks.

In 2016, Illinois took bold action through the Future Energy Jobs Act, embracing of wind, solar and energy efficiency. By enacting this law, Illinois put itself on the front lines of the clean energy revolution.

However, transforming the energy sector is an ever-evolving, momentous task. It cannot be addressed in one fell swoop.

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Also posted in CEJA, Illinois / Comments are closed

Decision by federal regulators underscores urgency of passing Illinois’ Clean Energy Jobs Act

On several occasions, we have argued that Illinois leaders should act swiftly to adopt the Clean Energy Jobs Act. Now, we see renewed evidence that the legislation needs to be adopted quickly to defend Illinois customers from skyrocketing electricity prices and protect the environment from dangerous pollution. Indeed, the clock is ticking if Illinois leaders want to prevent such an outcome.

After more than a year awaiting a decision, the Federal Energy Regulatory Commission today issued an order that pertains to PJM Interconnection’s capacity market. This market was created to ensure there is enough power reserves in the region spanning portions of Illinois, 12 other states and the District of Columbia to maintain reliability during extreme weather or other unplanned events.

Illinoisans may not realize it, but in addition paying for the energy they use, they also pay for power to be on standby for extreme events, like a polar vortex or heat wave. But they’re about to pay a lot more under this new ruling from FERC — both in electricity bills and environmental health costs.

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Also posted in CEJA, Illinois / Comments are closed

Illinois Clean Energy Jobs Act will improve the state’s economic climate

The Illinois Clean Energy Jobs Act is one of the most ambitious climate bills in the country, but it is also a jobs and economic improvement bill. Most legislation gets mired down in talk of price tags, but with CEJA the better question is — how much will the Illinois economy benefit from its passage?

A recent study developed by The Accelerate Group measured the economic impact of CEJA and found the answer — it’s tens of billions of dollars. The new economic impact report released by the Illinois Clean Jobs Coalition shines a light on just how much CEJA would contribute to the state’s economy. Here’s the bottom line: the legislation, if enacted, would result in $39 billion in new private investment in Illinois through 2030.

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Also posted in CEJA, Illinois / Comments are closed

New time-of-use program empowers Illinois consumers to lower bills, reduce carbon footprint

In early October, the Illinois Commerce Commission approved a new electricity rate that holds tremendous opportunity — a time-of-use rate option for customers of Commonwealth Edison Company, the largest utility in the state. This new pricing structure has the potential to lower bills for consumers, while reducing our reliance on dirty sources of power.

After five years of fighting for a TOU rate in Illinois, EDF and the Citizens Utility Board helped design the voluntary new option for customers, which includes three pricing periods for residential customers: Super Peak (2pm-7pm), Off Peak (10pm-6am) and Peak (all other times), with prices being highest during the Super Peak, and lowest during Off Peak. The pilot will serve residential customers and target electric vehicle owners, whose usage is typically higher but more flexible. The time-of-use option is similar to real-time pricing currently available (also on a voluntary basis) in Illinois, but with distinct, pre-determined pricing periods rather than fluctuating hour by hour as real-time prices do.

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Also posted in Illinois, Time of Use / Comments are closed

To ensure North Carolina’s Clean Energy Plan succeeds, we must act now

North Carolina is already reeling from the impacts of climate change in the form of severe weather, sea-level rise and extreme heat. Our people and our communities are bearing the cost of inaction. Solutions are needed now, and thankfully more state leaders, like North Carolina Gov. Roy Cooper, are stepping up and pledging to take action to reduce greenhouse gas emissions.

In October 2018, Gov. Cooper issued Executive Order 80, which set a goal of reducing North Carolina’s greenhouse gas emissions 40% by 2025 and called on state agencies to develop plans for achieving that goal. Last month, the North Carolina Department of Environmental Quality, along with other state agencies, did just that by issuing a series of plans for how North Carolina will tackle climate change here at home.

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Also posted in Climate, North Carolina / Comments are closed