Energy Exchange

Data reveals real-time electricity pricing would help nearly all ComEd customers save money

Over the past few years, Illinois has taken great strides to not only modernize its electric grid, but also to provide people and businesses with access to energy data.

In February, the Illinois Commerce Commission (ICC) approved the release of anonymous, aggregate energy-use data on a large scale, broken out in half-hour increments, 24 hours a day. Sensing an opportunity to unlock innovation, Environmental Defense Fund (EDF) and the Citizens Utility Board (CUB), Illinois’ utility watchdog, dove into that treasure trove of granular data.

Specifically, we wanted to see how the customers of Illinois’ largest electric utility, ComEd, would have fared under a “real-time pricing” program in which power prices change hourly. Anonymous data from over 300,000 homes revealed several interesting tidbits that we’re sharing in our new whitepaper, The Costs and Benefits of Real-Time Pricing.

Most importantly, the study shows that real-time prices would have saved 97 percent of customers money in 2016 – even if the customers made no changes to how they use electricity. Read More »

Also posted in Clean Energy, Electricity Pricing, General / Read 1 Response

3 ways Dynegy is trying to make Illinoisans bail out its aging coal fleet

Dynegy, a Texas-based energy giant, is pulling out all the stops in Illinois to keep uneconomic and dirty coal plants running.

Dynegy is Illinois’ largest producer of coal-fired electricity, but the falling prices of other power sources, including renewable energy, have hurt the company’s bottom line. Last year, Dynegy tried to ramrod customer-funded coal subsidies into the Future Energy Jobs Act at the last minute, but Environmental Defense Fund (EDF) and our allies successfully blocked that effort.

But, like the Hydra of Greek mythology, when we cut off one head, more appeared. The legendary Dynegy hasn’t given up on its quest for a coal bailout, and the company is tapping nearly every avenue of government along the way. Read More »

Also posted in Air Quality, Clean Energy / Read 2 Responses

Innovative measurement tool will help Illinois calculate the benefits of smart-grid investments

Even as the Trump administration moved last week to repeal the Clean Power Plan, some of the biggest American utilities indicated they’ll continue investing in clean energy and strategizing around climate change.

And as they continue investing in smart meters and other grid modernization efforts, utilities will want to know how well they do. Are grid programs fulfilling environmental promises and cutting pollution? Can they measure success and prove to investors and regulators they’re making smart decisions?

In Illinois, electricity providers Commonwealth Edison (ComEd) and Ameren are the first in the country to adopt a new tool that calculates clean air benefits from investments such as advanced meters. ComEd began using the tool last year, and now Ameren will follow suit.

Beyond bringing tangible rewards to the utilities, this little-noticed milestone can have major implications for the entire power industry. Read More »

Also posted in Grid Modernization / Read 2 Responses

This utility is training workers for the clean energy future – with an eye on inclusion and equity

A clean energy future is attainable only with a proper workforce to support it, a fact recognized by the Illinois Commerce Commission (ICC) and Illinois’ largest electric utility, ComEd. The ICC recently approved ComEd’s $30 million Workforce Development Implementation Plan – a first-of-its-kind plan that establishes three clean energy jobs training programs for the citizens of Illinois.

The bones of the plan were established by the Future Energy Jobs Act, a bipartisan clean energy development package passed by the state legislature in December 2016. The act directs ComEd to implement its job training programs with special attention given to the recruitment, training, and placement of economically-disadvantaged communities, foster care alumni, and returning citizens. Since the bill went into effect, ComEd has worked with a variety of groups – including Environmental Defense Fund (EDF) and environmental justice stakeholders – to meet the legislation’s goals.

By crafting a comprehensive and inclusive workforce development plan, ComEd is setting an example that other utilities can follow as the U.S. transitions to a clean energy economy. Read More »

Also posted in Clean Energy, Energy Equity / Comments are closed

The power of energy data in Illinois and beyond

The U.S. electricity industry is experiencing unprecedented innovation and change. The grid is getting smarter and customers can play a more active role in how their electricity is made, moved, and used. Between all the initiatives that utilities, cities, and states are pursuing and the new services and products that entrepreneurs are creating, it can be difficult to keep up.

That’s why I enjoy connecting with and learning from colleagues at events like the Demand Response and Distributed Energy Resources World Forum. Held in Costa Mesa, California on Oct. 10-11 this year, the forum brings together stakeholders from across the clean energy industry to discuss the latest technology and business strategies for increasing distributed energy resources – like solar panels and batteries – and demand-side resources like demand response. Read More »

Also posted in Data Access / Comments are closed

How Illinois is working toward a cleaner, more equitable energy future

By Tyler Fitch, 2017 EDF Climate Corps Fellow

EDF Climate Corps fellows are designing clean energy solutions that reduce pollution and save money across the country. And at my summer fellowship with Environmental Defense Fund’s (EDF) Midwest clean energy team as a part of the Illinois Clean Jobs Coalition, I pursued ways to make clean energy benefit more than just one bottom line.

My work resulted from the Future Energy Jobs Act, a monumental piece of bipartisan legislation that aims to transform Illinois' clean energy economy and “benefit all citizens of the State, including low-income [communities].” Those lofty goals were enshrined in law in December 2016, the result of hard work and negotiation from the Clean Jobs Coalition, a group of more than 200 environmental, business, and faith organizations dedicated to promoting clean energy in the state.

The energy landscape is changing in Illinois, and – if the Future Energy Jobs Act achieves what it set out to do – the future will be brighter for everyone. Here’s how. Read More »

Also posted in EDF Climate Corps, Energy Equity / Comments are closed