Energy Exchange

Indiana Formally Approves Duke Energy’s Grid Modernization Plan

By John Finnigan / Published: July 6, 2016

grid

UPDATE: Since the March 2016 publication of this original blog post, the Indiana Utility Regulatory Commission (IURC) last week issued an order officially approving a settlement agreement Environmental Defense Fund, along with several other stakeholders, helped negotiate for Duke Energy’s grid modernization plan. The IURC’s order approved the settlement (details of which are outlined in the post below) without change. Now Duke Energy can proceed with the $1.4 billion plan, which will bring many clean energy benefits to Duke’s 800,000 customers.

Help is on the way to reduce harmful pollution in Indiana, which has the seventh highest level of greenhouse gas emissions in the country.

Environmental Defense Fund (EDF) joined a settlement filed this week for Duke Energy’s grid modernization plan. The settlement calls for Duke – the largest utility in the country, which serves over 800,000 Indiana households – to invest $1.4 billion over the next seven years to improve its electric grid. Doing so will deliver major benefits for Duke’s customers. Read More »

Also posted in Demand Response, Utility Business Models, Voltage Optimization / Comments are closed

3 Insider Clues that Demand Response is the Key to a Clean Energy Future in California and beyond

By Jamie Fine / Published: June 27, 2016

California is at the forefront of the clean energy revolution. Innovative policies have helped make the state number one in solar installations and clean tech, and meet the 33 percent renewable energy goal early. This has provided the courage to set a course for half of the Golden state’s electricity to be renewably-sourced by 2030. Three new clues indicate that demand response (DR) will be the key that unlocks our clean energy future.

Traditional demand response signals customers to voluntarily and temporarily reduce their energy use at times when the electric grid is stressed. But there are also other types of demand response that signal customers, their appliances, and their electric vehicles to increase their energy use when electricity is clean, abundant, and cheap. I refer to it as “secret agent DR” because of its stealth quality. Its automated nature allows customers to benefit from demand response without having to think about it on a daily basis. Instead third party companies provide this service through enabling technologies. Read More »

Also posted in California, Demand Response / Comments are closed

As SoCal Braces for Aliso Canyon-Related Blackouts, These Energy Programs Can Help

By EDF Blogs / Published: June 14, 2016


blackout2By Jayant Kairam and Timothy O’Connor. 

Adding insult to injury, Californians learned this spring that the disastrous four-month methane leak at the sprawling Aliso Canyon natural gas storage facility could result in a new problem: outages.

The failure at Southern California Gas Company’s massive storage site exposed a critical weakness in the state’s energy system. Densely populated Southern California is over-dependent on natural gas from a single provider.

As a result, a vast area stretching from San Diego in the south to Los Angeles and San Bernardino County in the east may face power and gas shortages during the hot summer and cold winter months, a recent report by a group of state regulatory agencies warned. Read More »

Also posted in California, Demand Response, Electricity Pricing, Energy Efficiency, Gas to Clean, Methane, Natural Gas / Tagged | Comments are closed

New York Takes a Major Step toward Rethinking Utility Economics

By Rory Christian / Published: June 2, 2016

NY Lights BridgeThroughout the United States, utilities earn a profit through a tried and true regulatory model that has worked well for over 100 years. This model was built on the assumption that customers would use ever increasing amounts of electricity, and it worked for some time. But, as the need to save power and make electric systems more efficient becomes essential to adapt to climate change, this and other assumptions no longer hold true. Without changing how utilities are compensated, we run the risk of experiencing a true irony: utilities, the cradles from which our modern civilization rose, may become the chains preventing us from advancing toward a clean energy future.

Last week, the New York State Public Service Commission (PSC) – which regulates the state’s utilities – took action to transition to a new model aligned with Reforming the Energy Vision (REV), the state’s initiative to transform the electric grid into a cleaner, more efficient and affordable system. By issuing the “Order Adopting a Ratemaking and Utility Revenue Model Policy Framework,” the PSC is changing how New York’s utilities will be compensated, taking a major step to break the chains holding utilities back, and moving from a system where utilities get paid according to how much electricity they sell to one where utilities are compensated for producing environmental benefits aligned with the public good. Read More »

Also posted in New York, Utility Business Models / Read 9 Responses

3 Key Energy Policies that Can Help Us Turn the Corner on Climate

By Diane Regas / Published: June 1, 2016

We know we need massive decreases in greenhouse gas emissions by 2050 if 177 countries are to meet the goals of the Paris climate agreement.

But before emissions go on a steep decline, we need to turn the corner. At Environmental Defense Fund, we have analyzed what it would take to turn the corner by 2020, and zeroed in on a few key actions that will halt the rise in global emissions and make them start to go down. For good.

Christiana Figueres, the United Nations official who led the Paris climate talks, rightly talks about technology, finance and policy – technologies to store and distribute energy, financing to scale the technology we have, and policies to reward innovators who deliver results. Read More »

Also posted in Clean Power Plan, Climate, Electricity Pricing, Methane / Read 1 Response

Hot Topics in Clean Energy this California Legislative Session

By Lauren Navarro / Published: May 25, 2016

10935503663_2740a674dc_kAs the days are getting longer and the weather is warming up, kids across the country are counting down the days until summer vacation. California state lawmakers, on the other hand, are rolling up their sleeves and building upon California’s strong foundation of clean energy leadership and momentum. With the electricity sector responsible for about 20 percent of California’s total greenhouse gas emissions – the main culprit of climate change – the state still has work to do.

Last year, the California Legislature passed ambitious clean energy legislation. At the head of the pack, SB 350 (De León) raised the state’s renewable energy target to 50 percent by 2030 and required a doubling of savings gained from energy efficiency in the residential, commercial, and industrial sectors.

This year, the legislature is considering bills that could help California continue on the path to a clean energy future. It is up to our lawmakers to ensure these efforts make it past the finish line and onto the governor’s desk. Read More »

Also posted in California, Demand Response / Read 2 Responses