Energy Exchange

How FERC’s flawed definition of “subsidy” could reshape the energy future for 65 million Americans

The Federal Energy Regulatory Commission issued an order last December that could force many clean energy resources to bid into the nation’s largest wholesale electricity market, PJM, at artificially high prices. State policy makers, consumer and environmental advocates and the clean energy industry alike spoke out in vigorous opposition. Now, that order is being challenged in the courts. In the meantime, PJM must implement its directives in a process that will shape the future energy system for 65 million Americans in a region that spans 13 mid-Atlantic states and the District of Columbia.

While FERC’s December order was already bad policy — replacing competitive bidding with administrative pricing — many aspects of their mid-April order clarifying that policy are illogical and unworkable. As well as threatening competitive markets, these orders undermine state clean energy choices and, if FERC ignores PJM’s latest proposal attempting to soften the impact of the orders, could increase customer costs by billions.

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Also posted in Market resilience, New Jersey, New York, Regional Grid, Renewable Energy / Comments are closed

ERCOT forecast and new analysis show the Texas grid moving away from fossil fuels

A duo of recent announcements underscore the clear direction the Texas grid is headed: toward more renewable energy, storage, energy efficiency and sophisticated demand-side management resources and away from coal.

That means less climate and local air pollution, of course. But it also means more local jobs, less volatile energy costs, a more stable and reliable grid and yet another opportunity for Texas to reap the economic benefits that come with being an energy pioneer.

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Also posted in Demand Response, Energy Efficiency, Energy Storage, Grid Modernization, Market resilience, Solar Energy, Texas / Comments are closed

These two programs will help California reach its carbon-neutral goals

California is continuing its leadership on climate change by eliminating carbon from the economy and our daily lives. In fact, California has a law to create a carbon neutral electric grid by 2045.

This spring, our state took two important steps to support these efforts.

Decarbonizing our buildings

Approximately 25% of the state’s greenhouse gas emissions come from residential buildings. Because these buildings come in all different shapes and sizes, we need different strategies to reduce their emissions.

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Also posted in California, Energy Storage, Gas to Clean, Solar Energy, Wind Energy / Comments are closed

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