Energy Exchange

Ohio explores perspectives, opportunities for modernizing the electric grid

By Dick Munson / Published: June 20, 2017

Asim Haque, chairman of the Public Utilities Commission of Ohio.

This post was updated on June 20, 2017.

Just think about the number of interactions we have with electricity each day – from our alarm clocks to our toasters to our smart phones and the lights in our homes and offices.

Electricity is undeniably important to our lives and our economy. And unprecedented energy innovation has created the opportunity to build a smarter, cleaner, and more modern electric grid. But modernizing the grid won’t happen on its own.

That’s why The Nature Conservancy and Environmental Defense Fund (EDF) convened about a hundred participants for a grid modernization conference last week in Columbus, Ohio. People came together to discuss challenges with our aging and frayed grid as well as opportunities presented by modern sensors and smart meters. Although participants brought different perspectives, everyone agreed now is a critical, opportune time to upgrade our aging electric grid.  Read More »

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The more electricity regulators delay, the more customers pay

By Dick Munson / Published: June 2, 2017

Remember the old “money booths,” in which game show participants got to grab as many dollars as they could before the timer went off? Well, FirstEnergy’s the lucky contestant; everyday Ohioans are supplying the cash, and the Public Utilities Commission of Ohio (PUCO) is refusing to call time.

The PUCO is still deciding whether to give final approval to the bailout for the Ohio-based utility giant’s old, inefficient coal plants. Refresher: In October, the PUCO gave a tentative $625-million subsidy to reduce FirstEnergy’s debt associated with its bad business decisions.

PUCO procedures require regulators to solicit responses and reconsider its initial decision. Ohio commissioners, however, have allowed FirstEnergy to start collecting without the final approval. The effective start date of the tariff was January 1, 2017 – nearly five months ago. Read More »

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Don’t buy Perry’s reliability ruse. His fake study is pro-coal propaganda.

By Dick Munson / Published: June 1, 2017

Energy Secretary Rick Perry’s so-called grid reliability study will be nothing more than thinly-veiled propaganda for the coal industry and a tool to justify expensive government handouts to outdated power plants.

How do we know? The tactic is ripped straight from FirstEnergy’s well-worn subsidy playbook.

The Ohio-based utility has relentlessly sought a massive, customer-funded bailout to prop up its unprofitable power plants. It repeatedly tried using reliability as an excuse for subsidies, while the regional grid operator repeatedly declared there would be plenty of generation to keep the lights on without FirstEnergy’s old power plants.

The reliability justification hasn’t worked for FirstEnergy, and it won’t work for the pro-coal Trump administration. The reality is, a 21st-century energy system won’t be based on old, lumbering coal plants. Instead, modern energy technology means we can build a cleaner, more flexible, and reliable electric grid. Read More »

Also posted in Clean Energy, FirstEnergy, Utility Business Models / Read 1 Response

Four reasons to be optimistic this Earth Day

By Jim Marston / Published: April 21, 2017

I’m going to stay positive this Earth Day. I know that’s not what you might expect from me this year, but really, when it comes to America’s shift to cleaner, smarter, advanced energy, there’s reason to be optimistic.

  1. Business is booming…

The advanced energy industry is booming. This includes everything from solar and wind power, to new energy innovations that are smarter and reduce our reliance on fossil fuels, like energy storage, electric vehicles, energy efficiency, and demand response.

The industry grew 29 percent in the last five years, and last year was worth $200 billion – about the same size as the pharmaceutical industry. Tesla – a sort of poster child for the advanced energy industry – just passed Ford Motor Company and General Motors in market cap. In fact, the company dropped “motors” from its name last year, a simple recognition that it’s far more than a car company. Read More »

Also posted in California, Clean Energy, Demand Response, Illinois, Solar Energy, Time of Use, Wind Energy / Comments are closed

Who Pays for the Hidden Costs of Coal?

By John Finnigan / Published: April 13, 2017

The Public Utilities Commission of Ohio is still deciding whether to approve bailouts for FirstEnergy’s and Dayton Power & Light’s (DP&L) old, inefficient coal plants. The Ohio-based utilities want their customers to shoulder the costs of keeping these unprofitable coal plants running.

Coal plants aren’t cheap to operate. And as natural gas, wind energy, and solar energy have become increasingly affordable in recent years, coal can’t compete anymore. Moreover, subsidizing coal plants is not just a matter of higher electricity bills. We need to take into account the hidden costs of coal, which we all have to pay. Read More »

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3 Republican Governors Embrace Clean Energy’s Economic Promise

By Dick Munson / Published: January 26, 2017

solar-panels-workers pixabayLast week, the U.S. inaugurated a new president who has vowed to abandon the landmark Paris climate agreement and roll back bedrock American environmental protections.

But turn to the states and you’ll find a different story, even in the red states that elected President Trump. In fact, Republican governors in the Midwest are prioritizing economic growth and job creation by accelerating investments in energy efficiency and renewable energy. In the few weeks after the election, leaders in Illinois, Ohio, and Michigan have adopted new policies that help tackle climate change and grow the clean energy economy. Read More »

Also posted in Clean Energy, Energy Efficiency, Illinois, Solar Energy, Wind Energy / Comments are closed