New York is on the path to transforming its electric industry. Since the Reforming the Energy Vision (REV) proceedings kicked off with the goal of creating a more robust and efficient electric grid, the State is now a step closer in the quest to reduce greenhouse gas emissions by 40 percent from 1990 levels. And, thanks to the New York Public Service Commission (PSC), the road is looking a lot smoother.
Last month, the PSC rolled out the Benefit Cost Analysis Order, a methodology for how electric utilities should weigh the costs and benefits of proposed investments that affect the grid. With this new order, utilities will be required to calculate the net benefits associated with portfolios of distributed energy investments, such as rooftop solar and energy storage, and compare them with traditional utility investments, like substations, power lines, and poles.
This decision is crucial for New York’s clean energy future because utilities must now value the environmental benefits of distributed energy sources, and quantify how these different alternatives can work together to create a cost-effective, resilient grid. For example, in the face of severe congestion on the grid, utilities could expand the electric system to meet growing demand. Alternatively, they could incentivize a number of different distributed resources to help bring demand down by, for instance, encouraging customers to install solar panels, participate in demand response programs, or invest in energy efficiency to avoid a grid expansion. Read More
Each month, the Energy Exchange rounds up a list of top clean energy conferences around the country. Our list includes conferences at which experts from the EDF Clean Energy Program will be speaking, plus additional events that we think our readers may benefit from marking on their calendars.
Symbiosis – in which different species have a cooperative or mutually beneficial relationship – is everywhere in nature: honeybees receive vital nutrients from flowers while delivering pollen (male) directly to the female parts of the flower; pilot fish gain protection from predators, while sharks gain freedom from parasites; and dogs protect their owners, while receiving food and shelter. Cited by
In a surprise move this month, the U.S. Supreme Court “stayed” (or put a hold on) the
New York’s environmental and utility regulators are moving closer to a unified approach to building a cleaner, more robust, and affordable energy system.
These numbers don’t lie. They represent the strong support new methane waste and pollution reduction rules from the Department of Interior’s Bureau of Land Management enjoy across the west. Methane is a potent climate pollutant and the main constituent of natural gas, so when oil and gas companies on public land allow methane to be leaked, burned or vented to the atmosphere, it not only impacts air quality and our climate, it also represents an economic loss to taxpayers.