Energy Exchange

Stakeholders Gather to Discuss How Time-Variant Electricity Pricing Can Work in New York

By Beia Spiller / Published: April 8, 2015

Last week, Environmental Defense Fund (EDF) co-hosted a successful forum on residential time-variant electricity pricing – which allows customers to pay different prices for electricity depending on when it is used – within the context of New York’s ‘Reforming the Energy Vision’ (REV) proceeding.’

Co-hosted with the New York Department of Public Service and New York University’s Institute for Policy Integrity, the full-day forum, “On the REV Agenda: The Role of Time-Variant Pricing,” brought together more than 150 regulators, utility executives, academics, and other stakeholders to explore how residential time-variant pricing works, what it can accomplish, and how best to implement it. Below is a recap of some of the high-level takeaways from the forum.

How time-variant pricing (TVP) works

One of EDF’s objectives has been to improve the efficiency of the electricity industry by pursuing a market-based approach to electricity pricing. In most well-functioning markets, the cost of making a product and its relative scarcity is reflected in the price. For example, a door is more expensive than the wood with which it is made in order to reflect the labor costs involved. Similarly, strawberries are more expensive during the winter because they are less abundant during that time. Customers understand that prices vary with production costs and over time, yet neither of these elements gets reflected in how residential customers currently pay for electricity.

Posted in Clean Energy, Electricity Pricing, New York, Utility Business Models / Comments are closed

Clean Energy Legislation in the Heartland Promises Jobs

By Dick Munson / Published: April 2, 2015

Clean energy advocates tend to maintain a bi-coastal focus. No doubt my California and New York colleagues often see their states as the bellwethers when it comes to new policy initiatives. But, real innovation is taking place in Illinois, a state that national clean energy advocates tend only to fly over.

For the next couple of months, Illinois’ legislative session will be in full swing, giving lawmakers the chance to craft policies that redefine an electric utility, establish markets that reward clean energy, and set the foundation for the Environmental Protection Agency’s proposed Clean Power Plan, which will put in place the nation’s first-ever limits on carbon pollution from existing power plants.

The best opportunity to achieve these goals is through legislation called the Illinois Clean Jobs Bill. This legislation is backed by a broad coalition of groups that, in the past, have found themselves at odds, but are now pulling in the same direction. Read More »

Posted in Clean Energy, Illinois, Jobs / Read 4 Responses

The Revolution will be Solarized

By Jorge Madrid / Published: April 2, 2015

There’s a clean energy revolution happening in California – and it has the potential to topple the old polluting forces while fighting climate change with the power of the sun.

California is not only producing the most solar power in the country – 8.5 gigawatts, enough to power two million homes – it’s producing more solar power than the rest of the country combined. In 2014 alone, the state more than doubled its solar power, becoming the first state to generate five percent of its total electricity from utility-scale solar. This record does not even count rooftop solar and distributed generation (where California also leads the country), bringing the state closer to an estimated seven percent of its total power generation from free sunshine.

The solar industry employs more than 54,000 Californians – nearly one-third of all solar workers in the nation – and solar jobs in the state grew by 16 percent in 2014 alone (compared to 2.2 percent overall state job growth in 2014). California solar jobs are expected to grow by another 17 percent in 2015.

California cities are the vanguard of this revolution, with Los Angeles, San Diego, San Jose, San Francisco, and Sacramento leading the charge. New research finds that California’s cities and urban centers could generate enough solar to meet the state’s power needs three to five times over, without developing a single additional acre of the state’s natural areas. Read More »

Posted in California, Clean Energy, Energy Equity, Renewable Energy / Read 6 Responses

Clean Energy Conferences Roundup: April 2015

By EDF Blogs / Published: April 1, 2015

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.

Top clean energy conferences featuring EDF experts in April:

Apr 8: Breaking Energy Startup Forum and Mixer (New York City, NY)
Speaker: Rory Christian, Director, New York Clean Energy

Breaking Energy is hosting our first “Energy Startup Forum and Mixer,” which brings together clean energy industry experts, editors, and members of the finance and legal communities to speak frankly about the energy startup space, New York’s clean energy landscape, and to answer attendees’ questions about the industry. We love the one-on-one time with panelists, but this is also a great opportunity to interact with our readers: Learning what they like about Breaking Energy and how we can bolster our coverage. Read More »

Posted in Clean Energy, Conference Roundup / Comments are closed

Study Shows Utilities And Regulators Making Progress On Methane Leaks, But A Major Emissions Problem Remains

By N. Jonathan Peress / Published: March 31, 2015

Th pipelinemethaneemissions e most important takeaway from a study released today by Washington State University (WSU) is that despite improvements, large amounts of methane continue to leak from the nation’s local natural gas systems. Because methane is a particularly potent greenhouse gas, these yearly emissions are comparable to the CO2 from as many as 19 coal-fired power plants.

The estimated value of the gas escaping each year, by the way, is up to $195 million.

Although these figures represent a major ongoing challenge for gas utilities, they do reflect substantial improvement over the past two decades, thanks to a combination of effort and investment by utilities, along with a series of both state and federal policy changes enacted since 1992.

The new findings reinforce the fact that when regulators and companies both set their minds to fixing a problem, they can get some pretty good results. Methane, the primary component of natural gas, is a particularly powerful climate warmer – 84 times more potent than carbon dioxide over the first 20 years after it is released to the atmosphere.

While they remain a serious problem, the ongoing utility emissions also represent an important opportunity for companies and regulators to make a big dent in greenhouse pollution. EDF believes the study underscores three major areas where improvement is necessary: Read More »

Posted in Methane, Natural Gas / Read 2 Responses

Vote-a-Rama Reveals Senators’ Environmental Agenda

By Jeremy Symons / Published: March 27, 2015

It’s been a big news day in the U.S. Senate, with Senate Democratic Leader Harry Reid announcing he won’t run for another term.

But that’s not the only news.

We have had our eyes on the Senate’s marathon “Vote-a-Rama” budget process that wrapped up around three-thirty this morning.

A number of environmental and energy votes came and went in a flurry of two-minute debates. While the votes mean little in terms of law (the budget bill doesn’t even go to the president for signature), Senators on both sides of the aisle brought up measures as trial balloons to find out where Senators stand on issues that could resurface when Congress takes up other legislation in the future.

Disturbingly, but not surprisingly, polluter lobbyists were hard at work and Senators filed dozens of amendments attacking the Clean Air Act, the U.S. Environmental Protection Agency (EPA), President Obama’s Climate Action Plan, and other environmental measures. Read More »

Posted in Clean Energy, Clean Power Plan, Climate / Read 1 Response