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Larry Pearl

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Utility Dive: NY Says New Renewables Financing Options to Reduce Developers' Financial Risk, Save $4.6B

Posted by Larry Pearl on Jan 17, 2020

Utility Dive reports on the New York Public Service Commission's (PSC) order to offer additional financial options to build renewable energy projects, quoting AEE's Ryan Katofsky. Read excerpts below and the entire UD piece here

The PSC sees its order to the New York State Energy Research and Development Authority (NYSERDA) as a means "to decrease capital costs and further spur the development of ... clean energy resources." The move builds on Democratic Gov. Andrew Cuomo's Jan. 8 announcement, in his 2020 State of the State address, that NYSERDA would make competitive awards to 21 large-scale wind, solar and storage projects in upstate New York, totaling more than 1 GW of capacity, the PSC noted.

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Topics: AEE In The News

Utility Dive: 2020 Outlook — 10 Trends Driving the U.S. Power Sector

Posted by Larry Pearl on Jan 13, 2020

Utility Dive detailed 10 trends that will shape the U.S. power sector in the new year, quoting AEE's Jeff Dennis. Read excerpts below and the entire UD piece here. 

The U.S. power sector is undergoing a fundamental transformation, and has been for some time. But what are the biggest trends to watch in 2020? In speaking to a cross section of industry observers, the following 10 emerged. The economics of wind, solar and storage will continue to improve in 2020, creating a variety of implications seen in many of the other trends below.

"We're seeing time and again, whether it's in planning processes that are conducted by utilities, whether it's in open solicitations in markets ... that using combinations of wind, solar and storage is more cost effective for customers than really any other options, including relying on existing aging coal assets or even building new natural gas assets," Jeff Dennis, managing director and general counsel at Advanced Energy Economy (AEE), told Utility Dive...

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Topics: AEE In The News

Utility Dive: 2019 Holiday Wish List: Power Sector Edition

Posted by Larry Pearl on Nov 27, 2019

Utility Dive published a 2019 Energy Holiday Wish List from representatives of energy trade and environmental advocacy groups, detailed their energy policy "wishes" for the upcoming year, led by AEE's Jeff Dennis. Read excerpts below and the entire UD piece here. 

With the holiday season upon us, many kids — and some adults — are making wish lists. In that spirit, Utility Dive queried a dozen industry and environmental/advocacy groups about their policy wish list. Specifically, what are the top power sector policy developments they would like to see at the state and/or federal level?

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Topics: AEE In The News