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Duke Energy Indiana slow to adopt low-cost advanced energy resources

Posted by Adam Winer on Dec 16, 2021

Newly-submitted integrated resources plan (IRP) from Duke Energy Indiana locks in high-cost fuel sources
 

INDIANAPOLIS, December 16, 2021 – This week Duke Energy Indiana announced what types of energy it expects to use to power homes and businesses in its coverage area over the next two decades, revealing plans to continue heavy use of fossil fuels despite more affordable advanced energy options on the market.

“Natural gas prices are rising and Hoosier ratepayers are already feeling the effects, but this plan by Duke Energy Indiana doubles down on a fuel that utility executives know is more expensive today and predictably volatile tomorrow,” says Sarah Steinberg, principal at Indiana Advanced Energy Economy (AEE). “It also delays the addition of advanced energy resources, like solar, wind, and battery storage, until the next decade, which will lock in higher bills for Hoosier ratepayers instead of making investments in more cost-effective options today.”

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Topics: Press Releases, indiana, Sarah Steinberg

RTO Insider: Biden Calls for Federal Procurement of 100% Clean Energy by 2030

Posted by K. Kaufman on Dec 9, 2021

RTO Insider outlined Biden's executive order in support of 100% carbon-free power by 2030, quoting AEE's Harry Godfrey on the order's manufacturing and jobs benefits. Read snippets below and the full article here.

President Joe Biden signed a sweeping executive order Wednesday directing the federal government to use carbon-free electricity for its 300,000 buildings and to decarbonize its 600,000 vehicle fleet.

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Topics: AEE In The News, Manufacturing and Infrastructure, Harrison Godfrey

Utility Dive: Colorado utilities could cut costs 5% by joining an RTO, PUC finds, as Western market momentum builds

Posted by Ethan Howland on Dec 3, 2021

Utility Dive detailed the Colorado Public Utility Commission's report encouraging state's utilities to join some form of organized wholesale market, quoting AEE's Emilie Olson on the benefits of a regional transmission organization. Read snippets below and the full article here.

Participating in a regional transmission organization (RTO) could save Colorado's utilities up to $230 million a year, or 5% of their costs, while helping meet the state's clean energy goals, according to a study released Wednesday by the Colorado Public Utilities Commission...

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Topics: State Policy, AEE In The News

Advanced Energy Industry Leaders Chosen for Nevada’s Regional Grid Task Force

Posted by Adam Winer on Dec 2, 2021

A western RTO would increase competition and lower energy costs
 

CARSON CITY, December 2, 2021 — Today, national business group Advanced Energy Economy (AEE) applauded Governor Sisolak for his appointments to the Regional Transmission Coordination Task Force, which includes policy leaders in the advanced energy industry, including Enel North America’s Mona Tierney-Lloyd.

The Task Force was created by Senate Bill (SB) 448* (2021) to study the costs and benefits of joining a regional organized wholesale electricity market and to recommend policies that facilitate utility entrance into a Regional Transmission Organization (RTO) by 2030. A western RTO would harness competitive market forces and transparent planning processes to make energy more reliable and affordable for Nevadan ratepayers, and will also spur new private investment and job creation in the state.

“I’m honored to have this opportunity to serve Nevada and Governor Sisolak as the geothermal energy representative on the Regional Transmission Coordination Task Force,” said Mona Tierney-Lloyd, Head of State Public Policy and Institutional Affairs for Enel North America, an AEE member company. “Nevadans deserve all the benefits that come with a transition to clean, affordable, and reliable energy. My goal is that the policies this Task Force ultimately recommends will deliver these benefits.”

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Topics: State Policy, Regulatory, Wholesale Markets, Press Releases

Regional wholesale electric market could accelerate clean energy goals and lower costs for consumers, new Colorado PUC report finds

Posted by Adam Winer on Dec 1, 2021

A western RTO would increase competition and lower energy costs for Coloradans 

DENVER, CO, December 1, 2021 — Today, national business group Advanced Energy Economy (AEE) commended the members of Colorado’s Public Utilities Commission (PUC) for acknowledging the consumer, environmental, and economic benefits of a Regional Transmission Organization (RTO). A new report by Colorado’s PUC found that electric utility participation in a regional wholesale market could reduce electricity costs for consumers by up to 5% annually while accelerating the state’s clean energy goals.

“Coloradans deserve the energy security and economic benefits that a Western RTO will provide, and going it alone is not an option we can stake Colorado’s energy future on,” said Emilie Olson, Principal at AEE. “This report shows that good regional planning and coordination with our neighbors is the answer to developing a clean energy system that lowers energy costs for households and businesses.

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Topics: PUCs, Press Releases

Utility Dive: First Solar announces its largest-ever single order of solar modules — 5.4 GW to bp and affiliate

Posted by Emma Penrod on Nov 23, 2021

Utility Dive outlined First Solar’s largest-ever solar module sale, quoting AEE's Jeff Dennis on what federal clean energy policies will mean for solar developers. Read snippets below and the full article here.

Black Friday came a little early for the solar industry this year. First Solar announced Monday that it has signed a deal to provide bp and Lightsource bp, a 50-50 joint venture between Lightsource and bp, with up to 5.4 GW of solar panels between 2023 and 2025.

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Topics: AEE In The News

E&E News: Northeast grid rules could make or break clean energy

Posted by Miranda Willson on Nov 22, 2021

E&E News detailed potential changes underway for New England’s grid operator, quoting AEE's Caitlin Marquis on renewable energy goals. Read snippets below and the full story here.

New England’s grid operator is considering an overhaul of regional power market rules that could determine whether Northeast states meet their clean energy goals, creating uncertainty in a region pivotal for reaching President Biden’s push for 100 percent clean electricity.

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Topics: AEE In The News, Caitlin Marquis

Indianapolis Business Journal (Opinion): Duke Energy should be ambitious in effort to help customers save

Posted by JR Tolbert on Nov 19, 2021

Indianapolis Business Journal published JR Tolbert's op-ed on how Duke Energy can save its customers money and up energy efficiency programming. Read snippets below and the full article here.

As the saying goes, the cheapest energy is the energy we don’t use. And proven, affordable and readily available technologies that reduce energy use can save customers money on their monthly bills. So it’s disappointing that Indiana has deprioritized these cost-saving solutions.

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Topics: AEE In The News

RTO Insider: CHESSA Working with Conservative Groups to Promote Solar in Rural Va. Counties

Posted by K. Kaufman on Nov 18, 2021

RTO Insider detailed Virginia's opportunity to engage in bipartisan action on clean energy, citing AEE's Harry Godfrey. Read snippets below and the full story here

Democrats’ stunning electoral losses in Virginia’s recent elections could usher in new opportunities for bipartisan action on clean energy and create a model for the rest of the country, according to Ron Butler, state director of Conservatives for Clean Energy Virginia (CCE-VA)...

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Topics: AEE In The News

Canary Media: What does Glenn Youngkin’s win in Virginia mean for clean energy?

Posted by Julian Spector on Nov 17, 2021

Canary Media outlined what Glenn Youngkin's gubernatorial win could mean for the Virginia Clean Economy Act, quoting AEE's Harry Godfrey. Read snippets below and the full article here

The incoming Republican governor expressed skepticism about Virginia’s 100% clean energy law but said he supports a massive offshore wind project...

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Topics: AEE In The News