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S&P Global: New England Energy Transition Could Require 71 GW of New Clean Energy Capacity

Posted by Jared Anderson on Jul 1, 2020

S&P Global reported on New England's collaborative "Future Grid Study" to transition energy resources,quoting AEE's Caitlin Marquis. Read excerpts below and the entire S&P Global piece here (sub. req.).  

With the energy transition underway in New England, power market participants are considering transition pathways that could include installing 58 GW-71 GW of generation capacity and 3 GW-10 GW of storage capacity by 2040, along with critical market changes.

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Topics: AEE In The News

E&E News: Largest U.S. Grid Operator Pressed on Carbon Pricing

Posted by Arianna Skibell on Jul 1, 2020

E&E News noted AEE's role in a coalition's call for PJM to consider carbon pricing. Read excerpts below and the entire E&E News piece here (sub. req.).

A broad coalition of power generators, industry groups and think tanks is pushing the nation's largest grid operator to examine cost-effective, market-based ways to address climate change. More than 30 groups — including Advanced Energy Economy, the American Council on Renewable Energy, the Natural Gas Supply Association and the R Street Institute — called on PJM Interconnection LLC yesterday to double down on efforts to examine carbon pricing in its electricity markets. The PJM region spans 13 Midwestern and Mid-Atlantic states and the District of Columbia...

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Topics: AEE In The News

Broad Energy Industry Coalition Encourages PJM to Continue to Examine Carbon Pricing in its Electricity Market

Posted by Monique Hanis on Jun 30, 2020

WASHINGTON, D.C., June 30, 2020 — As U.S. policymakers look for cost-effective ways to tackle climate change, a diverse coalition of power generators, trade associations, and think tanks last week sent a letter encouraging PJM to continue its examination of the policy options and implications of carbon pricing in its market. The request comes at a time when many states in PJM either have, or are considering, policies that reduce carbon emissions in the electric sector and are grappling with how best to reconcile those policies with wholesale markets.

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Topics: Press Releases

S&P Global: Major DC Circuit Gas Ruling Extends to FERC's Power Proceeding, Experts Say

Posted by Zack Hale on Jun 30, 2020

S&P Global covered the DOJs ruling requiring FERC to rapidly address pipeline disputes and power market proceedings, quoting AEE's Jeff Dennis. Read excerpts below and the entire S&P Global piece here. 

A federal appeals court ruling requiring the Federal Energy Regulatory Commission to move faster to address pipeline disputes also carries major implications for how the agency handles contested power market proceedings, according to legal experts. Calling the practice a "stalling tactic," a full panel of judges for the U.S. Court of Appeals for the District of Columbia Circuit on June 30 ruled 10-1 that FERC can no longer use what are known as "tolling orders" to give itself indefinite time to act on rehearing requests that effectively bar parties from seeking judicial review...

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Topics: AEE In The News

Smart Energy Decisions: What COVID Means for Energy Goals and Sustainability Efforts, Today and Tomorrow

Posted by Caitlin Marquis on Jun 29, 2020

Smart Energy Decisions published Caitlin Marquis' column about key issues in keeping corporate clean energy and sustainability programs going forward during the covid-19 crisis. Read excerpts below and the entire Smart Energy Decisions piece here. 

As companies adjust to a new normal during COVID-19, develop strategies to ride out the economic storm, and navigate various state reopening schedules and rules, sustainability teams face their own challenge: assessing whether and how the coronavirus pandemic and its economic fallout will affect progress toward their company’s renewable energy and greenhouse gas reduction goals. 

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Topics: AEE In The News

New Project Media: Analysts and Developers Agree: Distributed Energy is the Future in the Southeast

Posted by Andrew Burnes on Jun 26, 2020

New Project Media covered a report released by Frost & Sullivan estimating nearly $1 trillion will be invested into DERs over the next decade, including quotes by TAEBA's Suzanne Bertin. Read excerpts below and the entire New Project Media piece here (sub. req.).  

A new report released by Frost & Sullivan includes a dramatic new projection: over the next decade nearly USD 1 Trillion will be invested in distributed energy resources (DERs) with the “rate of annual investment” to increase by 75 percent over the same period. 

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Topics: AEE In The News

Energy News Network: Virginia Regulators Seek Input on How State Should Prepare for Electric Vehicles

Posted by Elizabeth McGowan on Jun 23, 2020

Energy News Network covered the Va. State Corporation Commission's inquiry on electric vehicles, quoting AEE's Matt Stanberry and Virginia AEE's Harry Godfrey. Read excerpts below and the entire Energy News Network piece here.

State legislators jumpstarted a major grid decarbonization initiative by greenlighting the Virginia Clean Economy Act, which kicks in July 1. However, reining in Virginia’s next fossil fuel frontier — transportation emissions — is a more enormous, complex and far-reaching undertaking. Statewide, the sector has long outpaced electric utilities, accounting for 45% of its heat-trapping gases. Enter electric vehicles, hailed as a key solution to that pollution...

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Topics: AEE In The News

Houston Chronicle: FERC to Examine Carbon Pricing, as Climate Pressure Ramps Up

Posted by James Osborne on Jun 19, 2020

Houston Chronicle covered FERC plans for a conference on carbon pricing mechanisms, quoting AEE's Jeff Dennis. Read excerpts below and the entire Houston Chronicle piece here (sub. req.). 

The nation’s top energy regulator is looking into what role it might play in state efforts to set a price on greenhouse gas emissions, stepping into a politically fraught arena as the federal government comes under increasing pressure to address climate change. The Federal Energy Regulatory Commission, which oversees the nation’s power and natural gas markets, has set up a conference in September to discuss legal and regulatory issues around carbon pricing mechanisms that charge power plants, factories facilities and other large emitters for their emissions.

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Topics: AEE In The News

Coalition Applauds FERC Decision to Hold Carbon Pricing Discussion

Posted by Monique Hanis on Jun 18, 2020

Federal Energy Regulator Kicks Off Conversation on How Carbon Pricing in Competitive Power Markets Could Spur Cost-Effective Emissions Reductions 

WASHINGTON, June 18, 2020 – The Federal Energy Regulatory Commission (FERC) on Wednesday seized a timely opportunity to facilitate a conversation on how competitive power markets can cost-effectively achieve carbon emissions reduction goals, says the Carbon Price Coalition, a diverse group of power generators, trade associations and think tank experts that in April called on FERC to explore the issue.

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Topics: Press Releases

New Project Media: With Texas Peak Coming, Renewables and Storage will be Key – TAEBA's Bertin Says

Posted by Andrew Burnes on Jun 17, 2020

New Project Media covered the reliability of the Texas grid during the summer months, quoting TAEBA's Suzanne Bertin. Read excerpts below and the entire New Project Media piece here (sub. req.). 

As Texas begins a summer season that has already seen temperatures rise into triple digits, some analysts, business owners and residents across the state have become increasingly concerned about the grid operators at ERCOT’s ability to cope with a projected record high peak demand in August following the COVID-related slowdowns that have affected energy projects under construction across the state...

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Topics: AEE In The News