Utility Dive: Illinois Utilities Push Cloud Computing Rules to Remove Tech Investment Disincentive

Posted by Robert Walton on May 13, 2019

Utility Dive reported on the latest action — seven utilities (and AEE) urging a legislative committee to approve new Illinois Cloud Computing rules currently under review. They included a link to the letter to review committee leaders and AEE's filed comments about the rule. See excerpts below and the entire UD story here:

Seven Illinois utilities and Advanced Energy Economy (AEE) on Thursday asked state regulators to finalize accounting rules for cloud-based computing solutions. Current rules disincentivize some investments and have not kept pace with changes to technology, the utilities say. Those rules allow utilities to earn a rate of return on computing systems developed on-premises, but treat cloud-based systems as operating expenses. The Illinois Commerce Commission launched a rulemaking in December 2017 to consider the changes, citing a need to "level the playing field" between on-premise and cloud-based computing systems at a time when utilities focused on modernization are investing billions in new systems...

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Topics: AEE In The News

Smart Energy Decisions: How to Get Utilities and Regulators to Provide Renewable Energy Options that Work for Your Company

Posted by Caitlin Marquis on May 10, 2019

Smart Energy Decisions published an article by AEE's Caitlin Marquis about ways corporate buyers can work with utilities, regulators and state officials to shape renewable energy program offerings with appeal to meet their sustainability goals. The piece draws from a recent report by AEE's Advanced Energy Buyers Group, "Renewable Energy Offerings that Work for Companies: A Practical Guide to Meeting Corporate Renewable Energy Demand in Vertically Integrated Markets," highlighting a six-step process to engage key players. See excerpts below and the entire SED article here and the related AEE webinar here.

Energy procurement and sustainability teams tasked with meeting corporate renewable energy targets are all too familiar with the fact that doing so is much easier in some states than in others. Specifically, in states that lack retail choice, and especially in states that are not part of an organized wholesale market, customers rely on either policy changes or the introduction of utility programs to make progress on their renewable energy goals. That means customers can wait for change – or work to make it happen.

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Topics: AEE In The News

Washington Examiner: Clean Energy Industry Earned Record Revenues in 2018 Worldwide

Posted by John Siciliano & Josh Siegel on Apr 25, 2019

Washington Examiner highlights AEE's new Advanced Energy Now 2019 Market Report that shows the clean energy industry's record numbers. AEE's CEO Nat Kreamer's comments are included. See excerpts below and the entire Washington Examiner 'Daily on Energy' segment here:

Total revenue for the clean energy industry reached a record $1.6 trillion in 2018, according to a  report released Thursday. The clean energy business group Advanced Energy Economy says that amount of revenue makes the industry equal to global tourism, bigger than pharmaceuticals, and twice the size of airlines.

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Topics: Highlights, Industry News, AEE In The News

Inside Sources: Green Energy, Industry Advocates Call Ohio Bill a Bailout for Nuclear Energy

Posted by Michael McGrady on Apr 25, 2019

Inside Sources focuses on an Ohio bill that many are calling a bailout for nuclear energy, noting AEE's opposition and including AEE's Ray Fakhoury's comments. See excerpts below and the entire Inside Sources story here:

Republican lawmakers in Ohio are under fire over a bill intended to create a clean air program but denounced by energy industry and environmental advocates as a “bailout” for the state’s nuclear energy industry. House Bill (HB) 6, proposed by Reps. Jamie Callender, R-Concord Township, and Shane Wilkin, R-Hillsboro, would establish the Ohio Clean Air Program to incentivize the state’s dynamic energy economy to build and maintain zero and reduced emissions generation facilities to fight climate change.

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Topics: AEE In The News

Investor Ideas: Nevada Governor Signs Strengthened Clean Energy Standards into Law

Posted by Digital News Service on Apr 23, 2019

This Investor Ideas article calls attention to the Governor of Nevada signing new clean energy standards legislation into law. AEE's Ray Fakhoury's supportive reaction was included. See excerpts below and the entire Investor Ideas story here:

With the stroke of his pen, Nevada Governor Steve Sisolak doubled Nevada's Renewable Portfolio Standard on Monday, laying the groundwork for thousands of new jobs and millions of dollars in economic impact of the coming decade. The new law positions the state to maintain the fastest job growth in the country for clean energy like solar, geothermal and wind.

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Topics: AEE In The News

Indianapolis Star: Embattled Former EPA Head Scott Pruitt is a Lobbyist in Indiana. This is who he Works for.

Posted by Emily Hopkins and Chris Sikich on Apr 23, 2019

The Indianapolis Star reports Indiana's second largest coal company is pushing for a moratorium on new electric generation projects with new lobbying help. AEE's Caryl Auslander's comments were included. See excerpts below and the entire Indianapolis Star story here:

In the final days of the legislature, an Indiana coal company has retained the support of a high-powered ally in its effort to pass legislation that would keep Indiana's coal-fired plants from closing as planned.

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Topics: Industry News, AEE In The News

San Francisco Chronicle: PG&E seeks higher rates, drops board member in bid for Wall Street's favor

Posted by Melia Russel on Apr 22, 2019

This San Francisco Chronicle piece covers steps PG&E has taken amidst its bankruptcy, referencing an AEE return on equity figure. See excerpts below and the entire San Francisco Chronicle story here:

Seeking Wall Street’s favor, bankrupt PG&E asked regulators Monday for higher rates and has replaced a board member to win over a restive shareholder group.

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Topics: AEE In The News

Solar Power World: Advanced Energy Releases Guide to Help Corporations Procure Renewable Energy

Posted by Kelsey Misbrener on Apr 18, 2019

Solar Power World highlights a new guide from Advanced Energy Buyers Group that helps states increase renewable energy resources for corporations' access. AEE's Caitlin Marquis' comments are included. See excerpts below and the entire Solar Power World story here:

Of the more than 15 gigawatts of corporate renewable energy deals done to date, less than 2 GW have occurred through utility programs, with the vast majority of power purchase agreements occurring in states that have competitive wholesale markets. A new report from the Advanced Energy Buyers Group, a business-led coalition of large energy users, explains how states with vertically integrated electricity markets can unlock the many benefits of corporate renewable energy procurement...

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Topics: Advanced Energy Buyers Group, AEE In The News

RTO Insider: FERC: ISO-NE Won’t Change EE Rules Without Stakeholder Talks

Posted by Robert Mullin on Apr 18, 2019

This RTO Insider (subscription) article highlights the positive outcome from AEE's petition to FERC to ensure ISO-NE will not alter energy efficiency performance standards outside of appropriate stakeholder process. AEE's Jeff Dennis' reaction was included. See excerpts below and the entire RTO Insider story here:

In rejecting a request for a declaratory order on Tuesday, FERC provided the petitioners exactly what they were seeking: assurance that ISO-NE will not alter its energy efficiency performance standards outside the stakeholder process.

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Topics: AEE In The News

The Toledo Blade: Lawmakers face accusations that bill is nuclear 'bailout'

Posted by Jim Provance on Apr 16, 2019

This piece by The Toledo Blade covers a controversial bill introduced in the Ohio House that is considered by some to be a nuclear bailout that disadvantages other renewable energy sources. The AEE perspective is given by Ted Ford, president of Ohio Advanced Energy Economy. See excerpts below and the entire Blade story here:

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Topics: AEE In The News