Recent 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

POLITICO Pro: PJM to ask FERC for Rehearing on Pricing Order as Nukes, Renewables Plot Exit

Posted by Gavin Bade on Jan 8, 2020

POLITICO covered FERC's proposed pricing rule and PJM's ask for a rehearing on the MOPR, quoting AEE's Jeff Dennis. Read excerpts below and the entire POLITICO piece here (sub. req.)

Officials in the nation's largest power market are planning to ask FERC to reconsider or clarify parts of its decision to block renewable energy sources that receive state subsidies from participating in long-term electricity auctions. FERC last month instituted a strict price floor that will block bids from subsidized wind, solar and nuclear plants in the 13-state PJM capacity market. Owners of coal and gas generation told a meeting of PJM members that the decision, which would boost prices for their power, will provide them with clear price signals to invest in new generation or extend the life of existing plants. PJM CEO Manu Asthana, making his first public appearance at the meeting, said his staff will use today’s meeting to “listen before we decide our next steps.” Rehearing requests are due Jan. 21.

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Topics: AEE In The News

Virginia Mercury: With New Democratic Leaders, General Assembly Faces Flood of Energy Proposals

Posted by Sarah Vogelsong on Jan 6, 2020

Virginia Mercury covered the recent surge of proposed advanced energy bills filed in the Virginia General Assembly, quoting Virginia AEE's Harry Godfrey. Read excerpts below and the entire Virginia Mercury piece here. 

The week after elections swept Democrats to power in the General Assembly, environment and clean energy activists struggled to get their sea legs in the new ocean of possibilities that suddenly opened up before them. “I think everyone’s a little surprised by the power dynamics and the shift in the political calculus,” said Tim Cywinski, communications coordinator for the Sierra Club’s Virginia chapter, at the time.

Now, on the brink of the session, energy lobbyists’ hazy sense of optimism is assuming more defined lines.

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Topics: AEE In The News

Miami Herald: Electric Vehicle Sales are Up, but in Some States Charging Stations are Hard to Find

Posted by Elaine Povich on Jan 3, 2020

The Miami Herald reported on the rise of electric cars and the uneven availability of charging stations across the nation, quoting AEE's Matt Stanberry. Read excerpts below and the entire Miami Herald piece here. This Stateline News story was also picked up by 25+ newspapers across the nation including the Sacramento BeeRichmond Times-DispatchRaleigh News & Observer, and Pennsylvania Capital-Star.

Electric vehicle owners – nearly 1.2 million of them on United States roads today – share the thrills of being energy-efficient and progressive. But they also have one big worry in common: where to plug in. Depending on the state, access to public charging stations can be adequate – or nearly nonexistent.

Purchases of electric vehicles are growing at an astronomical rate – an 81% increase from 2017 to 2018, according to the Edison Electric Institute, which tracks electricity use – and nothing indicates the trend will slow dramatically any time soon. But if anything could stunt the growth, it's the lack of power charging stations in some states.

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Topics: AEE In The News

Stateline News (Pew): Got an Electric Car? Great! Where Do You Plug it in?

Posted by Elaine S. Povich on Jan 2, 2020

Stateline News (Pew Trusts) highlighted the current challenge of the low number of charging stations among states given the rise of electric vehicles, quoting AEE's Matt Stanberry. Read excerpts below and the entire Stateline piece here

Electric vehicle owners — nearly 1.2 million of them on U.S. roads today — share the thrills of being energy-efficient and progressive. But they also have one big worry in common: where to plug in. Depending on the state, access to public charging stations can be adequate — or nearly nonexistent. Purchases of electric vehicles are growing at an astronomical rate — an 81% increase from 2017 to 2018, according to the Edison Electric Institute, which tracks electricity use — and nothing indicates the trend will slow dramatically any time soon. But if anything could stunt the growth, it’s the lack of power charging stations in some states.

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Topics: AEE In The News

Virginia Mercury: Natural Gas Development is Speeding Up in Virginia. Legislators Will Have to Square That With State Climate Goals.

Posted by Sarah Vogelsong on Dec 30, 2020

Virginia Mercury reported on Virginia's energy mix and natural gas development given Gov. Ralph Northam's recent call for a carbon-free grid, including quotes by Virginia AEE's Harry Godfrey. Read excerpts below and the entire Virginia Mercury piece here. 

This September, Gov. Ralph Northam took the stage at the inaugural Virginia Clean Energy Summit to announce he was committing the state to a carbon-free grid by 2050. “I always say that I want Virginia to be a welcoming place, with our lights on and our doors open,” he said. “Well, I also want those lights to be powered by clean energy.” But as the governor received a standing ovation, elsewhere in the commonwealth work was underway to massively expand infrastructure supporting a very different — and decidedly not carbon-free — type of energy: natural gas. 

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Topics: AEE In The News

S&P Global: Renewables Face 2020 Challenges that Could End Eastern Capacity Markets

Posted by Jasmin Melvin on Dec 27, 2019

S&P Global published a piece on possible challenges for Eastern capacity markets, quoting AEE's Ryan Katofsky. Read excerpts below and the entire S&P Global piece here. 

Renewable energy developers on the East Coast face an uphill battle in 2020 to secure capacity payments as new wholesale power market rules have the potential to force them out of the market. Possibly more daunting than the hurdle this presents for the transition to a clean energy economy is the potential for market rule changes approved by the Federal Energy Regulatory Commission to be the beginning of the end for mandatory capacity markets in the Eastern regional transmission organizations...

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Topics: AEE In The News

Greentech Media: Top 10 Utility Regulation Trends of 2019

Posted by Coley Girouard on Dec 26, 2019

Greentech Media published an abridged version of AEE's Coley Girouard's annual Top 10 Utility Regulation Trends of 2019 blog post. Read excerpts below and the entire GTM piece here.

From the realignment of utilities’ performance incentives to the ongoing rise of DERs, regulators had their work cut out for them this year. In August, we published the top 10 utility regulation trends of 2019 — so far. With 2019 wrapping up, we look at the 10 trends and actions that stand out above the rest. From the falling cost of renewables and storage driving utilities' resource planning, to the realignment of utility performance incentives with evolving policy goals, it was a busy year. Below is an executive summary of the complete roundup, which has specific examples of state public utility commission action. (You can read AEE's full version with details and links to proceedings here.)

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Topics: AEE In The News

E&E News: FERC Throws Support to Fossil Fuels in Largest Power Market

Posted by Rod Kuckro and Jeremy Dillon on Dec 20, 2019

E&E News covered FERCs recent demand to PJM requiring them to restrict state-backed renewables within its capacity market and included quotes by AEE's Jeff Dennis. Read excerpts below and the entire E&E News piece here (sub. req.)

Federal regulators approved rules yesterday for the nation's largest electricity market that effectively prop up fossil fuel power plants and discourage new investments in renewable power, demand response and energy storage projects. The much-awaited changes in PJM Interconnection's rules governing its capacity market were issued by the Federal Energy Regulatory Commission 508 days after the agency issued a decision calling the current market rules unjust and unreasonable and directing PJM to devise a fix.

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Topics: AEE In The News

Utility Dive: Virginia, Maryland unveil 100% Clean Energy Plans, but NGOs Not Satisfied

Posted by Iulia Gheorghiu on Dec 20, 2019

Utility Dive covered Gov. Ralph Northam's 100% carbon-free electricity by 2050 bill followed by Maryland Gov. Larry Hogan announcement for a 100% clean energy by 2040 state plan and included quotes by AEE's JR Tolbert. Read excerpts below and the entire UD piece here. 

States where legislatures are aligned with the governor on climate issues are advancing clean energy policies, garnering industry support from the clean energy sector.

"We are continuing to work with the industry to make sure that the structure of the renewable energy portfolio pieces of the program are the most effective means by which we can finance projects," J.R. Tolbert, managing director of Advanced Energy Economy (AEE), told Utility Dive. 

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Topics: AEE In The News