"Policies to foster competition in energy are important especially in states like Michigan with regulated electricity markets. In Michigan, regulated investor-owned utilities are the only providers of electricity in the service territories in which they operate."
Utilities like Duke Energy and Xcel Energy have issued billions in green bonds to fund renewables development. Green banks in New York, Connecticut and other states are backing investments in distributed resources and energy efficiency. It appears much more institutional money wants in on the green opportunity.
New York State Energy Research and Development Authority's (NYSERDA) Market
Bridge Incentive Program for energy storage is getting a record amount of participants, NYSERDA CEO Alicia Barton announced at the Energy Storage North America conference on Thursday.
Michigan regulators approved Consumers Energy's latest integrated resource plan, which will shutter its Karn coal-fired plant by 2023, setting the utility on a course to eliminate coal entirely and by 2040 reduce emissions from power plants by 90%.