The parent company of renewable generator Avangrid has offered to buy PNM Resources, broadening its footprint from Texas to New Mexico. (Note: One of CBEY's team members has provided consulting services to Avangrid.)
A study by Texas Advanced Energy Business Alliance identified two ways distributed energy resources can reduce costs: act as non-wires alternatives to avoid investment in tranmission and distribution ($2.45 billion over ten years), and decrease peak energy costs in the wholesale market which is worth $3.01 billion.
"Finally, the Sunshine State is living up to its name and taking steps to become a true leader in the solar revolution. A critical component of our just transition to renewable energy is ensuring that every Floridian can participate and benefit from affordable, clean, local solar power. That’s why we must extend the benefits of solar power to renters and people with homes that are not suitable for solar panels."
Florida Power & Light Company (FPL) today announced that it is garnering more support from solar stakeholders for its FPL SolarTogether, a proposed new offering for FPL customers that would be the largest community solar program in the U.S., pending regulatory review.
Last week as Texas’ ERCOT grid reached its price cap of $9,000 per megawatt-hour and the price map on ERCOT’s website became a solid and deep red, many energy market wonks highlighted that this is a feature, not a failure, of the market.
The Florida Supreme Court has ruled unanimously that a decision made by the Florida Public Service Commission to approve a base rate adjustment requested by Florida Power and Light to recover costs for the construction of eight solar energy projects was appropriate and proper.
Renewables, storage and energy efficiency may get a stronger foothold in Mississippi after utility regulators last week took an unprecedented move to create a formal long-term energy planning process for the electric companies they regulate.