Clean Energy Finance Forum

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.)

Seven states – Illinois, Maryland, Michigan, Minnesota, New York, South Carolina, and Vermont – have enacted legislation to promote pollinator-friendly solar development. A new white paper by the Clean Energy States Alliance provides an overview of these state efforts and offers suggestions for what other states can do to promote solar while also creating or preserving healthy habitats for pollinators.

A projected spike in the rate Xcel Energy pays community solar projects caused stakeholders to reassess the formula.

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.

CenterPoint Energy proposed a green tariff for renewable natural gas that was rejected by Minnesota regulators, but the utility says the fuel is a viable path to decarbonization.

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.

Minnesota utilities have recently filed transportation electrification proposals with state regulators, sketching out how they plan to help grow electric vehicle adoption through development of incentives, charging infrastructure and new rates.

Dispute over net metering puts church, utility company at odds.