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.
The Green New Deal that some Democrats are now championing is unlike anything this country has ever done before. But scientists have been studying policies like these for decades. And their research can tell us a bit about what might happen if we pass this sweeping new vision for climate action and economic equality.
Though still an industrial metropolis, Chicago is actively becoming a clean energy innovation hub for microgrids, electric cars and next generation battery research. But the startup momentum in the energy sector isn’t matched with enough venture capital enthusiasm.
The Green New Deal means different things to different people. In some ways, that’s part of its appeal. On the other hand, a Green New Deal can’t mean anything anyone wants it to, or it will come to mean nothing at all.