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.
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.
With so much sunlight on tap, solar power has begun to boom in Puerto Rico since Hurricane Maria. Across the island, individuals, communities and businesses are installing solar panels and battery systems.
Nevada lawmakers on May 23 passed legislation to modernize how electric utility rates are set, directing the Public Utilities Commission to develop regulations enabling a performance-based regime.
In January 2019, the District of Columbia passed the most ambitious clean energy legislation in the nation. However, local climate activists say the hard work is just beginning — they want to know who will lead the DC
and whether the law will benefit the least-privileged residents of the District.
The industry may be getting some traction to fight municipal restrictions after the Texas Senate passed a bill that would prevent cities from placing restrictions on solar panels.
