News

In an increasingly changing energy world, state energy markets vary widely in how they allow companies to compete for and retain customers. And that's beginning to matter more in states with large retail customers in a (mostly) regulated vertical energy market, such as in Virginia. 

Dominion Energy, the state's dominant utility, in May filed an application with the State Corporation Commission (SCC) for approval of its 100% renewable energy tariff. If approved, that tariff offering would prevent other retail electricity providers from competing in the market to give large and residential customers a 100% renewable option.

Under state legislation passed in April, NV Energy and any power provider in the state that provides 1 million MWh or more of power has to generate 50% of its power from renewable resources by 2030 and 100% from carbon-free sources by 2050.

Utility Dive covers the wave of state-level advanced energy policy that came as a result of midterm elections that brought in governors with clean energy agendas. AEE Managing Director J.R. Tolbert comments on several trends across these states. See excerpts below and the entire Utility Dive story here:

The highly anticipated wave of state-level clean energy policy stemming from last fall's midterm elections is just beginning to make its way across the country, aided by a crop of eleven new Democratic governors, seven of which flipped previously Republican seats.

Many governors have already made clean energy policy a priority in their first month, laying the groundwork to continue or begin their state's transition to a cleaner, more efficient electric grid.