Calif. Storage Bill, Mich. Resource Plan Were Top Trending Issues on AEE’s PowerSuite Tool in 2018
Among topics, grid modernization gets most picks as “favorite” by users of energy policy risk and opportunity management platform
WASHINGTON, D.C., Nov. 29, 2018 – Legislation providing incentives for customer-sited energy storage in California and a utility’s resource plan in Michigan were the top bill and regulatory proceeding, respectively, “trending” in PowerSuite, Advanced Energy Economy’s online tool for identifying and managing energy policy risks and opportunities, in 2018. Among regulatory topics tagged as “favorite” by AEE PowerSuite users, “grid modernization” took top honors with 1,872 tags.
In California, the big news in energy legislation was passage of the “100% clean grid” bill, SB 100*. But it was another California bill that was the top trending legislation in PowerSuite nationally all summer long. Passed by the legislature and signed by Gov. Brown, SB 700 reauthorized California’s signature Self Generation Incentive Program (SGIP) for another five years to bring to market new distributed energy technologies, including customer-sited energy storage – and the “trending” status of SB 700 was a function of the burgeoning business interest in energy storage in the Golden State. As in YouTube or Twitter, a bill that’s “trending” in PowerSuite is particularly popular among users and particularly active, in terms of hearings, amendments, and floor action in the legislature.
Although California’s SGIP bill was closely tracked – and much amended – as it worked its way through the legislature, its prospects for success were always good. PowerSuite’s machine learning-based bill forecast – a feature available to PowerSuite Pro subscribers – indicated a 76% (or “likely to be enacted”) chance of passage at the time the bill was introduced.
Among Public Utility Commission (PUC) dockets, it was Michigan electric utility Consumers Energy’s integrated resource plan that set the trending pace. Addressing a wide variety of energy resources – including solar, energy storage, energy efficiency, demand response, and conservation voltage reduction, as well as retirement of four coal-fired power plants – this IRP attracted wide-ranging interest among PowerSuite users in a docket opened in 2015 but with dozens of filings in 2018 alone.
PowerSuite users indirectly show their interest in specific legislative and regulatory topics as well, based on what they are tracking as “favorites.” The PowerSuite team curates common energy policy topics into “watch lists” for easy reference. Among those watch lists, regulatory dockets categorized under “Grid Modernization” were favorited the most in 2018, followed by a cluster of others: resource planning, energy efficiency, and rate cases. (See Fig. 1 below.)
Fig. 1: Top 10 AEE PowerSuite Utility Docket “Watch List” Topics in 2018
See the entire Utility Docket “Watch List” Topics in 2018 here.
In terms of legislation, bills related to “Renewable Portfolio Standards” (RPS) received the most “favorites” by PowerSuite users this year. When a topic (or a specific bill or docket) is marked as a “favorite,” the PowerSuite user receives an email notification with updates whenever there is new activity on the selected issue. (See Fig. 2 below.)
Fig. 2: Top 10 AEE PowerSuite Legislative Bill “Watch List” Topics in 2018
See the entire Legislative Bill “Watch List” Topics in 2018 here.
PowerSuite is a powerful tool for separating the signal from the noise in the complex world of energy policy. More than 250 companies, utilities, government agencies, nonprofit organizations, educational institutions, and media outlets use PowerSuite to identify and manage energy policy risks and opportunities in all 50 states and the federal government; PowerSuite now has more than 1,400 active monthly users.
New features in 2018:
New features coming soon:
In addition to its core features, PowerSuite contains a wealth of information in state-by-state profiles covering key decision-makers; energy policies, resources, and prices; regulatory structures and investor-owned utilities; and more. Also available are free archived webinars like this one demonstrating PowerSuite’s powerful features and how to get the most out of them. Start a free trial today at powersuite.aee.net.
* Note: Links directly via PowerSuite to docket filing or bill details. Credentialed media have full complimentary access. Contact Monique Hanis at mhanis@aee.net once you establish a trial subscription for permanent access.
About AEE and PowerSuite
Advanced Energy Economy (AEE) is a national association of businesses that are making the energy we use secure, clean, and affordable. Advanced energy encompasses a broad range of products and services that constitute the best available technologies for meeting energy needs today and tomorrow. AEE’s mission is to transform public policy to enable rapid growth of advanced energy businesses. AEE and its state and regional partner organizations are active in 27 states across the country, representing more than 1,000 companies and organizations in the advanced energy industry, which employs more than 3.4 million U.S. workers. PowerSuite is AEE’s custom online tool for identifying and managing energy policy risks and opportunities. Learn more at www.aee.net and follow the latest industry news @AEEnet.
