United calls on Biden Administration to nominate additional candidates to fill out commissioners
WASHINGTON, DC – Today, national business group Advanced Energy United congratulated Willie Phillips on his elevation to Chair of the Federal Energy Regulatory Commission (FERC), andurged expedient nomination of additional Commissioners to restore a full complement to FERC.
Topics: Wholesale Markets, Press Releases, Caitlin Marquis, FERC
The U.S. clean energy transition is expected to accelerate this year, buoyed by recent policy and other actions, but transmission and financing are among its challenges. The following is a snapshot of some of the major developments and trends expected in nine critical areas of the energy transition this year...
Topics: Wholesale Markets, United In The News, Ryan Katofsky
Clean energy companies and trade groups proposed a series of amendments to ISO-NE’s proposed Order 2023 compliance at the NEPOOL Transmission Committee meeting Jan. 4, as the RTO and its stakeholders scramble to reach a consensus prior to the scheduled TC vote in February.
Topics: Wholesale Markets, United In The News, New England, Alex Lawton
New market approval a significant development for the West, says Advanced Energy United
WASHINGTON, DC – The Federal Energy Regulatory Commission (FERC) approved the creation of a new extended day-ahead market (EDAM) by the California Independent System Operator (CAISO), a significant development for the region. As CAISO notes in its news release, FERC’s action represents a major advance toward greater coordination of Western electricity markets.
Topics: Wholesale Markets, Press Releases, Western RTO, California, Brian Turner
ISO-NE should go beyond the changes required by Order 2023 to address the high costs and long delays associated with interconnection in the region, said a recent white paper commissioned by Advanced Energy United and written by the energy consulting firm Daymark Energy Advisors.
Topics: Wholesale Markets, United In The News, Transmission
BOSTON, MA – A new report from energy consulting firm Daymark Energy Advisors details both the immediate and longer-term reforms needed to ISO-NE's antiquated interconnection process, which is threatening to derail the decarbonization goals of New England states. The process by which energy generation projects connect to the region's power grid, known as interconnection, is inefficient and is driving up costs for ratepayers and preventing many clean energy projects from connecting to the grid altogether.
Topics: Wholesale Markets, Press Releases, Transmission, New England
Reliability costs associated with backstopping renewables could rise to $435 billion a year around the world by 2030, the company said in a report released Wednesday.
As utilities increase the amount of renewable energy in their fuel supply mixes, the associated need for an increase in resource buffers could lead to oversupply that would increase power price volatility and grid reliability costs, said Moody’s Investors Service in a Wednesday report.Topics: Wholesale Markets, United In The News, Ryan Katofsky
FERC directs Transmission Providers to implement cluster studies, among other reforms
WASHINGTON, DC, July 27, 2023- The Federal Energy Regulatory Commission (FERC) voted today to finalize rules regarding how interconnection queues across the nation should be governed. The ruling establishes requirements that must be met by all public utility transmission providers, such asRegional Transmission Operators (RTOs), Independent System Operators (ISOs), and utilities in non-RTO/ISO regions. The long-awaited final rule follows up on a Notice of Proposed Rulemaking issued by the Commission last July, in which the Commission recognized that interconnection backlogs threaten reliability and just and reasonable rates. Requirements in the final order include a transition to cluster studies, replacement of the “reasonable efforts standard” with study deadlines and penalties for transmission providers, and provisions to better accommodate new technologies such as storage and hybrid resources and to ensure consideration of grid-enhancing technologies.
“Advanced Energy United and our members applaud the Commission for identifying the urgent need for interconnection reform and for working diligently to put forward a final Order that will start to improve the broken interconnection process,” said Caitlin Marquis, Managing Director at Advanced Energy United. “In light of the scope of the interconnection challenge, we also appreciate Acting Chair Phillips’s recognition that there is ‘so much more to do,’ and hope to see this momentum maintained with follow-up efforts by the Commission to address additional interconnection reform needs."
Topics: Wholesale Markets, Press Releases, Caitlin Marquis, FERC
Assembly Bill 538 "jumpstarts" conversation around regional grid collaboration, with the potential to save hundreds of millions in energy costs
SACRAMENTO, Calif. – Introduced by Assemblymember Chris Holden (AD41), Assembly Bill 538 would create a structure that would allow the California Independent System Operation (CAISO) to integrate into a broader, independent regional transmission operator (RTO). A 2022 economic development study commissioned by Advanced Energy United and conducted by Energy Strategies found that a transition like the one proposed in AB 538 could create over 138,000 jobs and save ratepayers $538 million per year in energy costs.
Topics: State Policy, California Engagement, Wholesale Markets, Press Releases, Economic Impact, Amisha Rai, Western RTO, California
Joining a Western grid would keep the lights on during extreme weather while creating up to 138,700 jobs and annually reducing energy bills $563 million
SACRAMENTO, Calif. – A new study shows California would see significant economic benefits from participating in a regional electric grid with neighboring states. Conducted by independent consulting firm Energy Strategies on behalf of business association Advanced Energy United (formerly Advanced Energy Economy), the study found that joining a regional transmission organization (RTO) could generate upwards of $21.7 billion in new annual gross state product for California and up to 138,000 new, permanent, living-wage jobs.
Topics: State Policy, California Engagement, Wholesale Markets, Press Releases, Economic Impact, Amisha Rai, California