The recently finalized Federal Energy Regulatory Commission (FERC) transmission planning and cost allocation rule—known as Order 1920—represents a pivotal moment in the regulatory landscape of energy infrastructure in the United States, which we expect will launch the nation towards a more holistic planning approach for our country’s transmission grid.
Caitlin Marquis
Recent Posts
Unpacking FERC Order 1920: A Deep Dive into Transmission Planning and Cost Allocation
Topics: Wholesale Markets, Transmission
ISO New England is Facing MOPR, Market & Transmission, and Governance Reform. What’s at Stake for Advanced Energy? Lots
With so much of the advanced energy industry’s focus on issues before FERC directed at the expanded Minimum Offer Price Rule (MOPR) in PJM over the past few years, there has been relatively little attention placed on similar tension brewing in ISO New England (ISO-NE). But that tension was on full display at a FERC technical conference earlier this summer, and in comments filed in July. The list of big-ticket items up for debate in ISO-NE is long: reforming ISO-NE’s version of the MOPR, revising how capacity value is determined, pursuing long-term market reform and transmission planning reform, developing a plan for Order No. 2222 compliance, and exploring potential governance reforms are all top of mind for ISO-NE, the New England states, and stakeholders. For those who haven’t been following along at home, there’s a lot to catch up on, and the stakes are high: New England is poised to model what an RTO should look like in a 100% advanced energy future, but the decisions made in the next few years will determine whether that vision is realized.
Topics: Regulatory, Wholesale Markets
To Unlock More Corporate Advanced Energy Procurement, Look to RTOs and ISOs
It’s no secret that Fortune 500 companies want more advanced energy. Over the past five years, these companies have signed contracts for more than 24 GW of large-scale renewable energy, pursued thousands of onsite solar installations, and embraced newer technologies like battery storage. The role of organized competitive wholesale markets as enablers of advanced energy procurement by large buyers is, however, a bit of a trade secret. Which is too bad, because policymakers could meet the needs of businesses and accelerate the transition to a cleaner economy all at once by expanding and reforming these markets. Here’s how.
Topics: Wholesale Markets, Western RTO
Here’s a Glimpse of What Distributed Energy Resources Could Bring to Wholesale Markets – If They Are Given A Chance
Given how long we’ve been waiting – nearly three years now – for FERC to issue a final order directing RTOs/ISOs to develop rules for aggregated distributed energy resources (DERs) to take part in wholesale markets, it may seem that actual DER participation is still years away. In reality, several types of DER – from energy storage to distributed solar to electric vehicles and more – are slowly breaking through barriers to participate in wholesale markets, providing value to their owners and the electric power system as a whole. Read on for five real-world examples of DER participation in wholesale markets across the country. These examples provide just a glimpse of the value DERs could bring to wholesale markets, if they were given more of a chance. A final rule from FERC requiring systematic removal of barriers to DER participation in wholesale markets would unlock more of this value for wholesale markets and for consumers.
Topics: Wholesale Markets
Is Your State Missing Out on Corporate Renewable Energy Purchasing? Here’s How It Can Catch Up
Corporate renewable energy transactions have accelerated rapidly since companies first recognized and seized upon the advantages of low-cost, abundant resources like solar and wind, reaching a record 6.5 GW contracted in 2018. But the 15 GW of commercial and industrial (C&I) customer deals signed since 2014 aren’t spread evenly across the country. In fact, 16 states have no C&I renewable energy projects operational or in development, and another 10 states have fewer than 50 MW (or less than 1% of the total). While resource potential plays a role, it is far from the whole story; policies that facilitate corporate procurement to drive renewable energy development are also key. Which means that the 26 states that currently account for less than 10% of the market can play catch-up. Our recent guide from the Advanced Energy Buyers Group shows how.
Topics: State Policy