Jun 25 – Jun 27, 2021, Long Beach Convention Center | Long Beach, CA, •
In Montana, Colorado and New Mexico, a financial strategy known as securitization, whereby utilities can issue bonds to help pay off stranded coal assets, is now allowed. Today, these companies need legal management, risk management, and workflow automation solutions to keep pace with these forces. Subscribe to our Utility Dive email newsletter! Renewable energy industry primed for continued growth. While this might be true today, with a focus from the public on social responsibility and increased demands to be operationally efficient, energy and utility companies need to continue to step outside of their comfort zone and look for ways to decrease costs and adopt emerging technologies. We can substantially improve that if we improve load factors. Shifting customer preferences and demographics. Even if lawmakers roll back regulations, companies must run effective and efficient businesses as part of risk and compliance analysis so they are able to meet the expectations of any applicable legislation. So I’d say the future is integrating into the old way instead of being seen [as a destructive force].
According to the EPA, coal "represents about 39 percent of the electricity generated in the United States. Now, we may not be there in electricity or maybe natural gas but, in almost every service we have in our lives, there’s personalization.
This provides a high level of collaboration, customer service and the communication needed for successful project execution, while ensuring a long standing relationship, eliminating unnecessary overhead and driving maximum quality through continuous improvement. Utilities will want to stick to what is core to their business and look for partners that can guide them through this potential threat and make a competitive advantage. From as-needed consulting services to multi-year programs, utilities may need an array of specific project related engineering and technical services that optimize project scope, schedule and cost. "The promise is enormous," the U.S. Department of Energy's Office of Science says.
While Cal Fire reported last Thursday that a private electricity system was to blame for the 2017 Tubbs Fire, investigations of at least a dozen other fires in 2017 and the Camp Fire in 2018, are still ongoing. The utilities industry could counter such threats by mining big data to track shifting consumer sentiment. If customers were able to put on rooftop solar, and if they had constant, reliable storage—I mean battery or some other technology that sustained their use—[they] certainly would still have to use the traditional system as a backup, but that, to me, would the most disruptive technology. Paul [De Martini], you’re familiar with what’s going on in California, Cal ISO is out there saying by 2020 we may have situations where the coincidence between the fall off in distributed PV and the increase in evening peaks means that we may have to change our net load by as much as 50% over a three-hour period. We expect this gap to only increase over time in 2018. The barrier is the money. If so, how do we think about the substantial growth of cheaper alternatives coming in the form of distributed resources?
PLEASE READ CLEANCAPITAL'S TERMS OF USE FOR MORE DETAILED TERMS AND CONDITIONS TO WHICH USERS OF CLEANCAPITAL.COM ARE SUBJECT. By tapping such information, utilities would have no excuse for being blindsided by the next big market shift. Challenges include new and more stringent regulations, new forms of competition (even for regulated utilities), and questions about the best ways for power and gas grids to integrate conventional and renewable supplies. Eventually, the hockey stick occurs in that we see more demand and this becomes a material impact [and] you’re going to have to see a rate-making and regulatory response to it. How many people here—show of hands—participate in your own utility’s DR program?
how to deal with the tension between state policy objectives and markets that have been, to date, fuel agnostic and fuel neutral," Day Pitney Partner Sebastian Lombardi told Utility Dive.
These three trends are creating a perfect storm that utility leadership must navigate successfully.
Expectations of key stakeholders regarding the need for greater transparency about the nature and magnitude of risks undertaken in executing an organization’s corporate strategy continue to be high. "How can they offer — under their regulated structure — products that work for everyone?" "We're going to see that play out in 2020 and beyond in New England, New York, and certainly, PJM," he said. NO CORRESPONDENCE OR INFORMATION PROVIDED ON CLEANCAPITAL.COM OR BY ANY REPRESENTATIVE OF CLEANCAPITAL SHOULD BE CONSTRUED AS A RECOMMENDATION OF A SECURITY. The business case is fairly thin without demand response and without energy efficiency. Introducing SPIDA®silk - The New Industry Standard for Sag and Tension Software, SJI Energy Advisors Acquires EnerConnex, Expands Energy Consulting Business. But while New York's Reforming the Energy Vision proceeding is far along in terms of thinking about how to create a new marketplace for DERs, "in the U.S., we haven't even begun to scratch the surface in terms of optimizing those assets on the grid," he said. ", Blake Young, CEO, Comverge: "A couple years ago on this panel we were talking about the fact that DR is a smart application of the grid, it’s going to add more value—we know that’s true.
"Then the regulator can make an informed [decision] on where they want to say 'yes,' and where they want to say 'no,'" he said. proceeding last month. Now, as technologies accelerate and COVID-19 continues, the private sector wants in. All it would take is one incident to put it right back on the front page. while virtual power purchase agreements, whereby corporate buyers sign with a renewable developer and bypass the utility, are growing, she said.
Download the report (4.6 MB) In many ways, they are kind of at the front lines when it comes to transforming the system.". You know, a distribution utility becomes a system operator in much the same way that RTOs are system operators at the transmission level and so it creates a whole new value function, but also a new challenge in terms of investment on the distribution utility side. Oct 19 – Oct 21, 2020, • In 2017, these five classes contributed 46.4 GW to the U.S. summer peak, or about 6%, researchers noted. Oregon, Minnesota, California and others have also launched PBR reviews, while Illinois, New York and Massachusetts have the longest-running major PBR efforts. "We've heard that some other states may also similar dockets," he added.
This divergence of NYISO has also, "New England may be leading the charge ... on whether all of the value that is being provided in order to keep the lights on is recognized in the revenue streams and whether there may be other revenue streams that can and should be identified in order to support, through the markets, the continued operation of the units that are most necessary,", He expects that ISO-New England initiative, known as, FERC has ordered grid operators to come up with plans to better integrate one such resource in wholesale markets, Energy storage grows as a favorite resource, One issue that has come into focus in the past year in California and other places is the, Utilities contend with rising DER penetration. They really don’t when you talk about meters and grids and all these things. The big question is going to be how utilities can offer products that cities and corporations with these goals want, without passing costs on to other customers. PJM said Jan. 8 it would ask FERC to reconsider or clarify parts of its decision. We’re still going to have to plan the system, we’re going to—at least for the foreseeable future—have to dispatch the system, we’re still going to have to run the markets everyday.
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