Can a European-style renewable model work in the Americas?
Mitchell Rothman and John Dalton
The Province of Ontario, Canada is the first jurisdiction in North America to implement a European style feed-in tariff (FIT). It also was the first jurisdiction in North America to have a comprehensive standard-offer program for electricity supply from renewables.
Transmission expansion costs are spread unevenly, driving a wedge between utilities and regions.
Back in June, the Bismarck Tribune ran an interview with North Dakota Public Service Commissioner Tony Clark that showed just how difficult it is to build national consensus for renewable energy.
The best way to tap into renewable project funding.
Renewable generation resources have become the rallying cry for policymakers and developers alike as the movement grows to generate electricity in a more climate-friendly manner. Pending federal legislation creating a carbon cap-and-trade market and a national renewable portfolio standard (RPS), together with existing state requirements, is spurring utilities that lack renewable generation to acquire some—no matter the federal legislative outcome—and causing utilities with sizeable renewable generation to expand their existing portfolios.
Price transparency will drive GHG reductions.
Fred Wellington and Michael Scholand
In light of coming GHG legislation, price transparency is the key to achieving cleaner generation through the dispatch of lower-carbon sources.
Utilities protect their balance sheets.
What a difference a year can make. Since September 2008, M&A has slowed dramatically as both buyers and sellers play a waiting game. So who will blink first?
Modeling the value of various technologies and applications.
Ahmad Faruqui, Peter Fox-Penner and Ryan Hledik
As utilities announce new smart-grid programs, they need a strategic method for quantifying benefits. Analytical models generate baseline benefit estimates and reveal big-picture trends. Decision makers need the best resources available to mitigate risks in choosing a smart-grid strategy.
The intelligent grid cannot be achieved without energy storage.
Rick Nicholson and Nadav Enbar
While much has been written about the intelligent grid of late, little attention has been focused on the role of energy storage in achieving its expected benefits. Energy storage is an essential component of the intelligent grid. Energy storage provides greater grid integration of variable renewable energy resource output (e.g., wind, solar); improved system reliability via the provision of grid regulation services; and peak demand reductions and, in turn, deferred capital spending on new and upgraded transmission and distribution assets.
Policy and technology changes are re-shaping the utility business model.
Michael J. Beck and William Klun
A once-in-a-lifetime confluence of forces is re-shaping the business models of America’s electric utilities. Rising costs, combined with technological advancements and shifts in regulatory policy, are putting unprecedented pressure on companies that depend on market conditions. Those that adapt to the new realities will be better positioned for success in the future.
How solar PV could redraw the map for green energy and grid investment.
When Pacific Gas & Electric broke the news six weeks ago that it had signed a deal with Solaren Corp. to buy 200 MW of solar energy from satellites launched into geosynchronous orbit, the idea seemed almost laughable. Solaren’s plan is to catch unobstructed sunlight falling on arrays of photovoltaic solar panels deployed in the crystalline void of outer space, and then to convert the generated electricity into radio-frequency energy for transmission to Solaren’s ground-based receiving station outside Fresno. Welcome to the new renewable reality.
Allowance structures will influence project economics.
Carbon-reduction policies are being designed and implemented across the country. One common feature of these regulatory programs is a carbon cap-and-trade system—i.e., a carbon emissions market.