Are subsidies the best way to achieve smart grid goals?
FERC has proposed that wholesale energy markets should subsidize load reductions with full LMP (locational marginal price), without deducting the customers’ retail savings. Such a policy could distort the market, and other solutions might achieve the same objectives more efficiently.
Understanding consumer preferences in energy efficiency.
Utilities are just beginning to learn how to engage customers. Across business models and regulatory frameworks, realizing the full potential of smart metering requires a new core competence in consumer support.
Federal policy trumps state siting authority.
In some states, transmission projects have slowed to a halt as regulators attempt to substitute their own need determinations for those of RTOs. The federal framework encourages cooperation, but Congress and the courts have given FERC clear authority over interstate transmission systems.
Reviving hope for spent-fuel storage.
With Yucca Mountain declared dead, America’s nuclear power industry needs new solutions for managing spent fuel. Although the task is complicated, examples of siting success provide hope that a collaborative approach can close the nuclear fuel cycle.
Coordinated efforts aim toward global principles.
The smart grid is poised for a tremendous rollout of new and revised technology standards in the next few years, but that’s just the beginning. IEEE Standards Association President Charlton Adams Jr. explains the objective of the intensifying smart grid standards effort is to address and satisfy the full gamut of economic, political and social goals related to the smart grid.