Hollywood's next star could be virtual power plants as LADWP closes out natural gas; New York initiative aims to eliminate conflicts between resource adequacy, clean energy goals; Consumers Energy agrees to clear PURPA queue, add 584 MW renewables by 2023; Texas utilities poised to get new ability to own energy storage assets
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The Public Service Commission wants to ensure that available capacity products align with the state's renewable energy and emission reduction goals, rather than unwittingly keeping afloat older and dirtier resources.
Starting Sept. 1, municipal utilities and electric cooperatives in the Lone Star state will be allowed to own energy storage facilities without having to register as a power generator.
The Maryland Public Service Commission says the alternative ratemaking process will make rates more predictable, shorten utility cost recovery time and reduce the administrative burden of annual rate filings.
With the wind investment tax credit set to sunset at the end of this year, the 800-MW project's financing could be jeopardized if the Bureau of Ocean Energy Management does not speed up its final environmental impact study.
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