New York PSC takes steps to expand energy storage ; Vectren Indiana to close three coal plants; South Carolina cooperatives sue Santee Cooper over Summer nuke charge; Solving our energy grid problems requires a data sharing economy
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Note from the editor
There’s seldom been a more unpredictable time in the power sector. In the past year we’ve seen the death of two utility megaprojects, eye-popping prices for renewables and storage, and a federal cost recovery proposal that threatened to upend wholesale power markets. How are utility professionals responding to these brave new times? Our latest sector survey has the answers. The fifth annual State of the Electric Utility Survey is our most comprehensive yet, analyzing the input of nearly 700 utility professionals from the U.S. and Canada. The results show that while utilities are increasingly wary of regulatory and market uncertainty, they remain committed to transitioning to a cleaner, more distributed energy system. The survey also shows that load growth expectations are shifting, cybersecurity remains a top concern and utilities expect big growth in distributed energy resources, particularly electric vehicles. The 86-page survey report is available for free download here and you can read our rundown of the top results here. Utility Dive also hosted a sneak peak webinar on the results last month, which you can listen to for free here. See anything in the survey you think deserves special attention? Hit us with coverage tips at the Twitter and email links below. Gavin Bade Senior Reporter, Utility Dive Twitter | E-mail
Utility Dive's fifth annual State of the Electric Utility survey shows a sector committed to the clean energy transition, but wary of policies coming out of Washington.
Regulators increased the size of projects eligible for compensation under the state's Clean Energy Standard and approved a ConEd plan to significantly expand the use of battery storage systems in its service territory.
The utility plans to replace the capacity with solar and natural gas, but plans to keep running the coal plants until after 2023, the deadline for the gas plant to come online if approved.
Solving energy grid problems in New York, Puerto Rico and beyond will depend on innovative leaders who are willing to foster standards and knowledge sharing, according to Lisa Salley, vice president of Global Industry Services at the American Petroleum Institute.
State regulators slashed Duke Energy's requested rate increase and hit the utility with a $30 million fine, but still allowed customer fixed costs to rise 25%.
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