PJM to ask FERC to invalidate its energy market rules after stakeholder impasse; Vineyard Wind submits 1,200 MW proposal to New York's 800 MW offshore wind RFP; How renewable energy providers can prepare for PG&E's bankruptcy; New England efficiency advocates raise alarm over potential capacity market changes
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Note from the editor
Utility Dive will be taking a break on Monday for Presidents Day.
With Congress in full swing and another shutdown averted, things are heating up in Washington. In addition, states are expanding their climate and clean energy efforts.
While you enjoy the long weekend, you can catch up on some of those developments, including actions by new governors and the introduction of the Green New Deal.
In addition, we have a brand new resource called Trendlines that cover key trends and developments across critical issues impacting the power sector — check out our first one on Utility Business Model Reform and let us know what you think.
We'll be back in your inbox with more news and insight on Tuesday.
Larry Pearl Senior Editor, Utility Dive Twitter | E-mail
The grid operator's controversial five-point proposal includes changes that will boost the real-time and day-ahead markets by allowing larger, less flexible units to set prices.
Providers need to be prepared to renegotiate power purchase agreements at lower rates in the near term, and to try and leverage greater rate increases in the years ahead, writes CohnReznick Capital's Jeffrey Manning.
According to a filing by Advanced Energy Economy, the grid operator for New England is considering making changes to how energy efficiency providers measure their capacity.
If three in 10 vehicles on the roads were electric, the state could gain almost $2.8 billion in benefits, according to the Department of Environmental Protection.
Leveraging the full value of EIM can yield both competitive and strategic advantages. Effective utilities often have more success attracting investors, retaining customers and building revenue streams.
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Larry Pearl
