Utilities are doubling down on distribution investments to boost resilience
Power sector players got a jolt in January 2019 when Virginia utility regulators rejected the $6 billion grid modernization rate case proposed by Dominion Energy. This “no” followed similar decisions in Kentucky and North Carolina from the previous year. Despite such setbacks, results from Black & Veatch’s 2020 Strategic Directions: Smart Utilities Report survey show that utilities are “all in” on grid modernization plans, and it looks like regulators are moving that way, too.
New Black & Veatch Smart Utilities Report analyzes major trends reshaping the grid
Distribution modernization is inevitable as advances in energy production, storage and control give rise to a new energy marketplace happening at the local distribution level. This evolving landscape leaves utilities questioning how they can maintain the reliability, efficiency and security of their operations, while managing two-way power flows and the influx of digital devices and distributed energy resources (DER).
December 24, 2019 /3BL Media/ - Ceres welcomes new clean energy legislation unveiled this week by Virginia lawmakers to transform the electricity grid and ensure Virginia leads the way in the transition to a net-zero emissions future.
Alliant Energy installs its first utility-scale battery storage system
WELLMAN, Iowa – December 12, 2019 – /3BL Media/ – A utility-scale battery in rural Wellman is helping Alliant Energy meet the needs of its customers, while also avoiding a rebuild of the local energy grid.
“Battery storage has the potential to be a more cost-effective way to modernize the grid to meet the demands of our customers, “says J.P. Brummond, Vice President of Business Planning.
The 2019 data set from our database, which informs this report, considers RFI and corporate RFP responses that have been gathered since 2018. It represents close to 700 renewable energy projects in Europe, submitted from more than 50 solution providers across 16 countries, resulting in a strong overview of the European renewable energy market for C&I buyers.
Electricity companies have already taken positive steps in their role as key contributors to CO2 reduction. Now they should continue to build upon their existing achievements by increasing their sustainability efforts as the 1.5°C scenario cannot be achieved without a greater proportion of cleaner electricity.
As the Trump administration begins the formal process to withdraw the U.S. from the Paris Climate Agreement, U.S. House leaders dropped new legislation this week to establish a nationwide goal to achieve net-zero-carbon emissions across the entire economy by 2050.
The legislation—100% Clean Economy Act of 2019—has broad support with more than 100 cosponsors in the House. Passage of the bill would set the stage to power all sectors of the U.S. economy—from transportation to manufacturing to electricity—with 100% clean energy.
November 21, 2019 /3BL Media/ - Major businesses and higher education institutions across Pennsylvania called on state lawmakers today to prioritize policies that will accelerate the Commonwealth’s transition to a low-carbon economy.