grid modernization
The Massachusetts Department of Public Utilities approved grid modernization plans from electric distribution companies to handle increasing electrification and the deployment of distributed resources.
National Grid plans to invest $75 billion in its infrastructure over the next five years, nearly half of it in New York and Massachusetts.
The New Jersey Board of Public Utilities has opened its fourth offshore wind solicitation with a planned capacity of up to 4 GW.
New York’s conundrum is how to ensure grid reliability and resilience as it calls for fossil fuel resources to be replaced by intermittent resources.
The NJ BPU is close to concluding a new rules package that includes a requirement that utilities regularly identify barriers to interconnecting renewables.
State regulators face a big challenge in ensuring grid modernization investments are in the public interest and cost-beneficial, says economist Ken Costello.
Duke Energy estimated the cost of its clean energy transition plans at $145 billion over the next decade, $10 billion more than its previous 10-year plan.
NYISO reviewed the preliminary results of phase one of the Grid in Transition study on the reliability effects of integrating more renewables into the grid.
Solar developers embraced a new report by the NJ BPU on how to modernize the state’s power grid to handle the expected rise in energy from wind and solar.
Parts of New Jersey’s electricity grid are so old and its capacity so limited that new solar projects can’t be connected in certain areas, developers said.
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