renewable portfolio standard (RPS)
Panels at the MACRUC annual summer education session focused on nuclear subsidies and the impact of state policy initiatives on power markets.
Artificial intelligence, transmission needs and markets versus mandates topped the discussion at the Renewable Energy Conference in New York.
Rising state subsidies for renewable and nuclear power require PJM to revamp its MOPR to address price suppression in its capacity market, FERC ruled.
New Jersey Gov. Phil Murphy signed legislation to subsidize the state’s nuclear generating fleet and boost renewable generation including solar, storage and offshore wind.
Speakers at the Infocast California Energy Summit said the state’s grid reliability will be increasingly at risk if it doesn’t soon address resource adequacy planning.
Connecticut’s General Assembly passed a bill that doubles the renewable portfolio standard to 40% by 2030 while also revoking net metering guarantees.
California lawmakers moved forward with several pieces of energy legislation, but items such as a 100% RPS and CAISO regionalization seem to be on hold.
California’s three investor-owned utilities asked state officials to protect bundled customers from being saddled with expensive long-term renewable contracts.
New Jersey lawmakers once again voted to advance legislation out of committee that would provide subsidies to the state’s nuclear fleet.
ISO-NE could see substantial “spillage” of renewable energy and large price separations under scenarios considered in the RTO’s 2017 Economic Study.
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