November 5, 2024

renewable portfolio standard (RPS)

FERC Orders PJM Capacity Market Revamp
Rising state subsidies for renewable and nuclear power require PJM to revamp its MOPR to address price suppression in its capacity market, FERC ruled.
Gov. Signs NJ Nuke Subsidy, Renewables Bills
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.
© RTO Insider
California RA: ‘Fear and Loathing’ in Redondo Beach
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 Energy Bill Draws Mixed Reviews
Connecticut’s General Assembly passed a bill that doubles the renewable portfolio standard to 40% by 2030 while also revoking net metering guarantees.
Calif. Energy Bills Move Forward, but Big Ones Stall
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.
PG&E
California Utilities Propose New CCA Rules
California’s three investor-owned utilities asked state officials to protect bundled customers from being saddled with expensive long-term renewable contracts.
Green Delaware
NJ Lawmakers Advance Latest Nuke Subsidy Bills
New Jersey lawmakers once again voted to advance legislation out of committee that would provide subsidies to the state’s nuclear fleet.
ISO-NE
ISO-NE Study Finds Wind ‘Spillage,’ Price Separation
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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NECA Panelists Talk Carbon Pricing, Northern Pass
Speakers at the NECA Renewable Energy Conference discussed the merits and viability of different methods to achieve New England’s emission reduction goals.
CAISO
CAISO: Tx Constraints Hinder Out-of-State Wind
California faces a “severe shortage” of transmission capacity needed to tap potential New Mexico and Wyoming wind resources, CAISO said.

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