Press Archives
Analysis and Commentary
The state of wholesale power markets: What’s wrong with proposed changes in Eastern RTOs?
In many markets, oversupply is chasing after flat or decreasing demand. Several states have provided subsidies or out-of-market support for plants that would otherwise retire. This article analyzes the proposed market reforms and evaluates each on policy merits.
China-California Climate Cooperation: A New Model For States, Nations In The Trump Era
Trump’s decision to withdraw from the Paris Agreement has encouraged major nations and leader states within the U.S. to reaffirm and strengthen their commitments. China and California have already begun forging new trails to capture this opportunity.
The IEA Says We’re Off Track To Meet Climate Goals. Let’s Refocus On The Technologies That Work.
The International Energy Agency reports clean energy technologies are not decarbonizing global energy systems fast enough to meet Paris Agreement goals. But IEA’s technological roadmap also shows where governments should double down on the technologies to secure a safe climate future at least cost.
The Power Of Fundamentals: Why CA’s Carbon Allowance Auction Will Rebound
California’s carbon market should receive a boost when the California Air Resources Board (CARB) releases its latest quarterly auction results on Wednesday, May 24th. Despite these headwinds, we expect 50-65 million allowances (or between 67- 80%) of the 75 million current vintage offered will have sold at auction.
The state of US wholesale power markets: Is reliability at risk from low prices?
Reactions at FERC’s technical conference in early May show electricity generators are concerned about falling revenues making their power plants uneconomic and are looking for market modifications to remedy this situation. In the first part of a three-part guest post series Robbie Orvis explores why generator revenues are shrinking and how the decline isn’t a problem for reliability.
Embracing The Coal Closure Trend: Economic Solutions For Utilities Facing A Crossroads
Utilities across the United States continue to announce coal plant closures and reaffirm previous plans to remove coal from their generation fleets. What’s behind this trend? And how can U.S. utilities profitably transition themselves and affected coal communities to a 21st century generation mix?
Secretary Perry, We Have Some Questions for You Too
In April, Department Of Energy Secretary Rick Perry issued a memorandum to his staff asking pointed questions about the future of the electric grid as coal is retired off the system. DOE’s publication of this memorandum presents an opportunity to uncover many outdated assumptions about grid reliability and understand what’s driving the unstoppable transition from coal to other technologies.
America’s Renewable Electricity Forecast Grows To 2050, Even Under Trump
The Trump Administration is attempting to alter America’s energy landscape. Energy Innovation used the Energy Policy Simulator (EPS) to forecast wind and solar capacity additions to 2050 under three scenarios: a business-as-usual (BAU) scenario, a low natural gas price scenario, and a solar import tariff scenario.
Carbon Capture And Storage: An Expensive Option For Reducing U.S. CO2 Emissions
Carbon capture and storage (CCS) has gained support in Congress as an answer to reducing emissions in the power sector – but it’s the most expensive option available. Our analysis shows coal plants equipped with CCS are nearly three times more expensive than onshore wind power and more than twice as expensive as solar photovoltaics (PV).
America’s Utility Of The Future Takes Shape In Illinois, Ohio, And Minnesota
The old utility business model is cracking as competitive energy technologies displace increasing parts of the utility service, taking some of the revenues that go with it. In response, multiple states are investigating models for a “utility of the future” to establish a reliable, resilient, affordable and clean electric grid.