Energy & Power - Business Research Insights’ Post

Transparency: Honesty should come as a given … but that’s often not the case in the energy industry. We think it’s worth pointing out how transparent we are about who we are, how we work, and what we gain. 🌐 https://lnkd.in/e-firwpg #BusinessEnergy

Although #InterconnectionWeek is sunsetting, the challenge of cost-effectively meeting America’s energy demand remains. Thank you again to the Federal Energy Regulatory Commission for hosting this week's workshop and the opportunity to discuss interconnection reform. We will continue to shed light on what’s needed to speed up the deployment of #CleanEnergy solutions. Read the reforms we're calling for in our most recent report: https://hubs.ly/Q02PJF_V0

A guide to utility resource plans aims to help state regulators and others engage effectively with utilities in reviewing the plans, which have often been challenged for limiting solar and storage in projections of new generating capacity needed. #Markets #MarketsPolicy #Policy

Delays between an application for grid connection and a plant going online are not just a function of slow interconnection processes. As LBNL has documented, equally important factors for delays are permitting and community opposition: https://lnkd.in/eS_Gi9fV This means there are probably 100 GW of projects with completed grid interconnection agreements that are delayed for other reasons. In PJM alone that number exceeded 40 GW a year ago: https://lnkd.in/eH4Uw4gw To mitigate the delays in generation development thus requires a multi-faceted approach that includes (1) improve generator interconnection processes (as grid operators are trying to do); (2) streamline permitting processes (as states such as CA, NY, and MA are working on); and (3) improve community engagement. Recommendations on the first item are posted here: https://lnkd.in/evYKdbpy

An interesting article in the The New York Times discusses some huge changes to the way U.S. power lines are planned and funded...   The Federal Energy Regulatory Commission (FERC) has enacted Order No. 2023, a major overhaul of the U.S. electric grid's interconnection procedures. This rule aims to address significant delays in connecting new energy projects to the grid by introducing a "first-ready, first-served" approach, requiring developers to secure financing and land rights before joining the queue, and imposing financial penalties on grid operators for missed deadlines.   This reform is crucial for advancing the clean energy transition and ensuring grid reliability. It comes in response to the growing backlog of interconnection requests, driven by the surge in renewable energy projects. By streamlining the process, FERC's new rule will hopefully help bring more wind, solar, and battery storage projects online faster.   Despite its positive impact, the rule faces opposition from some regional transmission organizations (RTOs) and utilities, which have raised concerns and sought legal challenges. However, the overall consensus is that this is a necessary step towards a more efficient and sustainable power grid.   Read the full story in the comments below.   #Sustainability #Energy #Solar #Wind

🌟 Exciting Times Ahead for Energy Developers! As Sylvia Levya Martinez of Wood Mackenzie rightly pointed out, the anticipated interconnection and transmission reform is a beacon of hope for many in the energy sector. The lack of transparency regarding network upgrade costs and timelines has been a significant hurdle, making it extremely difficult for developers to plan and execute projects effectively. There’s a need for enhanced transparency, reduced costs, and shortened timelines, all critical factors for the success of any project. Let’s discuss how these changes could impact our projects and strategies moving forward in the comments below ⬇️ You can watch the rest of this webinar here: https://hubs.ly/Q02vB65N0 #EnergySector #InterconnectionReform #NetworkTransparency #ProjectDevelopment #IndustryInsights

The Federal Energy Regulatory Commission (FERC) an obscure organization that no one knew about before the California Electricity Crisis in 2001, has issued some new guidelines regarding transmission. In my opinion, it is the beginning of a long transmission journey to who knows where. America's thirst for electricity continues to grow and sources that generate the power that travels the transmission highways is becoming scarce. TAG Consulting members have been involved with transmission and electricity issues since 1999. We have successes in this space and will do so again when Congress looks at energy next year. #TAGConsultingGroup

This just illustrates why Congress will have to deal with energy in 2025. Energy demand only continues to grow with no end in sight. We must make sure that decisions made in Washington, DC, are right for the country.

The Federal Energy Regulatory Commission (FERC) is expected to issue a final rule on regional transmission planning and cost allocation that's potentially one of the most important regulatory decisions in our lifetimes. Affordable, reliable, and #CleanEnergy depends on #transmission. Join us Thursday, May 2 at 1pm ET to discuss the rule and next steps. ⤵️ https://lnkd.in/esJUqi3z

The Federal Energy Regulatory Commission largely affirmed its. Order No. 2023 order per the agency's press release. While we wait for the release of 2023-A, the short version is that it's basically intact. Of note, there is an extension for compliance of 30 days from the date of publication in the Federal Register. Given the time scale needed for compliance efforts through stakeholder processes, this is enough time for some late breaking changes around the edges for the bits that Order 2023-A may touch, but will not provide the space for any material rethinking. https://lnkd.in/ePtjtwKr #energy #transmission