Governor Phil Murphy has signed landmark legislation that will enable the state to tie with California and New York for the nation’s third-most ambitious renewable energy mandate, as well as replacing the SREC system, boosting community solar, and more.
SB 1088, which would have effectively barred customer or third-party owned solar or batteries from providing reliability services for the distribution system has been altered before leaving the Senate Appropriations Committee.
A new bill, which has passed both houses of Missouri’s legislature, would give utilities the ability to implement rate increases while mandating power companies invest in utility-owned solar.
DTE Energy and Consumers have reached an agreement with the Tom Steyer-backed campaign and are adopting 25% renewable energy goals, with Consumers seeking 40% by 2040.
The House Committee on Appropriations has moved forward legislation to cut the department of Energy Efficiency and Renewable Energy Office by $243 million, while increasing funding for fossil fuel programs and nuclear energy.
A much heralded report shows solar and wind will lower wholesale prices, but it also shows a coming evolution in the pricing profile of the grid. These shifts in timing, shape, regularity and length will drive energy storage demand.
A study sponsored by NRDC and Sierra Club finds that old coal plants can be retired and safely replaced by solar and other resources, which will reduce pollution and save money for utility customers
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