The two largest private wind energy projects in Alaska were froze out in February, stalled through decisions made by the Regulatory Commission of Alaska. Proponents say the impact is more than loss of green jobs and clean air; in the case of the Delta Wind Farm (DWF), it is threatening residents’ lives.
An innovative group purchasing program in Boulder County, Colorado, put hundreds of electric vehicles on local roads and sparked the addition of more than 1 MW of rooftop solar in its first two years. Now, the initiative is a springboard for efforts nationwide to allow consumers to seize control of their clean energy future.
The growing reliance by U.S. energy markets on low-cost wind and other clean power sources is a key part of the solution, not a problem, for ensuring the reliability, resilience and security of America's electric grid, the seven top U.S. grid operators told a House Energy and Commerce subcommittee hearing on "Powering America" July 26.
There’s a new model emerging for growth-starved utilities looking to profit from America’s solar and wind power boom. American Electric Power Co. is using it for a $4.5 billion deal that’ll land the U.S. utility owner a massive wind farm in Oklahoma and a high-voltage transmission line to deliver the power.
In late July, Invenergy and GE Renewable Energy announced the renewable “Giga-project” Wind Catcher Energy Connection, which will link more than 1.1 million residents in the south central portion of the country with wind energy harvested from what will be the second-largest wind farm in the world, located in Oklahoma. Almost simultaneously, the American Wind Energy Association (AWEA) released Q2 2017 figures that showed a 40 percent increase in wind project development over the previous year.
Across the nation, smart business leaders are doubling down on wind power because new business realities are driving an energy marketplace that is more diversified and flexible.
U.S. utility American Electric Power (AEP) has upgraded one of its existing energy storage sites with software that will qualify it to participate in the PJM Interconnection frequency regulation market.
AEP Ohio, a unit of American Electric Power (NYSE: AEP), on Dec. 16 issued two separate Requests for Proposal (RFPs) for wind and solar resources in Ohio.
The booming renewable energy industry is not only helping the world transition away from fossil fuels, it’s also providing job opportunities for people who are in most need of them.
In April 2014, Exelon, the nation's largest nuclear power generator, made a $6.8 billion offer for Washington D.C.-based Pepco. Exelon - which already owns Illinois ComEd and Baltimore G&E - would become the largest electric utility in the country, with nearly 10 million customers. Shareholders, federal regulators, and many state utility commissions have approved the deal. But in August of 2015, the D.C. Public Service Commission unanimously rejected it, finding little public benefit. Just three months later, in November of 2015, amid allegations of corruption, D.C. Mayor Muriel Bowser has settled with Exelon and the D.C. Commission has been asked to reconsider. Finally, Power D.C. notes "scores of [legal] briefs [have been] filed to urge the PSC to reconsider," including ones from the DC Attorney General and the Office of the People's Counsel. In this episode of Local Energy Rules, D.C. resident and executive director of the Community Power Network, Anya Schoolman, joins John Farrell to talk about why the merger is being reconsidered, the allegations against Mayor Bowser, and how the takeover seems like another story of energy monopoly at work. Podcast (Local Energy Rules Episode 28): Play in new window | Download Subscribe: iTunes | Android | RSS The Atom Bombed The takeover bid comes at a harrowing time for Exelon, says Schoolman. It is the nation’s biggest nuclear power generator, but in recent years, business has lagged. As cheap natural gas and wind out-competed its nuclear holdings, Exelon’s stock fell from $91 in April 2008 to about $30 today. Rather than compete against cheap wind and natural gas on the open market, Exelon has made moves to buy regulated utilities. In this case, it would acquire Pepco and its profits, guaranteed by state commissions. If the deal is completed, nearly 67% of Exelon’s income will come from captive ratepayers, up from just 17% in 2008. Exelon’s hard times are not unique. Schoolman notes that other electric utilities with expensive, legacy power plants have sought bailouts in Ohio and West Virginia. Earlier this year, Exelon backed legislation in Illinois to get a $1.6 billion bailout for its un-competitive nuclear plants. So What Changed? “Pepco will become a second tier company in a much larger corporation whose primary interest is not in distribution, but in generation,” said the DC Public Service Commission in August when they first denied Exelon’s merger. “At a time of change in the energy field, Pepco’s ability to adapt will be constrained by an increased management bureaucracy. We are also concerned about the inherent conflict of interest that might inhibit our local distribution company from moving forward to embrace a cleaner and greener environment.” When she first heard about the new commitments from Exelon, Schoolman says she was worried that her Power DC coalition was going to be in a tough negotiating position. But then she heard the actual results. The utility offered more money to offset prospective rate increases, but with no guarantee Exelon won’t raise rates above these offset levels. The new money is just a drop in the bucket of this $6.8 billion deal and half the money promised locally goes to DC government programs that Schoolman says have failed to handle money well in the past. The Name of the Game Then there’s the soccer stadium. 10 days before the new commitments were filed, Pepco gave the D.C. government $25 million for the naming rights to its new soccer stadium. The money will be used for eminent domain to build the stadium, and will be the largest land development deal of Mayor Bowser’s administration. “There’s something larger going on here,” says Schoolman. A number of prominent outlets are calling the deal #SoccerGate. Already, citizen groups have seen Exelon and Pepco pulling strings in Bowser’s government to win approval. It’s not just about D.C. and Pepco. Rather, “they’re making a play for the PJM grid [the East Coast-based energy market where Exelon and others sell power competitively],” Schoolman says. Already, Exelon has gamed the market by withholding capacity during a recent auction, costing its Northern Illinois ratepayers approximately $100 per year. Now as they acquire more property within the market, they increase their voting power and ability to further change the market rules. “The problem is [the PJM market is] so complicated and the [DC] commission feels it’s out of the scope of their review,” she says. “There’s a huge story here about the consolidated behemoths that are changing the rules of the grid.” To submit comments on the takeover, or your experience with ComEd, Baltimore Gas & Electric, or any of Exelon's subsidiaries, visit PowerDC.org and click on "Take Action." This is the 28th edition of Local Energy Rules, an ILSR podcast with Director of Democratic Energy John Farrell that shares powerful stories of successful local renewable energy and exposes the policy and practical barriers to its expansion. Other than his immediate family, the audience is primarily researchers, grassroots organizers, and grasstops policy wonks who want vivid examples of how local renewable energy can power local economies. It is published intermittently on ilsr.org, but you can Click to subscribe to the podcast: iTunes or RSS/XML This article originally posted at ilsr.org. For timely updates, follow John Farrell on Twitter or get the Energy Democracy weekly update.