utilities

Inside Duke Energy’s renewables strategy | Utility Dive

July 7, 2015 // 0 Comments

Today, most rooftop solar arrays are installed by third party providers like SolarCity and SunRun — not regulated utilities. But as solar proliferates, its residential adopters pay less money to the utility because they can generate or offset a portion of their electricity demand. That means utilities — many of them already facing stagnant or negative load growth — can see significant portions of their revenue lost if solar catches on among their customers. Worse, they argue, solar adopters still use the grid, but pay less for its upkeep, forcing those costs onto other customers. Source: Inside Duke Energy’s renewables strategy | Utility Dive

EEI 2015: 5 major utility CEOs on the transformation of the energy system | Utility Dive

June 11, 2015 // 0 Comments

Head over to Utility dive now for some insights! It’s not often that journalists get the chance to hear the leaders of four major utilities talk about the hot-button issues in the electric sector, but that’s exactly what the EEI annual convention provided Wednesday. The panel of the EEI board, moderated Dominion CEO Tom Farrell, featured outgoing EEI chair and Southern California Edison CEO Ted Craver, Exelon CEO Chris Crane, Southern Company CEO Tom Fanning, and American Electric Power CEO Nick Atkins. They spoke on a variety of topics, from renewables subsidies to storage and the Clean Power Plan. Source: EEI 2015: 5 major utility CEOs on the transformation of the energy system | Utility Dive

100% renewables by 2045 is now the law in Hawaii | Utility Dive

June 11, 2015 // 0 Comments

Hawaii became the first state to commit to obtaining 100% of its electricity from renewables when Governor David Ige signed HB 623, mandating the state’s utilities reach that resource mix by 2045. The law, effective July 1, sets 30% by 2020, 40% by 2030, and 70% by 2040 interim targets. Source: 100% renewables by 2045 is now the law in Hawaii | Utility Dive

EEI 2015: Why Elon Musk thinks the future is bright for utilities | Utility Dive

June 10, 2015 // 0 Comments

Interview with Elon Musk and SoCal CEO Ted Craver on Utility Dive, excellent read The key, Musk said, is the shift toward an electricity-based economy. As consumers transition from petroleum-fueled vehicles to electric ones, Musk predicted that electricity demand would double or more, creating a huge new market for utility services. In the long run, distributed generation will likely account for about a third of electricity generation, Musk said, so there will still be plenty of need for central station power and the grid. Source: EEI 2015: Why Elon Musk thinks the future is bright for utilities | Utility Dive

How utilities can thrive through the ‘all-encompassing evolution’ of the grid | Utility Dive

June 10, 2015 // 0 Comments

.. But the changes in how energy is marketed and distributed has also thrown a wrench into the traditional utility business model, and has left utilities struggling to understand their revenues and where they fit into the new energy future.“So many of the assumptions that have traditionally underpinned the grid are changing so quickly that the rules of the game, from a revenue perspective, are being rewritten,” Lawrence said. Source: How utilities can thrive through the ‘all-encompassing evolution’ of the grid | Utility Dive

Inside Hawaii activists’ push to ditch HECO and transform the utility business model | Utility Dive

June 4, 2015 // 0 Comments

Power to the people: Hawaiian city councils are investigating how they can replace traditional electricity distribution by smart grids. In an effort to gather information on how to replace Hawaiian Electric Co. (HECO), Oahu’s Honolulu City Council is preparing to fund a study on options. To replace Maui Electric Co. (MECO), Maui County Mayor Alan Arakawa issued a Request for Proposals for a similar study.To replace Hawaii Electric Light Co. (HELCO) on the big island, an aggressive group has formed the Hawaii Island Electric Cooperative (HIEC). That group is basing its efforts on the model of Kauai’s successful Kauai Island Utility Cooperative (KIUC) which handles 5% of the state’s load. Source: Inside Hawaii activists’ push to ditch HECO and transform the utility business model | Utility Dive

What’s Really Got the Attention of Utilities?   – Energy Efficiency Markets

June 3, 2015 // 0 Comments

When asked what policy or regulatory advances will impact the industry’s evolution most by 2020, utilities cited net metering and distributed generation  first (30 percent) followed by greenhouse gas emissions rules (22 percent).Why so? Because rules are rules. But distributed generation (DG) is a wild card. Source: What’s Really Got the Attention of Utilities?   – Energy Efficiency Markets