Category Archives: Announcements

North American Leaders Set Goal for 50% Clean Energy by 2025

North American heads of state met yesterday in Ottawa to commit to generating half of the continent’s electricity from “clean energy” sources by 2025.   These clean energy sources include renewable energy, nuclear generation, fossil fuel plants that use carbon capture and storage, and energy efficiency.  Currently, 37% of North American electricity is provided by clean energy sources.  In the U.S. which represents about 75% of total North American generation, only about 33% electricity generation is from renewable and nuclear facilities as shown in the figure below.  In stark contrast, about 80% of Canada’s electricity is provided by clean energy sources, with hydro representing about ¾ of this.

US Generation by Type 2015

Particularly troubling for the U.S. are the pending retirements of the following nuclear units: Clinton, Diablo Canyon, Fort Calhoun, Fitzpatrick, Oyster Creek, Pilgrim and Quad Cities. The table below indicates the location, rated capacity and 2015 annual electricity output of these units.  In 2015 they generated almost 64 TWh, representing 1.6 percent of total U.S. utility generation.  Clearly their loss will have a significant impact on the investment required for the U.S to achieve this 50% clean energy goal. Equally important are the implications of the loss of this non-carbon emitting generation on the cost of achieving the emission reductions required by the Clean Power Plan.  With the stay of the Clean Power Plan, a “policy bridge” to support this generation would appear to be appropriate.

U.S. Nuclear Generating Units Scheduled for Retirement

USNuclearRetirementSchedule20160630

According to the recently released 2016 Annual Energy Outlook about 43% of U.S. electric generation will be produced by such clean energy sources by 2025, with a major contributor to this growth the additional renewable energy spawned by the extension of the production tax credits.  This gap suggests that additional policy support will be required to achieve the 50% goal.  Additional clean energy from Canada, such as several New England states are considering, could assist the US in achieving its target.

 

Ontario Energy Board releases Power Advisory report on dynamic electricity pricing options for Ontario

The Ontario Energy Board (Board) has published a multi-year roadmap for updating and improving Ontario’s Time-of-Use electricity pricing system. The Board’s strategy is based in part on a jurisdictional review of dynamic pricing programs employed elsewhere performed by Power Advisory.   In particular, Power Advisory reviewed the experience with many forms of time-varying pricing in other jurisdictions, and identified which ones would be most appropriate for Ontario. Our report identified Critical Peak Pricing (CPP) as both effective in reducing electricity system costs, and requiring relatively little consumer effort to achieve a significant cost impact. We also highlighted the importance of enabling technologies, such as smart thermostats, in achieving cost-effective results. Building on Power Advisory’s recommendations, the Board’s roadmap includes two types of pilot studies: one focusing on simple forms of dynamic prices such as CPP, and the other focusing on enabling technologies which will allow more complex pricing.

Board’s roadmap http://www.ontarioenergyboard.ca/oeb/industry/regulatory+proceedings/policy+initiatives+and+consultations/regulated+price+plan#20151116

Power Advisory’s Report

http://www.ontarioenergyboard.ca/oeb/_Documents/EB-2004-0205/Power_Advisory_Report_RPP_Jurisdictional_Review.pdf

Power Advisory pleased to announce the addition of Michael Ernst

Power Advisory is pleased to announce the addition of Michael Ernst, an expert with 30 years of energy experience as an attorney for a state legislature’s energy committee, state energy facilities siting board, public utility commission, private energy law firm, independent transmission development company and energy consulting firms.

For more information, please visit our staff bios

Independent Review of Newfoundland and Labrador Electricity System

Power Advisory LLC has been retained by the Province of Newfoundland and Labrador to conduct an independent review of the electricity system.  Power Advisory LLC will examine the operation, management and regulation of the current electricity system to ensure reliability and security as well as a smooth transition into an interconnected system. Power Advisory LLC has completed projects of a similar scope in the past, particularly in Eastern Canada and the Northeastern United States.  For more information please see the press release here.

Power Advisory LLC Welcomes Alison Cumming

Power Advisory LLC is pleased to announce Alison Cumming as the newest member of our expert team of consultants.  Ms. Cumming is an energy sector professional with over 7 years of experience. Her expertise includes electricity market operations, policy development, resource planning, carbon policy and emissions costing. She has a strong knowledge of electricity generation contracts and market rules.  Please check our her full bio on our Power Advisory Team page

Power Advisory LLC Announces Additional Consulting Staff

Power Advisory LLC is pleased to announce valuable additions to the consulting staffs in our Boston and Toronto offices with the additions of Mike Cadwalader, Ray Coxe, Jim MacDougall, Wesley Stevens and Don Tench.  Background on these individuals and their areas of consulting expertise are contained in the attached document.

Power Advisory News Release May 1 2014

For further information on the entire Power Advisory LLC team, please visit the Power Advisory Team page