The CAISO has developed an alternative transmission development model, the Subscriber Participating Transmission Owner (PTO) model, to support the development of additional transmission necessary to achieve the state’s public policy requirements.
Read Full ReportRecent months have seen a flurry of rather unusual regulatory applications across the United States: energy and/or storage suppliers asking regulators to approve increases to the amounts they are to be paid for their services, not in the procurement and bidding stages, but after contracts have been signed, and in many cases when project development is well underway.
Read Full Report2022 was a record-breaking year that saw the highest price, the highest recorded Alberta Internal Load (AIL), and the greatest number of wind and solar additions yet . The year also had the highest frequency of hours of congestion observed in the system, especially in the South planning area.
Read Full ReportThe Independent Electricity System Operator (IESO) published the 2022 Annual Planning Outlook (APO) providing an outlook on Ontario's electricity system plans and future system operations.
Read Full ReportLikely driven by the attractive production and investment tax credits in the Inflation Reduction Act, last week Air Products and AES announced a deal for a green hydrogen project capable of producing over 200 Metric Tons per day, which will require about 1.4 GW of wind and solar generation.
Read Full ReportOn December 8, 2022 Power Advisory hosted a webinar to discuss E-LT1 RFP and Contract Overview.
Read Full ReportAn important trend in North American wholesale electricity markets in 2022 was the expansion of these markets to facilitate the integration of variable output renewable resources.
Read Full ReportOn August 12, 2022 the US House of Representatives passed the Inflation Reduction Act (IRA), which was signed into law by President Biden on August 16, 2022. The legislation is touted as climate change legislation and some experts maintain that it will set the US on a path to a 40 percent reduction in greenhouse gas emissions by 2030.
Read Full ReportThe highly anticipated decision on the AESO’s bulk and regional tariff application was released on November 10, 2022. In it, the Commission denied the AESO’s application.
Read Full ReportThe revenue certainty offered by long-term power purchase agreements (PPAs) is essential to the financing of offshore wind (OSW). To date in the US state-mandated renewable energy procurements have been relied upon to award these long-term PPAs.
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