Tag: utility
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Wind Solar Alliance report shows how outdated wholesale market rules prevent price reductions
Record low costs and consumer demand are driving growth in American wind and solar energy. However, outdated wholesale market rules are preventing the two technologies from further reducing prices for consumers, according to a new report, Customer-Focused and Clean: Power Markets for the Future. With major grid operators in PJMRead More — Solar Builder magazine
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Poll results show utilities losing ground to third-parties in consumer preference for new energy services
Customer demand for new energy technologies like electric vehicle (EV) charging and solar power has more than doubled since 2017. Utilities across the country, with an eye on creating new revenue streams, are increasingly launching EV charging and solar power offerings to meet this growing demand. While many consumers viewRead More — Solar Builder magazine
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American Electric Power (AEP) to add 8.3 GW of renewable generation by 2030
Ohio-based American Electric Power says it plans to invest $33 billion in capital from 2019 through 2023, with $2.7 billion of that focused on new renewable generation, including approximately $2.2 billion for competitive, contracted renewable projects. “Our long-term strategy is built on investments that will benefit our customers and positionRead More — Solar Builder magazine
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Nevada voters want the state to hit 50 percent renewable energy by 2030
The Nevada solar industry got a shot in the arm on Election day with the passing of Question 6 and calling for a stronger economy fueled by clean energy. By putting the state on track to use 50 percent renewable energy by the year 2030 (doubling the previous RPS), QuestionRead More — Solar Builder magazine
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New report explores 10 grid reform concepts, case studies for utilities to consider
A frequent topic on this site over the last year is the need for more advanced utility business models and a new report from the Advanced Energy Economy and Rocky Mountain Institute echoes this sentiment, noting that advancing efficient and equitable approaches to update the utility business model is crucial toRead More — Solar Builder magazine