With Fossil Fuel Plants Overvalued, It’s Time to Get Capacity Right

Posted by Kat Burnham on Apr 14, 2022 10:30:00 AM

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Grid operators today are managing a changing portfolio mix while facing new system reliability challenges, such as extreme weather events occurring with greater frequency. As the clean energy transition accelerates, it’s vital that grid operators accurately understand how much they can count on different generating resources. They do so by evaluating the resource adequacy, or capacity value, of the resources available to determine how to meet total demand. But what happens when those methods of valuing capacity overlook certain outage risks? Some generating resources gain more reliability credit than they deserve. That is indeed happening with conventional power plants (coal, oil, and natural gas), which may be overvalued by as much as 20% under traditional methods. As new analysis commissioned by AEE shows, it’s time to get capacity right.

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Topics: Regulatory, Wholesale Markets

For True Security from Dictators, America Needs to Become the Arsenal of Clean Energy

Posted by Nat Kreamer on Apr 12, 2022 12:00:00 PM

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As Russia’s brutal invasion of Ukraine drags on, it’s important to realize the role our energy choices are playing in the conflict. Our nation’s addiction to oil is financing violent autocrats, like Vladimir Putin, giving them the resources to wage wars abroad and oppress citizens at home. Congress and the White House have reacted by sanctioning Russia’s economy and banning fossil fuel imports from Russia to eliminate America as one of their customers, but it does not put Putin out of business. The best way for America to bankrupt Putin and other petro-dictators is by slashing oil demand here and around the world.

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Topics: Federal Policy, Advanced Transportation, Manufacturing and Infrastructure

At Policy ‘Bootcamp,’ Nevada Governor Commits to Electric Medium- and Heavy-Duty Vehicles

Posted by Sarah Steinberg on Apr 6, 2022 1:00:00 PM

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If transportation electrification is a puzzle, Governor Sisolak just put another critical piece in place. Last Thursday, he announced that Nevada would be joining a multi-state memorandum of understanding (MOU) that commits the Silver State to collaborating with 16 other states, the District of Columbia, and the Province of Quebec, to accelerate the market for zero-emission medium- and heavy-duty vehicles. The goal of the MOU is to ensure that 30% of all in-state sales of trucks, buses, and vans are zero-emission by 2030, and 100% by 2050. Now representing nearly 40% of the U.S. population, the consortium of states will be a powerful market mover in a space that’s already got plenty of momentum behind it.

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Topics: State Policy, Advanced Transportation

Recapping a Chaotic Legislative Session in Richmond

Posted by Harry Godfrey on Mar 21, 2022 11:00:00 AM

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On Saturday, March 12, the Virginia General Assembly (GA) adjourned its 2022 legislative session. Left unfinished were the Commonwealth’s biannual budget and a set of judicial appointments, necessitating a Special Session in the weeks ahead. Nonetheless, adjournment sine die at the end of the always frantic 60-day session marked the end of substantive legislative action. While the main focus was defense of the advanced energy progress made over the past two years, which was mostly successful, a couple of small but meaningful wins added to the total. And there was plenty of drama along the way.

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Topics: State Policy, Virginia, Legislative

Transmission Buildout Requires State as Well as Federal Engagement

Posted by Jeff Dennis on Mar 15, 2022 11:30:00 AM

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The need to deploy vast new supplies of advanced energy technologies to achieve a 100% clean electricity system and power the transportation and building sectors with clean electricity is well documented. Expanding the nation’s electric transmission infrastructure — the long-distance high-voltage lines that deliver electricity in bulk from generation resources to local distribution networks — is a key part of achieving that goal. A variety of challenges stand in the way of transmission expansion, ranging from weak planning processes, to fights over who will pay the cost of new lines, to local permitting and siting issues. Addressing these challenges will require policy changes not just at the federal level, where recent attention has been focused, but also in states and local communities.

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Topics: Federal Policy