Dana Guernsey’s Post

💡 "Consumers should not accept a future where power is less reliable and more expensive. But unless we establish common ground and advance realistic solutions, that is the future we can expect." In a new article for Utility Dive, EPSA President and CEO Todd Snitchler and Americans for a Clean Energy Grid (ACEG) Executive Director Christina Hayes spotlight actionable, nonpartisan solutions to bring more cost-effective, reliable, and sustainable energy to Americans. As political rhetoric heats up, there's still plenty of room for both/and approaches that create winners all around. New legislation from U.S. Senator Joe Manchin, III and US Senator John Barrasso shows bipartisan commitment to fixing a broken system. Other key actions to enhance and build transmission and optimize power market rules can have meaningful impact. Read their recommendations for a stronger system. #energy #energypolicy #permittingreform #infrastructure #energyexpansion #cleanenergy

It's a good week for energy geeks! I've been working through the Department for Energy Security and Net Zero REMA second stage consultation paper and options analysis with colleagues in the Foot Anstey LLP Clean Energy team, and we share our initial thoughts on some of the key provisions. We're still going through the fine details and analysis, but overall it seems to be a pretty sensible set of potential reforms being taken forward (Regen neatly referring to this as "Progressive Market Reform"). There is still a lot of complexity to work through within REMA and then in implementing the reforms themselves - not to mention resulting changes that would be required to the connections process and planning system if certain measures were to be adopted (looking at you, Zonal Pricing!), but overall I'm feeling positive and looking forward to spending more time with these documents in coming days. #REMA #energy #energytransition

There has been public discussion about security of supply in energy in recent weeks - both for the short and longer term. The Electricity Authority Te Mana Hiko has been actively working with Transpower New Zealand and the wider sector, to implement actions that contribute to security of supply during the high winter peaks. A number of the actions put in place for last winter were important in keeping the lights on. No-one is taking anything for granted, but there is an expectation that these actions, and the ongoing improvements that are being made, will sustain security of supply for winter 2024. Moving past a year-to-year approach to the future electrified and resilient system is an equal challenge. There will be more participants interacting with the system across supply and demand, and there will be added complexity and short term cost as we all grapple with the need for more investment in the system. As an Authority – and as a sector – we have to consider everything we can do to minimise the short-term price pressure while continuing to set up a future where energy is secure, accessible and affordable. It is a huge challenge. There is no silver bullet but rather, in the words of Hillary Institute laureate Aimée Christensen - we need “silver buckshot".

The 2024 Utility Decarbonization Index reveals significant progress among U.S. electricity producers, with Pacific Gas and Electric leading the charge. As these utilities accelerate their decarbonization efforts, they play a pivotal role in cutting the 33% of U.S. emissions coming from the power sector. #Decarbonization #CleanEnergy #Utility

I wanted to share my thoughts on today’s #ECC report. More green energy flowing to families and businesses will: ▶️ Protect bill payers from fossil fuel-driven price shocks ▶️ Drive nationwide economic growth and investment. New infrastructure, including #TheGreatGridUpgrade, will move this energy from where it’s generated to where it’s needed. In turn, this will deliver the reliable, innovative, clean energy system the country needs, playing a vital role in preventing future energy crises. Here's more on the largest overhaul of the electricity grid in generations: https://lnkd.in/eH9_jfNH

EU milestone towards a carbon-free and greener future for all! With today's adoption of the #electricity market reform, the #EU is #empowering #consumers, ensuring #security of #supply and paving the way for a more #stable, #predictable, and #sustainable #energy market. • The updated rules for power purchase agreements (#PPAs) promote stability and investment in #renewables by cutting red tape and enabling guarantee schemes. • Member states will use two-way contracts for difference (#CfDs) to support new electricity generation investments, ensuring price stability and market #efficiency. • During high-price periods, excess revenues will be redistributed to customers or invested in #grid improvements. • The new regulations also enhance consumer protection, especially for vulnerable groups, and ensure security of supply with structural capacity mechanisms. The regulation, now adopted, will be enforceable 20 days after publication, with member states given six months to adapt their laws. https://lnkd.in/dPpzeYcr

The Energy and Technology Committee wants to address the issue of fluctuating utility rates this session, along with revisiting the vetoed bill from last session concerning the testing of new technologies in the state.  #ctnewsjunkie #ctpolitics

The clean energy transition is leading to record spending by utilities, and analysts want to know how the electric sector will support their continued capital needs.

https://lnkd.in/e654aUza "However, to roll out the advanced reconductoring technique countrywide, utilities must get regulators on board. Regulators are often wary of approving new technologies where there are tried-and-tested alternatives. In addition, as the wires are more expensive than those currently being used, they may be sceptical of investing money in the technique. Further, due to the uncertainty around the level of growing energy demand in various parts of the U.S., several regulators may see the high cost of “futureproofing” the grid as a risky move."

The Energy Bill Discount Scheme (EBDS) ends on 31st March, removing direct financial support for intense energy consumers. In the absence of a long-term support policy for business, take control of escalating energy costs with our 'smart energy management' solution amongst other strategies. https://lnkd.in/esDvbbxd #energysaving #energyefficiency #eliminatewaste #panoramicpower