By Julia Gheorghiu, Utility Dive
The Southwest Power Pool (SPP) Board of Directors on Monday approved 21 stakeholder policy recommendations on critical issues, such as enhancing reliability and cost allocation for new transmission. The SPP’s Holistic Integrated Tariff Team (HITT), made up of 15 stakeholders, offered recommendations to prepare the regional transmission operator for the grid of the future, including improvements to the wholesale energy market.
The transmission operator’s generation portfolio has changed dramatically over the past decade, with 50 GW of wind, 28.5 GW of solar and 5.7 GW of storage in its interconnection queue as of June. Stakeholder recommendations focused on this reality, asking SPP staff to create a white paper on energy storage and the future impacts of a battery storage buildout. Read more here.
MORE NEWS, OPINION & RESOURCES
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Invenergy, a Midwest-based developer and operator of sustainable energy, recently announced a historic sponsorship of the National FFA Organization. Invenergy is the first sustainable energy company to establish a nationwide investment of this scale with the organization.
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By 2023, Empire plans to add it its generation portfolio nearly 700 MW of renewables, with 600 MW of wind leading the way. This is a ton of development for pretty much any utility, and for one serving just 173,000 customers, it’s enough to meet demand multiple times over, even if every single customer had a business or small factory, which they do not. Hats off to Empire District Electric Co. for recognizing that the energy revolution is coming and embracing that future.
- College harnessing power of the sun, Jacksonville Journal-Courier
The project is a part of the Illinois Power Agency’s Adjustable Block Program, which provides incentives for solar photovoltaic systems to help the state reach its goal of producing 25% of its electricity from renewable energy sources by 2025.
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- Senate committee passes bill that includes climate change section, American Public Power Association
- As scientists predict ‘killer heat’ in near future, ag companies and farmers prepare, by Christopher Walljasper, Midwest Center for Investigative Reporting, St. Louis Post-Dispatch
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- Electric Vehicles 101, Natural Resources District Council
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- The rapid maturation of the U.S. energy storage market, PV Magazine
This op-ed by global law practice Eversheds Sutherland looks at some of the financial drivers and supporting policies that underlie the rapid development of the U.S. energy storage market.
- Investments in Energy Storage Grow as Battery Costs Fall, Power Magazine
Research company BloombergNEF (BNEF) in its latest forecast published Wednesday said energy storage installations worldwide will grow across the next two decades, from the 9 GW/17 GWh of capacity deployed as of last year, to 1,095 GW/2,850 GWh by 2040, as battery costs fall by half by 2030 compared to today’s levels. It said two markets—stationary storage and electric vehicles—will drive demand for batteries.
- The Opportunity to Save Money, Energy, and Carbon With Grid-Interactive Efficient Buildings, Rocky Mountain Institute. This blog coincides with the launch of Rocky Mountain Institute’s (RMI’s) latest report, Value Potential for Grid-Interactive Efficient Buildings in the GSA Portfolio: A Cost-Benefit Analysis. The report provides lessons that could help any building owner to unlock the cost-, energy-, and carbon-savings potential of grid-interactive efficient buildings and is based on our work with the US General Services Administration.