An 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.
Read Full ReportOn October 26th there were two major announcements regarding competitive procurements for transmission projects to support the development of renewable energy to achieve state clean energy goals
Read Full ReportExcited to announce that the Business Network for Offshore Wind has just released the new policy brief that I authored, Proposal for Coordinated Transmission Development for Offshore Wind in Multi-State RTOs, which outlines a framework for greater regional collaboration on offshore wind transmission planning and buildout.
Read Full ReportIt’s been a wild ride for electricity markets in the past two months, particularly in August. Electricity prices in jurisdictions across North America hit some of their highest levels in more than a decade.
Read Full ReportEnergy storage is on the move in Alberta. The 20 MW eReserve 3 Mercer Hill project is now online, bringing total grid-scale installed storage capacity to 70 MW with another 26 MW under construction and a further 230 MW have received regulatory approval.
Read Full ReportPower Advisory was retained by the City of Windsor to deliver a report with recommended actions to alleviate electricity supply and transmission constraints impacting investments and economic development in the City of Windsor and surrounding areas.
Read Full ReportThe IESO has released the results from its first Medium-Term RFP (MT-RFP 1), procuring around 310 MW and 380 MW of effective capacity in the summer months and winter months, respectively, from six different operating facilities with contracts soon expiring.
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