On November 22, 2023 Power Advisory hosted a webinar addressing the Ontario government's proposed regulatory amendment to Ontario Regulation (O. Reg.) 429/04 - Amendments Related to the Treatment of Corporate Power Purchase Agreements (PPAs).
Read Full ReportOn November 2, 2023, the Ontario Ministry of Energy posted a proposed framework to amend Ontario Regulation 429/04 (O. Reg. 429/04). This proposed framework aims to help facilitate eligible electricity customers (i.e., Buyers) to enter into corporate Power Purchase Agreements (PPAs) with clean energy Suppliers (e.g., renewable generators, battery storage, etc.).
Read Full ReportOn October 17, 2023, the International Energy Agency (IEA) released Electricity Grids and Secure Energy Transitions and the National Academies of Sciences, Engineering, and Medicine (NASEM) published Accelerating Decarbonization in the United States: Technology, Policy, and Societal Dimensions.
Read Full ReportLast week the New York Public Service Commission rejected the petitions by Empire Wind, Beacon Wind (both are Equinor & BP affiliates) and Sunrise Wind (Orsted & Eversource) to increase their contract prices to offset the impacts of inflation, supply chain constraints and higher interest rates.
Read Full ReportIn August 2023, the federal government released a draft version of the Clean Electricity Regulations (CER) that introduce stringent operating restrictions for gas-fired generation beginning in 2035
Read Full ReportIn August 2023, the federal government released a draft version of the Clean Electricity Regulations (CER) that introduce significantly more stringent operating restrictions for gas-fired generation beginning in 2035 – amounting to an effective prohibition on fossil-fueled electricity generation in its current form.
Read Full ReportPower Advisory LLC, a leading North American management consulting firm that specializes in electricity sector matters and solutions, is pleased to announce the addition of two new hires to their team: Kris Aksomitis, Director and Heejin Ryu, Manager, based in Colorado. Kris and Heejin will both be joining the US team and have a broad understanding of the US power markets.
Read Full ReportOn June 27, 2023, the AESO held what it called its “Inaugural Stakeholder Symposium” which was an all day event focused on the issues the AESO has been experiencing with reliability.
Read Full ReportOn July 10, 2023, Ontario’s Ministry of Energy released Powering Ontario's Growth – Ontario’s Plan for a Cleaner Energy Future (“the Plan”).
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