The Massachusetts legislature passed legislation on July 21st that allows the Massachusetts Department of Energy Resources (DOER) to competitively solicit proposals for offshorewind (OSW) transmission.
Read Full ReportThe conditions facing Ontario’s electricity sector over the next decade are materially different than those from the last ten years. The Independent Electricity System Operator (IESO) is now in the early stages of embarking on administering multiple procurement processes to contract for needed supply.
Read Full ReportPower Advisory is excited to announce partnering with Stantec to provide an important study to WaterPower Canada regarding the future of pumped storage hydro.
Read Full ReportAlberta is currently undergoing a review of its transmission policy and the supporting mechanisms in the market design and ISO tariff. This work is ongoing and discussions related to the broad issue are happening in different places, hosted by various policy makers, regulators and agencies – there are many moving pieces.
Read Full ReportIn the March 2022 edition of the Ontario Market Update we laid out the supply problem that is confronting Ontario. Since then, the Independent Electricity System Operator (IESO) has published its 2022 Annual Acquisition Report (AAR), and the problem is bigger and more acute than previously reported.
Read Full ReportOn April 14, 2022, the New York Public Service Commission approved a new framework to achieve at least 10 GW-DC of distributed solar by 2030, an incremental 4 GW-DC above the NY-Sun target launched in 2014.
Read Full ReportOn May 4th Eversource Energy initiated a strategic review of its offshore wind (OSW) portfolio, which could result in the potential sale of all or part of its 50% interest in its OSW joint venture with Ørsted.
Read Full ReportM&A for commercial solar, comprised of commercial and industrial (C&I) and community solar (CS), has been very robust over the past few years. Some of the biggest deals have included Brookfield Renewables (AltaGas), Goldman Sachs (SunPower, Clean Focus Yield, South Jersey Industries), Argo Infrastructure (CarVal, Onyx) and CleanCapital (BR Group Holdings). More recent platform deals have included ECP (Pivot), Blackrock (DSD + Borrego portfolio add-on) and Partners Group (Dimension Renewables).
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