Given the long lifespans of power system investments, planning should start incorporating climate change effects. A new study provides a valuable example of an approach to more comprehensively integrate climate risks in long-term electricity planning. This work also illustrates an important win-win in that solar power is both an effective adaptation (helping to reduce summer peak) and carbon mitigation strategy, highlighting positive, no-regret investments.
This online data explorer allows anyone to view the economic, jobs, generation, and emissions benefits from creating a Southeast RTO in a dynamic format along with specific results for each of the seven states (Alabama, Florida, Georgia, Mississippi, North Carolina, South Carolina, and Tennessee) included in the regional model.
New modeling shows hitting 90 percent clean energy would create a sustained economic boost, injecting $1.7 trillion of private investment into the economy over 15 years, supporting 530,000 new net jobs per year, and cutting wholesale power prices 10 percent.
EI CEO Hal Harvey highlights a research paper series exploring how wholesale electricity markets, which serve 2/3 of the U.S., can be reformed to rapidly decarbonize the grid at lowest cost.
APP Director Sonia Aggwarwal outlines how billions in coal and nuclear bailout funds would be better spent by proactively supporting communities affected by uneconomic plant closures.
EI’s Eric Gimon explores low planning reserve margins forecast for ERCOT’s summer peak demand, highlights how people should be interpreting them, what the PRM really means, how to tell if ERCOT is at an acceptable level of capacity risk, and why Texas regulators should stay the course.
APP contributor Mark Ahlstrom discusses how FERC’s recent Order 841 creates an opportunity for federal regulators to create a universal data model in power markets for all grid resources.
EI’s Robbie Orvis and Mike O’Boyle outline how wholesale market design and underlying terminology favors conventional fuel-based generation—often at the expense of cheaper, cleaner technologies.
It is now cheaper to build new wind and solar than new coal or often natural gas. In growing swaths of the country, it’s often cheaper to build new wind (and sometimes solar) than continuing to run existing coal plants. The implications are profound.
DOE wants to shore up coal and nuclear power plants in the name of resilience. EI’s Mike O’Boyle discusses what resilience means for a clean energy future.