Energy

The Rise of DG: Options for Addressing the Environmental Consequences of Increased Distributed Generation

States across the country are witnessing a surge in distributed electricity generation. DG has the potential to provide significant economic and reliability benefits. DG powered by zero- or low-emissions resources may also confer significant environmental benefits. But not all DG comes from these relatively clean sources. Increased reliance on “dirty DG,” especially DG that runs on diesel fuel, has

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Electricity Regulation at the Supreme Court: What Might the Grant of PPL Mean for EPSA?

Last week, the Supreme Court granted certiorari in Hughes v. PPL EnergyPlus, LLC (“PPL”), its second case of the term involving the Federal Energy Regulatory Commission’s (“FERC”) regulation of wholesale electricity markets. Two days earlier, the Court heard oral argument in the first case, Federal Energy Regulatory Commission v. Electric Power Supply Association (“EPSA”). Following argument in EPSA, the prevailing wisdom was

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Building New York’s Future Electricity Markets: Identifying Policy Prerequisites & Market Relationships

New York State’s “Reforming the Energy Vision” (REV) proceeding aims to improve the efficiency of the State’s electricity system by animating markets for distributed energy resources (DERs). Thus far, the New York State Public Service Commission (Commission) has laid out several aspirational features of its DER market vision. The Commission has determined that distribution utilities will serve

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Minding the Gaps: Identifying Priority Areas for REV Demonstration Projects to Address

New York’s “Reforming the Energy Vision” (REV) proceeding aims to take advantage of advances in distributed energy resource (DER) technology to make the State’s electricity system more efficient, resilient, and sustainable. The change that New York seeks to achieve is nothing short of transformative and will take many years to fully realize. To ensure that utilities make

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The Merits of an ‘Integrated’ Approach to Performance-Based Regulation

The composition of utility revenues under performance-based regulation depends on the approach used to set base revenue allowances and the magnitude of financial performance incentives. For the most policy-responsive regime, regulators should pursue ‘integrated PBR’ by both broadening the set of performance incentives they offer and embracing benchmarking for base revenue allowances. Published in: The Electricity Journal (2015)

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The German Energy Transition: Debating Implications for New York State

On April 29, the Guarini Center and Ecologic Institute co-hosted a discussion on the German Energiewende (Energy Transition)and potential implications it could hold for energy reforms that are underway in New York State. To help facilitate an informed discussion, the Guarini Center prepared a set of facts and figures comparing the German electricity sector and relevant policy instruments

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Designing Performance Incentives to Advance New York State’s Policy Agenda

This policy brief examines how the New York State Public Service Commission (PSC) can implement an expanded set of performance incentives for electric utilities to realize its ambitious policy objectives. The brief outlines the steps regulators must address in order to design an effective performance incentive framework and describes the approach taken by regulators in

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Toward Policy-Responsive Performance-Based Regulation in New York

This policy brief presents and evaluates options for performance-based regulation (PBR) approaches that the New York State Public Service Commission (PSC) can adopt in its REV proceeding. It recommends that the PSC adopt “Integrated PBR,” by both broadening the range of policy incentives for utilities and benchmarking base revenue allowances, in order to cost-effectively address REV’s ambitious

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Reforming Electricity Regulation in New York State: Lessons from the United Kingdom

In the order instituting New York’s “Reforming the Energy Vision (REV)” proceeding, the Public Service Commission indicated that the United Kingdom’s novel approach to network regulation known as “RIIO” could serve as a model for reforms in New York State. However, in light of a dearth of up-to-date and comprehensive information in the US about

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