With some of the highest electricity prices in the United States, and mindful of the massive disruptions to its electric service caused by Hurricane Sandy, New York has undertaken a major reform of its electric utility industry. This reform begins with the New York Public Service Commission (NYPSC), which has recently issued a broad-scale initiative to change the way utility service is provided that may serve as an example nationwide. The reforms will radically alter the way electric utility services are provided and priced to customers.
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Topics: Utilities, NY REV, Energy Policy, Microgrid, Energy Finance, Distributed Energy, Energy Management, Solar Energy, Renewable Energy
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Topics: Utilities, NY REV, Energy Policy, Energy Efficiency, Energy Finance, Distributed Energy, Energy Management, Solar Energy, Renewable Energy
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Topics: Utilities, NY REV, Energy Security, Energy Policy, Energy Efficiency, Microgrid, Distributed Energy, Solar Energy, Renewable Energy
Several members of the Sullivan Energy Finance Team attended Infocast's recent NY REV Summit. Speakers ranged from utility and regulator representatives to CEOs of technology and service providers, all eager to discuss the latest in New York's ongoing Reforming the Energy Vision (REV) proceeding. Several key themes emerged during the two day event:
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Topics: Utilities, NY REV, Energy Policy, Energy Finance, Distributed Energy
Co-author Morgan Gerard
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Topics: Structured Transactions & Tax, Distributed Energy, YieldCo, Renewable Energy
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Topics: Carbon Emissions, Energy Policy, Power Generation, Energy Finance, Legislation, Distributed Energy, Renewable Energy, Wind
In a previous post, we detailed how pro-renewables groups, like the Green Tea Party, are making significant inroads in many traditionally conservative states – such as Georgia, Florida, and Louisiana – that, in the past, have largely rejected policies that support renewable energy development. These groups, an unusual mix of conservatives and environmentalists, are breaking down political partisan barriers with a unified message that renewable energy development promotes national security, free market competition, and technological innovation.
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Topics: Energy Policy, Energy Finance, Distributed Energy, Solar Energy, Renewable Energy
Both the Senate and the House made progress on their respective updates to 2005’s Energy Policy Act this week. The general press has focused mainly on the fact that the long-term ban on oil exports was not lifted (which doesn't necessarily mean a lift of the ban is dead). However the absence of support for renewable distributed energy resources was equally stark in the eyes of renewable energy advocates.
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Topics: EPMA, Energy Efficiency, Energy Finance, Legislation, Distributed Energy, Solar Energy, Renewable Energy
Cuba’s classic cars are not the only relics from the 1950s on the island; Cuba’s electricity grid, a dirty and inefficient infrastructure suffering under five decades of a U.S. embargo and a state-run economy falls into the antique category as well. With the Obama administration’s recent announcement that Cuba has been removed from the U.S. list of countries sponsoring terrorism, the door for trade and investment has been cracked open for the first time in many years. The question now is how and when U.S. investment dollars can begin flowing to relieve the island nation’s economic isolation.
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Topics: Energy Policy, Energy Finance, Distributed Energy, Solar Energy, Renewable Energy
In the absence of a national green infrastructure bank that could provide financing for clean, renewable energy and energy-efficiency projects, individual states have stepped up to fill the gap and provide financial incentives and promote and facilitate investment. We discussed earlier in this blog how New York and New Jersey are rethinking energy finance and embracing green banks to support investment in renewable energy and distributed energy resources.
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Topics: Energy Policy, Structured Transactions & Tax, Energy Efficiency, Energy Finance, Distributed Energy, Solar Energy, Renewable Energy
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