PUCsPSCs State

Arizona’s New Solar Incentives

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The Arizona Commerce Authority (ACA) will refund up to 10% of capital investments in renewables in the form of income tax credits, the state agency announced on Tuesday.

The incentive will be one of six the state will begin to offer as part of a larger attempt to encourage renewables development, particularly solar, in its sun-soaked desert land. The other incentives for the renewables industry will include up to $9,000 in income tax credits for new jobs created, reimbursable grants up to $1.5 million for employees training, up to 34% R&D tax credit, various funding through the “Deal Closing Fund” and significant business tax reductions. Keep reading →

 /  Published July 5, 2011 at 7:30 PM

Rollin’ Blackouts

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Record heat waves across the US this summer could force businesses and homes to use more electricity, potentially straining power grids.

But state electricity grid operators ranging from California to Texas said they have enough power on hand to meet the demands of peak usage during the summer months. Keep reading →

 /  Published June 17, 2011 at 9:30 AM

Divining The Mysteries Of SREC Markets

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Forward Solar Renewable Energy Credit prices have slumped recently; we believe this is a result, at least in part, of market concerns over potential oversupply for Reporting Year 2012.

A recent New Jersey Board of Public Utilities report indicates that the RY 2012 mandate of 442,000 Solar Renewable Energy Credits (SRECs) may potentially be exceeded. Keep reading →

 /  Published June 8, 2011 at 9:45 AM

Political Markets, Political Solutions

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In energy, government can mean business.

Public policy is paramount in creating new markets and new business models within the energy sector, according to a former chief of the Federal Energy Regulatory Commission (FERC). Keep reading →

 /  Published June 8, 2011 at 6:20 AM

Just The Beginning For Atlantic Wind Connection

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For all of their importance, federal approvals are often only the beginning for large energy projects.

The Atlantic Wind Connection (AWC) jumped a major hurdle with the Federal Energy Regulatory Commission‘s (FERC) recent approval of the offshore wind project’s financing plans but still faces many technical, regulatory and environmental challenges if it is to become a reality. Keep reading →

 /  Published June 7, 2011 at 8:45 AM

Video: California Races Towards Its Goal

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On April 12, California Governor Jerry Brown signed a new renewables portfolio standard (RPS) that set a goal of 33% power from renewables by 2020.

This move has paved the way for developers to construct wind and solar project like never before. More megawatts of renewables are currently under construction in California than have been constructed in the past decade. Keep reading →

 /  Published June 2, 2011 at 3:37 PM

Christie’s $65 Million: Quotes From The Industry

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Governor Chris Christie withdrew his state’s participation in Regional Greenhouse Gas Initiative (RGGI) late last week.

Last year, NJ earned $65 million from the emissions auctions and some politicians think that Christie should now give that money back: Keep reading →

 /  Published May 31, 2011 at 6:00 PM

Video: Christie Announces NJ To Quit RGGI

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NJ Governor Chris Christie announced last week that his state would be pulling out the ten-state Regional Greenhouse Gas Initiative (RGGI), providing an interesting look at the way in which governors, and other politicians struggling with economic woes, are handling pressures to reduce carbon emissions and internal pressures from constituencies.

RGGI is intended to lower greenhouse gas emissions by setting a cap and trade pricing system with steadily contracting limits. Keep reading →

 /  Published May 31, 2011 at 1:30 PM

The More You Spend, The More You Save

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California wants private companies to take the lead on investment in energy efficiency.

California’s critical investments in energy efficiency must come from private debt and equity markets, rather than the government, said the state’s most recently appointed public utilities commissioner. Keep reading →

 /  Published May 31, 2011 at 9:40 AM

Pennsylvania Regulators Face Their Future

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Problems abound for Pennsylvania’s electricity regulators.

Faced with aging power infrastructure, a mandate to boost use of renewable fuels, and a natural gas drilling boom in its midst, Pennsylvania’s Public Utility Commission has its work cut out for it in coming years. Keep reading →

 /  Published May 26, 2011 at 5:05 PM
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