We at @nrgenergy are big fans of the @ENERGY proposal that could create a more standardized, efficient process to connect large loads to the grid. Today we propose some concrete ideas to make sure it works as intended. 🧵
T&D costs "accounted for 44% of utilities’ capital expenditures in 2023 and has risen steadily since 2019... Spending on generation, by contrast, has been falling steadily since that time, amounting to 25% of capital expenditures in 2023." From @bstorrow https://t.co/9CFama5law
If states' avg prices are instead ranked based on % change from 2005-25, here's your top 25:
1 Maine
2 CA
3 WV
4 Indiana
5 MA
6 WA
7 CT
8 Alaska
9 KY
10 MD
11 Oregon
12 RI
13 Mich
14 Wyoming
15 Minn
16 Missouri
17 TN
18 Alabama
19 Hawaii
20 Idaho
21 IL
22 VA
23 Wisc
24 NJ
25 SD
.@nrgenergy is out with a two-part podcast where I walk through Texas's Senate Bill 6 with my colleague Scott Hart. It's one of the first and most comprehensive state-law approaches to our new era of booming demand growth in the power sector. Have a watch/listen!
Legislation to unleash the benefits of #energy competition for Ohio is on its way to the Governor's desk.
Here's how OH HB15/SB2 can put the state on the right track to meet rising power demand and grow the state's economy: https://t.co/CYBTwmwIbW
I am still decompressing from #CERAWeek, where it was obvious that it will take both sides of the electricity market -- supply especially with gas, and more flexible demand -- to power American economic growth:
We have been busy building out existing sites to power Texas, and now we are turning toward 5 GWs of new opportunities both there & @pjminterconnect
Competitive markets create options and meet customer demands. Watch @TheRealMcKenney of @NRGEnergy inform the #Missouri House General Laws committee on the benefits of competitive #EnergyMarkets 💡📽️👉 https://t.co/pw6dXJ9gTK
In restructured U.S. electricity markets, incentives for the demand side are split between the utilities that provide poles&wires service and the suppliers that provide energy.
For the first time, Ohio is taking a swing at making sure those incentives can be easily unified -->
@TKavulla The painting itself as well as the intrigue around it. I'm afraid it might be destroyed and lost forever, though it could just as well turn up in an attic in some backwater town in Iowa.
"At the end of the day, competitive market systems have proven more effective at driving cost-effective decarbonization than single-utility markets, all while fostering reliability and long-term planning."
👏@jbwellinghoff & @patwood3 👏
https://t.co/ZpT7jPHd9Q
@cress_cd If time constraints were no issue, I'd say Camp NARUC... but I wouldn't want to tell an associate they have to spend two weeks of non-billable time in Michigan. Rate School is the right answer.