Power Advisory LLC

Power Advisory LLC is a leading North American management consulting firm that specializes in electricity sector matters and solutions.

[Power Advisory LLC @PowerAdvisory]

FERC approved a final rule to boost grid reliability and speed the nation's clean energy transition by requiring power line operators to use ambient adjusted ratings, which will provide more accurate line ratings. https://t.co/wtPULIO6P0

[Power Advisory LLC @PowerAdvisory]

BOEM has completed its environmental review of offshore wind leasing in the NY Bight and found no significant impacts in the 800,000 acres of wind energy areas. https://t.co/tRB66vu6C2

[Power Advisory LLC @PowerAdvisory]

TransWest Express and the Power Company of Wyoming (PCW) have agreed to sell 1,500 MW of capacity from PCW through the $3 billion transmission project providing low-cost wind energy to the Soutwest, according to FERC compliance filing. https://t.co/WZPnJWGBwW

[Power Advisory LLC @PowerAdvisory]

The Vermont Climate Council adopted an initial Climate Action Plan outlining 230 recommendations for how Vermont can reduce its GHG emissions to levels laid out in the Global Warming Solutions Act, ultimately being 80% below 1990 emission levels by 2050. https://t.co/Ejmpkgotyw

[Power Advisory LLC @PowerAdvisory]

The Maine Public Utilities Commission is conducting a Request for Proposals for the development of renewable energy generation projects in Northern Maine and transmission projects to connect such generation to the ISO-NE system. https://t.co/qEgjbaAGs2

[Power Advisory LLC @PowerAdvisory]

The Department of the Interior announced it has approved the construction and operations of the South Fork Wind project offshore Rhode Island by releasing a Record of Decision, concluding its environmental review. https://t.co/rkXeGccFhr

[Power Advisory LLC @PowerAdvisory]

At the COP26 climate summit, nearly 200 nations agreed in the Glasgow Climate Pact to phase down unabated coal-fired power plants and most fossil fuel subsidies while pledging to set more ambitious emission reduction targets a year from now. https://t.co/Ir2FgoYx1e

[Power Advisory LLC @PowerAdvisory]

The Build Back Better Act proposed on Oct. 28 by House Democrats would bolster and extend production tax credits for wind and solar by 5 years to 2026 and qualify storage and transmission projects for investment tax credits. https://t.co/iiexvQiA7Q

[Power Advisory LLC @PowerAdvisory]

Avangrid is challenging the rejection by Maine voters of the proposed 145-mile New England Clean Energy Connect transmission project to import 1,200 MW of Quebec hydropower, stating the ballot referendum violates multiple legal principles. https://t.co/LzI9F2VhoN

[Power Advisory LLC @PowerAdvisory]

The Southeast Energy Exchange Market (SEEM), a proposed trading platform for 15 utilities across the Southeast US, took effect after FERC commissioners deadlocked on the issue. The platform is set to be operational in 2022. https://t.co/qq3QqEqsae

[Power Advisory LLC @PowerAdvisory]

The Global Energy Storage Outlook report by Wood Mackenzie expects global energy storage deployments to nearly triple year-on-year, reaching 12 GW/28 GWh in 2021. The US front-of-the-meter storage is expected to surpass 300 GWh in 2030. https://t.co/kHwjR3GUQz

[Power Advisory LLC @PowerAdvisory]

The state of Maine submitted an application with the Bureau of Ocean Energy Management (BOEM) to lease a 15.2 square-mile area in the federal waters of the Gulf of Maine in which to host a floating offshore wind research project with up to 12 turbines.
https://t.co/thTs4NTYEm

[Power Advisory LLC @PowerAdvisory]

PJM’s revised MOPR (Minimum Offer Price Rule) took effect this week as FERC commissioners deadlocked on the plan. The “focused” MOPR allows resources like renewables and nuclear to be exempt from the MOPR and participate in PJM's next capacity auctions.
https://t.co/YHgjXq04O7

[Power Advisory LLC @PowerAdvisory]

Mayflower Wind, a joint venture between Royal Dutch Shell and Ocean Winds, submitted multiple bids to MA’s third offshore wind solicitation. The largest bid would connect 1,200 MW at Brayton Point and commit $81 million to its economic development.
https://t.co/At7so40mQH

[Power Advisory LLC @PowerAdvisory]

New York is also increasing its goal for the NY-Sun distributed solar program aiming for 10 GW of installed solar capacity by 2030.

[Governor Kathy Hochul @GovKathyHochul]

We’re going all-in on solar and expanding our goal to build at least 10 GW of solar by 2030. This will:

☀️create nearly 20K jobs
☀️generate $9B in private investment
☀️power nearly 1.7M homes

Thank you to @NYSERDA and the NY-Sun team for their progress & commitment.

[Power Advisory LLC @PowerAdvisory]

Two major transmission projects – Clean Path NY and Champlain Hudson Power Express – have been selected under the Tier 4 renewable energy solicitation issued by NYSERDA to bring clean energy to NYC from upstate New York and Canada. https://t.co/HJnsRixa2f

[Power Advisory LLC @PowerAdvisory]

Illinois has signed into law a clean energy bill that sets the state on path to source 50% renewable energy by 2040. It also makes changes to the electric distribution ratemaking process and keeps some nuclear sources online through subsidies.
https://t.co/c7GMajzhuZ

[Power Advisory LLC @PowerAdvisory]

New York PSC regulators ordered utilities to revise their proposals for transmission and distribution investments made to achieve the state’s environmental goals under the CLCPA to account for renewable development criteria and work with stakeholders. https://t.co/UhRmrD1fEF

[Power Advisory LLC @PowerAdvisory]

The House Energy and Commerce Committee is considering a proposed Clean Electricity Performance Program (CEPP) through the DOE to provide grants or payments to electricity suppliers increasing their percentage of clean energy margins each year. https://t.co/YhQyjmeGeY

[Power Advisory LLC @PowerAdvisory]

Plus Power filed a petition with the Massachusetts Energy Facility Board on Aug. 27th seeking approval to build its 150-MW/300-MWh Cranberry Point Energy Storage project. The project will be the largest standalone system in region. https://t.co/6oc3TlWDjb