Energy & Power - Business Research Insights’ Post

Transparency: Honesty should come as a given … but that’s often not the case in the energy industry. We think it’s worth pointing out how transparent we are about who we are, how we work, and what we gain. 🌐 https://lnkd.in/e-firwpg #BusinessEnergy

Exciting News! We’ve added two new FAQ sections to the Midgard website to support your understanding of key energy topics: 🔹 Regulatory Work in the Energy Sector – covering everything from utility regulation to Performance-Based Regulation and the British Columbia Utilities Commission. 🔹 Interconnection Process – answering your questions on interconnecting to the grid, from application requirements to timelines and technical standards. Whether you’re navigating regulatory landscapes or exploring interconnection options, these FAQs are designed to provide you with essential insights. Check out the Regulatory FAQ here: https://lnkd.in/ggFa-x65 and the Interconnection FAQ here: https://lnkd.in/gbKCRwfP #EnergyIndustry #GridInterconnection #UtilityRegulation #EnergyInsights #MidgardConsulting

Although #InterconnectionWeek is sunsetting, the challenge of cost-effectively meeting America’s energy demand remains. Thank you again to the Federal Energy Regulatory Commission for hosting this week's workshop and the opportunity to discuss interconnection reform. We will continue to shed light on what’s needed to speed up the deployment of #CleanEnergy solutions. Read the reforms we're calling for in our most recent report: https://hubs.ly/Q02PJF_V0

A guide to utility resource plans aims to help state regulators and others engage effectively with utilities in reviewing the plans, which have often been challenged for limiting solar and storage in projections of new generating capacity needed. #Markets #MarketsPolicy #Policy

Delays between an application for grid connection and a plant going online are not just a function of slow interconnection processes. As LBNL has documented, equally important factors for delays are permitting and community opposition: https://lnkd.in/eS_Gi9fV This means there are probably 100 GW of projects with completed grid interconnection agreements that are delayed for other reasons. In PJM alone that number exceeded 40 GW a year ago: https://lnkd.in/eH4Uw4gw To mitigate the delays in generation development thus requires a multi-faceted approach that includes (1) improve generator interconnection processes (as grid operators are trying to do); (2) streamline permitting processes (as states such as CA, NY, and MA are working on); and (3) improve community engagement. Recommendations on the first item are posted here: https://lnkd.in/evYKdbpy

An interesting article in the The New York Times discusses some huge changes to the way U.S. power lines are planned and funded...   The Federal Energy Regulatory Commission (FERC) has enacted Order No. 2023, a major overhaul of the U.S. electric grid's interconnection procedures. This rule aims to address significant delays in connecting new energy projects to the grid by introducing a "first-ready, first-served" approach, requiring developers to secure financing and land rights before joining the queue, and imposing financial penalties on grid operators for missed deadlines.   This reform is crucial for advancing the clean energy transition and ensuring grid reliability. It comes in response to the growing backlog of interconnection requests, driven by the surge in renewable energy projects. By streamlining the process, FERC's new rule will hopefully help bring more wind, solar, and battery storage projects online faster.   Despite its positive impact, the rule faces opposition from some regional transmission organizations (RTOs) and utilities, which have raised concerns and sought legal challenges. However, the overall consensus is that this is a necessary step towards a more efficient and sustainable power grid.   Read the full story in the comments below.   #Sustainability #Energy #Solar #Wind

🌟 Exciting Times Ahead for Energy Developers! As Sylvia Levya Martinez of Wood Mackenzie rightly pointed out, the anticipated interconnection and transmission reform is a beacon of hope for many in the energy sector. The lack of transparency regarding network upgrade costs and timelines has been a significant hurdle, making it extremely difficult for developers to plan and execute projects effectively. There’s a need for enhanced transparency, reduced costs, and shortened timelines, all critical factors for the success of any project. Let’s discuss how these changes could impact our projects and strategies moving forward in the comments below ⬇️ You can watch the rest of this webinar here: https://hubs.ly/Q02vB65N0 #EnergySector #InterconnectionReform #NetworkTransparency #ProjectDevelopment #IndustryInsights

In 2022, 400+ GW of storage were estimated to be waiting in U.S. interconnection queues — a number that Federal Energy Regulatory Commission now estimates is more than twice that amount. Grid-scale batteries make up much of the new capacity stuck behind roadblocks. With continued low project completion rates, proposals for storage will need regulatory reform, well-vetted grid integration studies, and thorough integration with balance-of-system components to support the country’s energy transition over the next decade. Find out how to surmount key regulatory challenges and support the momentum of your interconnection project here: https://lnkd.in/geGdZMG3 Timothy Morse, Ryan Spray, Michael Barry, Craig M. Steigerwalt #Exponent #WhatCanWeHelpYouSolve #EnvironmentAndSustainability #CapitalProjects #Utilities #BESS

If you want some insight into what the new Trump administration might mean for the energy markets, we have the perfect 10 minute read. Grab a coffee and read Sami Siddiqui's insight into what the man in the red hat has been up to and what it could mean for energy supply and therefore markets. You will definitely be smarter at the end of this one. Find it here: https://lnkd.in/eCn4giFE #energymarketupdate #energyequity #USEnergy #NetZeroUK #trumpadministration

The Federal Energy Regulatory Commission (FERC) is expected to issue a final rule on regional transmission planning and cost allocation that's potentially one of the most important regulatory decisions in our lifetimes. Affordable, reliable, and #CleanEnergy depends on #transmission. Join us Thursday, May 2 at 1pm ET to discuss the rule and next steps. ⤵️ https://lnkd.in/esJUqi3z