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With 1 in 7 families forced to choose between their grocery bill or their electric bill, our new article highlights performance incentive mechanisms (PIMs) that regulators are deploying to relieve energy burdens and fight energy poverty. Read on:

“Climate players should care about utility ROEs because utilities currently emit 30 percent of total carbon emissions and will either resist or facilitate the energy transition.”. @electronecon and @RFoelske dive into energy $ dynamics for #EarthDay2024.

RT @RockyMtnInst: Enabling power to flow between states in the West could drive investment to states and communities and savings to the poc….

RT @TylerFarrell330: The western US is on the cusp of two multi-billion-dollar economic opportunities that rely on one thing: more regional….

In the Western US, a major economic opportunity relies on one thing: more power lines. By working together to connect the Western grid, states could access future energy investments valued at over $45B/year & save 30% on costs to meet #CleanEnergy goals.

It’s crunch time for rural electric co-ops. To help them make the most of federal programs & incentives, we created a Co-op Federal Funding Calculator they can use to chart winning scenarios for their members. Check it out & share it w/ the right folks:.

RT @RockyMtnInst: The move to #ElectrifyEverything is crucial for our climate goals. 🌍. How can our grid support it? Through demand respons….

These near-term solutions can not only unlock new clean energy, but also save customers billions. Utilities and policymakers don’t have time to waste in ensuring these technologies can scale.

Technologies & upgrades that increase the capacity of existing transmission lines, including grid-enhancing technologies & advanced conductors, can help bring more clean energy online faster, at a lower cost compared to standard upgrades.

As new loads come online, it’s critical to integrate them into #VirtualPowerPlants so that they can provide grid reliability services and relieve distribution systems – reducing the investment needed to support load growth and keeping bills affordable.

As the world faces an increasing need to power more things & new energy projects are backlogged, alarm bells are going off for the electric sector. We’re here to say that we have solutions to meet surging demand while keeping climate progress on track🧵

Our new report, Planning to Harness the IRA, is a field guide for regulators navigating the #inflationreductionact, designed to meet you where you are. It has answers to your questions, and even some questions if you don’t know where to start. Read on:.

Our first Regulatory Collaborative explored how IRPs can optimize benefits from the #InflationReductionAct in a constructive, trusted space. This year, Reg Lab 2.0 explores near-term responses to potential load growth. Learn more here #NARUCWinter24: .

RT @christiantfong: Virtual power plants and clean repowering and performance incentive mechanisms oh my!

In addition to these no-regrets actions, regulators can also revisit long-standing practices to ensure they reflect the IRA landscape. New report from RMI benchmarks how resource plans will need to change to remain useful & accurate planning tools ⬇️

5) IRA provided unprecedented incentives for new flexible loads – from heat pumps to EVs. Designing & enrolling them into #VirtualPowerPlants can provide critical reliability services & distribution relief to the grid. Policy principles for enabling VPPs:.

4) Regulators can create customer savings by requiring 'economic dispatch’ – ensuring that cheaper, clean resources are prioritized, rather than letting utilities run coal plants when it's uneconomic to do so. Data on uneconomic dispatch & rate impacts ⬇️.

3) Clean repowering, or siting #CleanEnergy projects at existing/retiring fossil fuel sites to expedite interconnection, can enable 250 GW of new clean capacity. Regulators can evaluate these interconnection shortcuts, which can be powered w/ IRA funding.