POV: Power Breakfast

Power Breakfast for Jan. 5, 2015

Top electricity stories of 2014; Most ambitious energy, climate policy year on tap; "Watershed" utility case begins today


POV: Power Breakfast

A nearly daily round-up of news for your consideration:

  • Falling oil prices, growing energy storage, and solar companies morphing into energy companies and the potential financial impact on utilities dominated the top electricity stories of 2014, according to Forbes.
  • This should be one of the most ambitious years in energy and climate policy in decades, Politico writes, “from a president who is free to act with no more elections to face, no further concern over protecting the Senate’s moderate Democrats, and not much chance of compromise on these issues with the GOP-held Congress.”
  • New Mexico energy regulators today will begin what some are calling a “watershed utility case” in considering a proposal to close two generating units at one coal-fired power plant and replacing the lost power with a mix of coal from another unit, nuclear power from Arizona, a new natural gas-fired plant and more solar generating stations. The Associated Press reports the proposal is aimed at cutting haze-causing emissions while keeping customers’ rates reasonable.
  • Most states are on track to meet higher renewable energy portfolio standards that kick in this year, the AP says, but some utilities are falling short of meeting diversity requirements.
  • Federally-funded electric vehicle charging stations meant to ease consumer concerns about the limited range of EV batteries are largely going unused. Most EV owners prefer to plug in their vehicles at home, the AP writes, leading officials to reconsider the number and location of the chargers.

 

 

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