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“Consumers Face Greater Risk as Electric Utilities Double Down on Natural Gas” – by Nick Jones & Ivan Urlaub
New Energy Economics and Clean Energy Buyers Alliance coauthor guest column to inform how regional energy markets can lower costs for all customers and inefficiencies for companies that want access to reliable, affordable, clean energy.
UPDATE — Evergy adjusts future resource planning as a result of NEE modeling:
NEE secured Evergy’s agreement to replace its outdated modeling with software capable of capacity expansion modeling, which is a critical capability for achieving reliable modeling results that reflect the new energy economics, including the affordability and availability of renewable energy resources.
NEE supports groups asking DOE to fund market tech assistance and grant programs.
NEE board member Ron Binz testifies at the Georgia Public Service Commission and IRP in May 2022.
Georgia has been very successful in the development of solar generation, currently fifth in the country in total solar installed. Ron’s testimony addressed why the Georgia Power bid process resulted in recommendation for only new gas production. He summarized the following conclusions and recommendations:
Some of the new gas will not be needed in a “least cost” scenario.
Georgia Power needs to recharacterize solar plus storage in the planning process.
Most importantly, move to All Source Solicitation for new generation capacity and reliability.
The Georgia Public Service Commission needs to encourage or require Georgia Power to move into more regional cooperation and use of connected assets and reserve capacity in the region.
NEE board member Jennifer Chen presents solutions to fix energy transmission.