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Electricity Challenge
Electricity consumers should benefit the lowest cost generation resources available, consistent with improved reliability and based on competitive procurements. By constructing generation resource portfolios that manage risks with prudent diversification, both public and private decision makers can achieve advantageous outcomes if they have, when provided current, decision ready economic information. New Energy Economics brings extensive experience creating these diverse portfolios.
New Energy Economics Solutions
Utility economists must account for competing interests and varying perspectives.
New Energy Economics acts as a catalyst to build recognition of the right questions to ask for consumers, regulators, and the utilities.
- Consumers want the best prices without shocks to their bills from volatile gas fuel costs.
- Regulators should protect consumers and achieve balance among competing values, providing lowest cost resource planning that achieves highest level of reliability.
- Energy investors want to know what risks and levels of risks are presented among various utility portfolio investment options.
Focus of Our Work
Our work includes:
- Integrated Resource Plan
- Carbon Plan / Integrated Resource Planv
- Updated Integrated Resource Plan
- Rate Case
- Fuel Cost
- Natural Gas Predetermination / CCN
Partnerships and Collaboration in State Proceedings
- Clean Energy Buyers Association
- Gridlab / Energy Futures Group
- Natural Resources Defense Council
- Renew Missouri Sierra Club
- Sierra Club
- Southern Alliance for Clean Energy
Coalition Participation
- Southeast Electricity Advocates
- Electricity Customer Alliance
- Georgia Fuel Cost Working Group
- North Carolina Business Engagement
- Southeast Market Reform Coalition
Midwest Programs
Missouri
2022 – 2025 Issues Addressed in Engagement and Proceedings
- Integrated Resource Plan
- All Source Procurement for fuel free resources like wind, solar and storage
- Supply side and production cost modeling
- Gas Price Volatility and Customer Cost Risk in natural forecast
- Demand-side management strategies
- Build out of state and regional transmission system
2025 – 2026 Pending Proceedings and Engagement
- Missouri IRP Rule Making
- Large load tariff / Clean Firm Customer Program
Kansas
2021– 2025 Issues Addressed in Engagement and Proceedings
- Integrated Resource Plan
- All Source Procurement for fuel free resources like wind, solar and storage
- Transparent use of capacity expansion and production cost modeling
- Accurate global and regional gas fuel price risks
2025 – 2026 Pending Proceedings and Engagement
- Natural gas stakeholder process and proceeding
- Large load tariff / Clean Firm Customer Program
Southeast Programs
North Carolina
2023 – 2025 Issues Addressed in Engagement and Proceedings
- Integrated Resource Plan Rule
- All Source Procurement to meet demand
- Gas Price Volatility and Customer Cost Risk
- Increase fuel free resources like renewables and storage
- Build out of state and regional transmission system
- Improve modeling and develop regional resource sharing
2025 – 2026 Pending Proceedings and Engagement
- Updated Carbon Plan / Integrated Resource Plan stakeholder process and proceeding
- Large load tariff / Clean Firm Customer Program
Georgia
5 proceedings between 2023 – 2025
Issues addressed:
- Expand All Source Procurement to meet demand
- Economic evaluation of cost risk for new gas plants
- Improve modeling to accurately evaluate economic inputs of clean energy and battery storage
- Expand regional planning and market mechanisms to improve reliability
- Reject levelized rate increases
- New customer program to develop 300 MW clean firm for existing demand and unlimited clean firm for future demand at no cost to other ratepayers
UPCOMING PROCEEDINGS 2025-2026
- Certification of up to 9.5 GW Procurement from All-Source Capacity RFP
- Fuel Case Recovery
About
New Energy Economics
We assist policy makers, utilities, and stakeholders in making informed energy decisions through non-partisan analysis within state regulatory arenas.
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Phone:
(919) 801-3558
Address:
1121 Military Cutoff Road
Suite C #205
Wilmington, NC 28405
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