Utility Dive•about 1 month ago
4 affordability solutions states and utilities can implement now
Key Takeaway
States and utilities are being pushed to enact policy and market reforms that could significantly lower electricity costs, directly impacting project economics for developers and operational expenses for large power consumers.
AI Summary
- •States and utilities are urged to implement immediate and long-term policy and regulatory reforms to drive electricity cost savings.
- •These reforms aim to reduce electricity costs, directly impacting PPA negotiations for developers and operational expenses for large power consumers.
- •The article likely outlines specific policy levers (e.g., demand-side management, transmission upgrades, market design changes) that could create a more favorable environment for project development and lower energy bills.
Topics
capacity-marketdatacenterfercinterconnectirapolicyppatransmission
Article Content
States can take steps to drive electricity cost savings more quickly as well as pursue long-term reform, write Allison Clements, a former member of the Federal Energy Regulatory Commission, and Lori Bird of the WRI Polsky Energy Center.