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FERC Gives NYISO the Heisman on its Renewables Plan

Peter Kelly-Detwiler's picture
Principal, NorthBridge Energy Partners, LLC

Peter Kelly-Detwiler has nearly 30 years of experience in the area of electric energy, retail power, and distributed energy assets. Mr. Kelly-Detwiler provides strategic expertise in the areas of...

  • Member since 2015
  • 120 items added with 40,285 views
  • Sep 30, 2020

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FERC rejects NYISO plan to integrate in-state renewables; PG&E shuts power to 170,000 in fire season; Italy's top bank goes negative on coal; Greece follows suit, and so does S. Korea; Nissan hits 1/2 million Leafs; Nikola in a heap of trouble

1) FERC rejects NYISO's proposed changes to capacity market in order to integrate renewables necessary for 70% clean energy goals by 2030. Echoes of PJM's MOPR just begging for state-level insurrection;

2) In Calipocalypse, PG&E began preemptive power shut-offs 9/7 and restored on 9/10, affecting nearly 172,000;

3) Italy's top bank UniCredit limits exposure to coal investments, going to zero by 2028;

4) Greece to spend nearly $6 billion to facilitate shutting of coal plants by 2028. Replacements to include 2.3 GW of solar;

5) S. Korea to close 30 coal power plants by 2034, w/10 by 2022, and rest by 2034. They'll triple solar & wind and bump EVs from 110,000 to 1.3 million;

6) Nissan's 500,000th LEAF rolled off UK production line last week;

7)Nikola & GM announced strategic partnership w/Nikola to use GMs Ultium battery system and Hydrotec fuel cell technology. Two days later, massive fraud allegations threaten entire deal.



Matt Chester's picture
Matt Chester on Sep 30, 2020

Thanks for kicking off this discussion, Peter. What's the path forward for NYISO-- is there any chance the plan may be to wait and see if a new administration comes into office and sees FERC commissioners installed that would take a different approach, or is it back to the drawing board? 

Peter Kelly-Detwiler's picture
Peter Kelly-Detwiler on Sep 30, 2020

Well, there may be some hope with the alternative approach of including carbon prices, such as the FERC is discussing today.  Or perhaps a new administration is friendlier to the approach.

Matt Chester's picture
Matt Chester on Sep 30, 2020

Good point about the discussions going on today-- did you catch the check-in on those talks from Richard Brooks posted to Energy Central?

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