Hawaii’s Bold Step Into Utility Performance-Based Ratemaking
The first-of-its-kind structure will replace capex imperatives with a formula to hold customer bills in check — and reward HECO for beating renewable energy and other key targets.
I spend a large part of Wednesdays at the NM Public Regulation Commission Zoom meetings and also read material from a five day a week newsletter on Clean Energy and the Electric Utility Industry.
Here are some highlights as not all of the three to five articles in each newsletter are likely to be of interest.
I include the Title of the article and then the web link, so if the title does not get your interest, let it go.
George Richmond
Batteries and hybrid renewables-plus-storage projects will be a massive grid resource. Transmission grids and energy markets will need to adapt.
The first-of-its-kind structure will replace capex imperatives with a formula to hold customer bills in check — and reward HECO for beating renewable energy and other key targets.
Widespread power plant failures spur calls for better weatherization and an examination of bulk power market structures.
New Mexico does not have this problem as the Utilities learned from the 2011 weather issue.
Climate-change-proofing the grid will require expanding and hardening natural gas networks or building redundancy into a renewables-rich grid.
I hope that the TX natural gas producers weatherize their
production of gas, but if not done, then the natural gas
needed in NM will have to come from NM sources.
-- George M. Richmond 152 Juniper Hill Road, NE Albuquerque, NM 87122-1913 C: 505-280-2105 E: geomrich1@comcast.net