Category Archives: Zero-Emissions Credits (ZECs)

CPES Policy Committee Update: February 13, 2018

This update features policy, regulatory, legislative, and regional developments in Connecticut and New England. The policy updates are compiled by the CPES New Energy Professionals Team. If you are interested in learning more about the New Energy Professionals, the Policy Committee, or if you have ideas for future policy updates, we would welcome your input and feedback. Please send comments to Kathryn Dube, CPES Executive Director, via email: kdube@ctpower.org.

In this Update:

  • ISO’s Forward Capacity Auction
  • CT’s Net Metering Program
  • Energy and Technology Committee Information
  • PURA Docket No. 18-02-02:  Annual Reconciliation of the Conservation Adjustment Mechanisms

REGIONAL AND INDUSTRY DEVELOPMENTS

ISO’S FORWARD CAPACITY AUCTION
New England’s annual capacity auction for power system resources concluded Tuesday with sufficient resources to meet peak demand in 2021-2022, and preliminary results indicate the clearing price was the lowest in five years due to a surplus of capacity in the region. The auction is run by ISO New England Inc. to procure the resources that will be needed to meet consumer demand for electricity in three years. Finalized auction results, with resource-specific information, will be filed with FERC by the end of this month.  ISO’s press release with more information is available here.

CONNECTICUT

NET METERING PROGRAM
DEEP recommendation to revise and phase out Connecticut’s net metering program has been met with opposition.

 

2018 CONNECTICUT LEGISLATIVE SESSION
The 2018 Regular Session of the Connecticut General Assembly convened on February 7, 2018.  Information about the Energy and Technology Committee is available here. The committee’s bill record book is available here. 

PURA DOCKETS
On February 1, 2018, PURA established the following docket: Docket No. 18-02-02:  Annual Reconciliation of the Conservation Adjustment Mechanisms filed by: The Connecticut Light and Power Company, the United Illuminating Company, Connecticut Natural Gas Corporation, the Southern Connecticut Gas Company and Yankee Gas Services Company 

 

CPES Policy Committee Update: August 9, 2016

This update features policy, regulatory, legislative, and regional developments in Connecticut and New England. The policy updates are compiled by a team recently formed with support from CPES, known as the New Energy Professionals. If you are interested in learning more about the New Energy Professionals, the Policy Committee, or if you have ideas for future policy updates, we would welcome your input and feedback. Please send comments to Paul Brady, CPES Executive Director, via email: pbrady@ctpower.org.

This week’s features:

  • PURA looking to issue new regulations on the Renewable Portfolio Standard
  • NY PSC approves new REC and ZEC requirements
  • Energy bill passes in MA seeking to diversify generation

 

Connecticut Public Utilities Regulatory Authority

RPS Docket Opened

The Public Utilities Regulatory Authority (PURA) has opened a docket aimed at issuing new regulations regarding the Renewable Portfolio Standard (“RPS”) certification and compliance process. According to PURA’s recently opened docket notification, the new regulations “will (A) revise Conn. Agencies Regs. §16-245a-1 (annual RPS compliance by load serving entities); (B) revise Conn. Agencies Regs. §16-245a-2 (application for qualification Class I, II and III renewable energy facilities); and (C) develop rules and disclosure forms for voluntary green products.”  Any regulations promulgated by PURA must ultimately pass legislative review before being made final. The docket, Docket No. 16-08-23 – PURA Promulgation of Regulations Concerning RPS and Voluntary Green Products is available by clicking here.

 

Regional & Industry Developments

New York Approves 50% Renewable by 2030

On August 1, 2016, the New York Public Service Commission (PSC) issued an order approving the state’s Clean Energy Standard, requiring electricity providers in New York to obtain a targeted number of renewable energy credits (RECs) from renewable energy sources and zero-emissions credits (ZECs) from nuclear energy sources each year. In the order, the PSC adopted the 2015 State Energy Plan goal that 50% of New York’s electricity is to be generated by renewable sources by 2030.

For more information, see the PSC’s final order here.

 

Legislative Affairs

MASSACHUSETTS LEGISLATION:

The 2015-2016 Massachusetts formal session ended on July 31, 2016.  The 2017-2018 Massachusetts session begins January 4, 2017.

On July 31, 2016, the following bill passed both chambers that may be of interest to you:

Information about the Joint Committee on Telecommunications, Utilities and Energy, including hearings and bills in committee, is available at: https://malegislature.gov/Committees/Joint/J37

 

CONNECTICUT LEGISLATION:

The 2016 Connecticut regular session ended on May 4, 2016.  The 2017 Connecticut regular session begins January 4, 2017.

Information about the Energy and Technology Committee, including committee meetings and public hearings, is available at: https://www.cga.ct.gov/et/