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Nevada regulators consider plan to require 1,000MW of battery storage statewide by 2030

first_img FacebookTwitterLinkedInEmailPrint分享Utility Dive:The Public Utilities Commission of Nevada (PUCN) is considering adopting a 1,000 MW statewide energy storage target for utilities for the end of 2030, crafting a proposal more than two years after the legislature passed a bill directing it to look into storage goals.The commission’s proposal would create biennial targets, beginning with 100 MW by the end of 2020 and then ramping up to 400 MW and 800 MW by 2024 and 2028, respectively. Utilities would be required to file progress updates with the commission beginning in 2022.The proposal, which was submitted to the state Legislative Counsel Bureau on Nov. 26, could be finalized sometime in early or mid-2020, according to Cameron Dyer, staff attorney with the Western Resource Advocates’ (WRA) clean energy program.Increasing its storage capacity is also critical to Nevada’s renewables goals. In April, the state legislature passed a bill requiring 50% of electricity to be generated from renewable resources by 2030, up from a 25% RPS target by 2025. The bill also sets the state on a trajectory towards being 100% carbon-free by 2050.The storage proposal was crafted through a stakeholder process that included the U.S. Energy Storage Alliance and WRA, and was submitted to the commission by NV Energy. The 1,000 MW target might have seemed ambitious in 2017, but is much more attainable today thanks to the shrinking cost of batteries and the federal Investment Tax Credit (ITC) that applies to batteries coupled with solar energy, according to Dyer.In June, NV Energy proposed to procure 590 MW of energy storage as part of an amendment to its integrated resource plan. The commission will vote on this proposal on Wednesday and, if approved, it will put the state seven years ahead of schedule on its proposed storage target. [Kavya Balaraman]More: Nevada PUC floats proposal for 1,000 MW storage target by 2030 Nevada regulators consider plan to require 1,000MW of battery storage statewide by 2030last_img read more


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What credit unions are learning from Venmo and Zelle

first_img continue reading » The other day, I heard from a woman who is completely frustrated with her banking experience. She has one account at her local bank and another at a global institution. While she loves the neighborhood feel and personalization of the smaller bank, she was quick to point out the disparity of mobile features between the institutions. One provided her the ability to make her car payment, pay her cable bill and send money to her daughter’s account at another bank using Zelle. The other, a smaller institution, offered little in terms of these convenient features. As a result, she wastes a lot of time navigating between these two banks. If her local bank offered better digital services, she said she’d be happy to give up the other account.Her complaint is emblematic of the challenge facing smaller banks and credit unions: Consumers want to bank local but can’t bring themselves to sacrifice the convenience of full-service digital banking. This disconnect between consumer desire and the type of banking experience smaller institutions can afford to provide poses an existential threat to regional banks and credit unions. ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more


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The Weekend Starts Here PODCAST – May 6/7, 2017

first_imgThe best of Saturday Starts Here, and Sunday Starts Here with Tom Rennie and guests.Expect lively reaction to the weekend’s action, plus all the regular features, including “I’ll Chant To Anything” and the weekly pub quiz.last_img