E. Leon Jacobs, Jr. is familiar with the National Association of Regulatory Utility Commissioners (NARUC). When Jacobs was Chair of the Florida Public Service Commission (FPSC) he served on the Board of Directors of NARUC, chaired NARUC’s Consumer Affairs Committee, and chaired NARUC’s Y2K Ad-Hoc Task Force. So when NARUC came out with a statement about FERC Order 1920 that did not paint a rosy picture, Jacobs, now president of SACE’s Board of Directors, decided to weigh in. He sent NARUC Chair Julie Fedorchak a letter to express support for Order 1920 “because of the positive impact it can have on Florida and the rest of the Southeast.”
FERC Order 1920 institutes key guidelines for how regions like the Southeast should be evaluating transmission solutions to reduce costs and improve reliability as the electricity sector transitions to clean energy resources.
At a time where all areas of the country are faced with rising costs, shifting generation resources, erosions of the reliability of traditional generating fleets, and increased extreme weather, it is of the utmost importance that state Commissions and FERC focus on avenues to reduce costs and improve reliability. Strategic transmission projects, at the regional level, where the benefits are obvious, will be key at this time. ~ E. Leon Jacobs, Jr. in a letter to NARUC on May 28, 2024
Regional entities engaged in transmission planning include the Florida Reliability Coordinating Council (FRCC), the Southeastern Regional Transmission Planning (SERTP) process, and the South Carolina Regional Transmission Planning (SCRTP) process. Over the course of the next year or so, these entities and the utilities that run them will update planning processes and file an updated process with FERC.
FERC Order 1920 presents an opportunity for Commissions to take a closer look at the potential for regional transmission projects to lower costs and improve reliability for customers in their states. The Order, and the revised transmission planning process we expect to come after it, adds another tool to the utility’s resource planning toolbox. I write because I am optimistic for the positive impact FERC Order 1920 and its implementation can have on electric utility customers across the Southeast as we face increasingly uncertain times. ~ E. Leon Jacobs, Jr. in a letter to NARUC on May 28, 2024
We commend SACE Board President Leon Jacobs for weighing in to highlight that FERC Order 1920 can be incredibly beneficial to the Southeast. SACE will continue to work toward responsible grid planning to improve the reliability and affordability of the grid as we transition to clean energy.
The post Former Commissioner: FERC’s Transmission Rule will Benefit the Southeast appeared first on SACE | Southern Alliance for Clean Energy.
Former Commissioner: FERC’s Transmission Rule will Benefit the Southeast
Renewable Energy
ACORE Statement on Treasury’s Safe Harbor Guidance
ACORE Statement on Treasury’s Safe Harbor Guidance
Statement from American Council on Renewable Energy (ACORE) President and CEO Ray Long on Treasury’s Safe Harbor Guidance:
“The American Council on Renewable Energy (ACORE) is deeply concerned that today’s Treasury guidance on the long-standing ‘beginning of construction’ safe harbor significantly undermines its proven effectiveness, is inconsistent with the law, and creates unnecessary uncertainty for renewable energy development in the United States.
“For over a decade, the safe harbor provisions have served as clear, accountable rules of the road – helping to reduce compliance burdens, foster private investment, and ensure taxpayer protections. These guardrails have been integral to delivering affordable, reliable American clean energy while maintaining transparency and adherence to the rule of law. This was recognized in the One Big Beautiful Act, which codified the safe harbor rules, now changed by this action.
“We need to build more power generation now, and that includes renewable energy. The U.S. will need roughly 118 gigawatts (the equivalent of 12 New York Cities) of new power generation in the next four years to prevent price spikes and potential shortages. Only a limited set of technologies – solar, wind, batteries, and some natural gas – can be built at that scale in that timeframe.”
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ABOUT ACORE
For over 20 years, the American Council on Renewable Energy (ACORE) has been the nation’s leading voice on the issues most essential to clean energy expansion. ACORE unites finance, policy, and technology to accelerate the transition to a clean energy economy. For more information, please visit http://www.acore.org.
Media Contacts:
Stephanie Genco
Senior Vice President, Communications
American Council on Renewable Energy
genco@acore.org
The post ACORE Statement on Treasury’s Safe Harbor Guidance appeared first on ACORE.
https://acore.org/news/acore-statement-on-treasurys-safe-harbor-guidance/
Renewable Energy
Should I Get a Solar Battery Storage System?
Renewable Energy
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