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Author: Heather O’Neill     Published: 6/27/2024   Advance Energy United

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A Note From Our CEO

This week we sent a letter to PJM calling on the grid operator to stop dragging its feet and move forward on creating a better process for building long-range transmission lines. We were joined by 27 other organizations on that letter who, despite our range of backgrounds, all agree that Federal Energy Regulatory Commission (FERC) Order No. 1920 is a can’t-miss opportunity to design a more reliable and affordable transmission system by giving states a central role in the planning process. Governors of several states served by PJM also recently called on the grid operator to come up with a plan that complies with FERC’s new rules – it’s the kind of strong political leadership that will be required to ensure all grid operators and utilities think and plan regionally when designing the transmission grid of the future.

Policy Update

Rhode Island Gov. McKee Signs Energy Storage Act into Law

Last night, Governor Daniel McKee signed the 2024 Energy Storage Systems Act into law, a landmark moment in Rhode Island’s journey to a 100% clean energy future. Led by Senator Dawn Euer and Representative Arthur Handy, the Act puts Rhode Island’s energy system in a strengthened position. United’s Kat Burnham emphasized how the bill will drive economic development and job creation for the state. Read more.>

FERC To Consider New Requirements for Transmission Providers to Use Dynamic Line Ratings

Today, FERC announced an advanced notice of a proposed rulemaking aimed at guiding transmission providers to implement Dynamic Line Ratings (DLR), a technology that determines the true, real-time capacity of a power line. Advanced Energy United joined with other clean energy business associations in filing formal comments to FERC calling for more guidance on DLR use. United’s Caitlin Marquis categorized DLRs as one of the most cost-effective tools we have for getting more out of our existing power grid infrastructure. Read more.> 

California’s Budget Deal Doesn’t Prioritize Clean Air or Grid Resiliency 

The California legislature passed a package of bills yesterday, reflecting a final budget deal reached with Governor Newsom. This agreement makes cuts of over $1 billion to critical clean energy and clean transportation programs that make our grid more resilient, improve air quality, and support good-paying, in-state jobs. United’s Edson Perez expressed concern, stating resiliency programs are critical for supporting the grid and keeping lights on during emergencies. Read more.> 

On the Blog

Webinar Examines State Roles in Transmission Planning Process

FERC’s landmark transmission planning order, Order 1920, will require changes to how America builds up its transmission system, the backbone of our electric grid. On our blog, Verna Mandez reflects on her moderation of United’s latest webinar, which explored how states can leverage FERC’s new rules to secure a more reliable and affordable transmission grid. Read more.>

Webinars

Navigating State Dynamics of FERC’s Transmission Order Part 2 (Recording)

On May 13, the Federal Energy Regulatory Commission (FERC) released a long-awaited ruling aimed at improving transmission planning processes. A follow-up discussion to our May 24 webinar about the ins and outs of the ruling, this webinar explored the implications of the FERC Order on states, addressing key impacts, potential pushback, and Advanced Energy United’s role in facilitating adaptation.  View the recording.>

United in the News

RealClear Pennsylvania: The Time to Prepare for the EV Transition in Pennsylvania is Now

In an opinion column featured in RealClear Pennsylvania, United’s Nick Bibby urges the Pennsylvania General Assembly to pass House Bill 1240, which would require utilities to plan for electric vehicle charging infrastructure to support the growing demand for EVs and protect Pennsylvania consumers. Read more.>

Capitol Weekly: California Is Ignoring a Key Solution To Soaring Rates and Blackouts

Published in Sacramento’s Capitol Weekly, this opinion column by United’s Edson Perez urges California decision-makers to stop overlooking the potential of distributed energy resources, and aggregated DERs, to meet the state’s energy needs. The column calls out specific state programs facing imminent budget cuts. Read more.>

Member News

America’s Top Greentech Companies 2024

A new statistical ranking by TIME and Statista ranked 250 of America’s top sustainability-­focused companies, based on their positive environmental impact, financial strength, and innovation, to see who is rising to the top of the field. This list includes several United member companies, including ArcadiaFervo EnergyForm Energy, LineVisionLunar Energy, and Solarcycle. Read more.>

Volkswagen Will Invest Up to $5 Billion in Rivian

The New York Times reports that Volkswagen will invest up to $5 billion in United member company Rivian as part of a joint venture to share EV architecture and technology. This partnership has the potential to foster long-term collaboration and strategic alignment, opening up new opportunities for future technological advancements and market synergies. Read more.>

In the Face of AI, Schneider is “Recalibrating” its Demand-Side Investments

Latitude Media reports that, in the face of rapid investments in artificial intelligence, United member company Schneider Electric is adjusting its investment strategies, focusing on the demand-side aspects of its business. According to Schneider Electric CTO Scott Harden, as accelerating data center electricity demand meets slow transmission buildouts and imminent decarbonization targets, scaling demand-side tech is becoming more important than ever. Read more.>

Fervo Energy Announces 320 MW Power Purchase Agreements with Southern California Edison

United member Fervo Energy recently announced the execution of two power purchase agreements, totaling 320 MW with Southern California Edison. The 15-year agreements for 24/7 carbon-free geothermal energy will provide reliable, clean, and affordable power for the equivalent of 350,000 homes across Southern California. Read more.>

Resource Innovations Acquires Cadeo

United member company Resource Innovations announced it has acquired Cadeo, a clean energy consulting firm that focuses on transforming the way energy is used, generated, and managed. The two companies will work closely to leverage the complementary capabilities of each company to drive even greater impact and results for their clients.  Read more.>

Industry Events

NARUC Summer Policy Summit, July 14-17

Join United at the NARUC (National Association of Regulatory Utility Commissioners) Summer Policy Summit in West Palm Beach, FL. The summit will focus on key issues facing utility regulation and policy in the United States. Policymakers, industry leaders, and experts will exchange ideas on fostering innovation while ensuring reliability, affordability, and sustainability in utility services. Register here.>

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