Note from the editor Some takes age well, others not so much.
Last year at the Edison Electric Institute’s annual convention, I reported that with the Clean Power Plan on ice, utility executives would take on reforms of wholesale power markets to save their baseload plants.
A year later, that push is in full swing. Nuclear supports are in place in New York and Illinois and under consideration in three other states. And in Ohio, lawmakers are considering subsidies for OVEC coal plants after years of regulatory tussling over financial supports.
The federal government is poised to weigh in as well. The Department of Energy will release its review of baseload generation on June 26, and Secretary Perry has indicated it could lead to the preemption of state clean energy policies.
How are the nation’s utility executives shaping the future of power markets and baseload generation? That’s what I’ll be looking into at this year’s convention in Boston (unless, of course, a new narrative presents itself).
Got something to say on the topic? Give me a shout at the email below.
Gavin Bade
Editor, Utility Dive
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Feature Story An EY survey says 59% of power and utility CEOs expect to pursue an M&A deal this year. |
Details of the CPP rollback remain unknown, but submission to the Office of Management and Budget means the plan could be public in a matter of weeks. |
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A report from the Center for Energy Studies finds retail residential rates are approaching the wholesale price, indicating utilities are working to cut costs. |
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What We're Reading | Charlotte Business Journal |
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