Tackling the perverse incentive: Utilities need new cost recovery mechanisms for new technologies; Utilities find groundwater contamination, radioactivity at unlined coal ash sites; SDG&E seeks 166 MW energy storage for emergency response sites; PSEG, Exelon cancel capital projects at Salem nuke after legislation stalls
The utility said it will have the nuclear plant decommissioned and the site overhauled by 2075, but a deal to sell the plant to NorthStar Group Services Corp. could achieve those goals by 2030.
If utility regulators change key accounting rules, utilities could ratebase contracted cloud computing and DER services, cut customer costs and benefit stakeholders.
The reliability and efficiency projects were shelved after a bill to financially support the state's struggling nuclear plants was shelved last month. A similar decision may be in the works at PSEG's Hope Creek plant.
Rocky Mountain Institute experts identify price, data and interconnection as the keys to success for the utility of the future, whether it's an expanded monopoly or a distribution system platform.
More than ever before, customers are demanding insight that will give them more control over their utility bills. Learn how analytics are helping utilities meet customer demands.
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