Over the past year or so, a lot of states with renewable portfolio standards (RPS) have opted to double down on that policy mechanism to set a path to 100% clean electricity. However, most jurisdictions in the deep south have been reticent to pass such policies. That might change later this year, as the City of New Orleans considers passing an RPS. And that’s the crazy trick that could save customers money. Passing an RPS.
Joseph's Latest Posts
June 3, 2019 9:26 AM EDT
Nearly two-thirds of the United States’ power plants operate in competitive wholesale markets. Market rules typically prescribe that only the cheapest set of resources may run—nowadays, those are often renewable energy resources. Despite a growing trend of coal losing on cost to renewables and natural gas, coal generation remains a dominant player in many of these markets. Read more >
April 24, 2019 3:05 PM EDT
Over the past year, I have looked at the hourly operations of over one-third of the coal fleet in the US and have come to a startling conclusion: Each and every one of the coal units I have investigated have been uneconomic for at least one month. That is, the costs to operate them in a given month exceeded the revenues they earned in the energy market that same month.
Financially, most (if not all) of these coal plants would have been better off turning off.
February 26, 2019 9:45 AM EDT
Everybody wants affordable energy. Energy consumers want to be able to pay their bills and energy providers also want customers to be able to pay their energy bills. What we can’t seem to agree on is how to best measure energy affordability.
January 30, 2019 9:42 AM EDT
Carbon dioxide emissions rose in 2018, breaking a 3-year streak of year-on-year CO2 emission reductions. While many factors played a role in the emission increase, it was the country’s overreliance on natural gas-fired power plants that was the ultimate culprit for the uptick in 2018 electric sector emissions.
Looking forward, the latest data from a federal agency suggests that the electricity industry’s troubling trend to overbuild gas-fired power plants is only getting worse.