Grid-Stabilizing Parts of the ITC Spared, For Now

Grid-Stabilizing Parts of the ITC Spared, For Now

At the close of my Rant last week, Avoiding a Downshift Tailspin with the ITC On Storage, I suggested the Senate spare the investment tax credit (ITC) for electric and thermal energy storage in its version of the One Big Beautiful Bill (OBBB). Canceling the ITC for...
Electric Ratemaking Basics and Load Flex

Electric Ratemaking Basics and Load Flex

In the last two Rant posts, we explored dated benefit-cost tests for energy efficiency and demand response programs and introduced flaws with dated ratemaking schemes. Both constructs are based on a century-old “cost of service” business model for monopolistic...
Four Steps for Energy Transition

Four Steps for Energy Transition

I spent last week in California, where the energy transition is being jammed at a breakneck pace like a square peg in a round hole. I’ll set the stage with just a few things. First, the duck curve, a feature of excessive solar generation that began overgenerating a...
Electric Utility 2050

Electric Utility 2050

As we prepare to take our energy storage solutions to market, I gathered recent news reports, analyzed them all, and came to some conclusions. I concluded that utilities, and especially regulators, need to think differently. What got us here – constant load growth and...
Answer: Avoided Cost – What’s the Question?

Answer: Avoided Cost – What’s the Question?

“Can I ask a question?” My response to that, in good company, is, “You just did. Would you like another chance?” Now that, my friends, is a paradox. As you ought to know, I’m preparing a mind-blowing three-hour course on decarbonization for AESP’s Spring Training. One...