Renewable Energy

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New York State Gears Up For Critical Fight Over Renewable Siting

On February 21st, 2020, New York Governor Cuomo announced a 30-day budget amendment that would “dramatically speed up the permitting and construction of renewable energy projects.” The Accelerated Renewable Energy Growth and Community Benefit Act at this stage has two main mechanisms. The first is to effectively bypass the burdensome Article 10 Permitting Process by […]

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Pennsylvania Governor Pushes to Join RGGI

Pennsylvania makes strides towards joining regional carbon cap-and-trade program On October 3, 2019, Pennsylvania Governor Tom Wolf (D) issued an executive order directing the state’s Department of Environmental Protection (DEP) to develop a proposal to limit power sector carbon emissions consistent with the Regional Greenhouse Gas Initiative (RGGI), a multi-state cap-and-trade program intended to reduce […]

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New York Carbon Emissions Set to Rise in the Wake of Indian Point Retirement

EVA has modeled the impact of the retirement of Entergy’s Indian Point nuclear plant and found that in the near term, power sector carbon emissions will increase as the lost nuclear generation is replaced with natural gas generation.  Further, the retirement will increase the cost to comply with the state’s recently updated Clean Energy Standard […]

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Newly-Introduced Illinois Bill Seeks to Repeal Exelon Nuclear Subsidies

A bipartisan bill (H.B. 3987) filed by two Illinois state representatives on December 9 would effectively repeal a subsidy that Exelon receives via the sale of Zero Emission Credits (ZEC) by granting an exception to customers of electric utilities that serve more than three million retail customers in the state. If the bill is signed […]

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Can New York Build Renewables Fast Enough to Comply with Renewable Targets? Not Without Reforms.

During the summer of 2019 New York State passed the nation’s most stringent energy law in the form of the Climate Leadership and Community Protection Act (“CLCPA”). The law, which EVA analyzed in a recent special report, requires 70% of all electricity sales to be sourced from renewables by 2030, 100% of electricity from carbon-free […]

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Forbes ranks EVA Among Top Energy Consulting firms in 2019

In its annual ranking of management consulting companies, Forbes ranked EVA as one of the leading firms in the Energy and Environment category. The rankings are based on surveys of more than 7,500 partner or executive level consultants and more than 1,000 senior executives who have worked with firms in the consulting industry. EVA is honored […]

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Gas and Coal Burn Sensitivity Outlook: PJM Spotlight

EVA’s monthly Gas & Coal Price Sensitivity Outlook shows that December gas burn actualized at 23.9, bringing the annual 2018 gas burn to roughly 29 BCFD—a record high. Coal burn declined YoY, falling to around 637 million tons in 2018. Only four years ago coal burn was above 800 million tons, highlighting how retirements and […]

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ERCOT Price Reforms to Curtail Retirements and Incentivize Distributed Generation Investment

Executive Summary In an effort to increase resilience ahead of summer 2019 the Texas Public Utility Commission has approved reforms that will increase prices during high-demand periods in the Electric Reliability Council of Texas (ERCOT) region. The reforms are expected to incentivize generators to defer retirement, while also sending price signals to customers to curtail […]

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