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Deployment of heat pumps is a key part of greenhouse gas reduction goals set out in the Inflation Reduction Act. In this paper, a collaboration between RAP and CLASP, the authors analyze impacts of the IRA on heat pump… View Summary +
The possibility of establishing a new capacity payment for power plants has been under debate in China for years. If well-designed and open to competing clean-energy resources, a capacity payment mechanism could be a workable part of a broad power… View Summary +
Over the past decade, Southern China has been at the forefront of the development and implementation of electricity market rules. Beginning in 2022 and continuing through July 2023, the South China Energy Regulatory Office of the National Energy Administration (国家能源局南方监管局),… View Summary +
The fossil gas price rollercoaster witnessed over the last couple of years has underlined the need to get renewables deployed at breakneck speed. At the same time we need tools to protect consumers from big price hikes. Well-designed, two-sided contracts… View Summary +
为了兑现到 2035 年实现电力行业完全脱碳的承诺,美国已经采取了一系列行动。2023年5月,美国环保署发布了温室气体排放标准提案。该标准从当下成熟的技术入手,在满足资源充足性和碳减排要求的前提下,以合理成本减少化石能源的排放。自发布后,这项温室气体排放标准提案引起了行业的广泛关注,并激发了利益相关方的激烈讨论。本篇文章从温室气体排放标准的内容出发,阐述了美国电力系统减排的最新进展以及遇到的挑战。未来,在新技术和政策法律的支持下,美国会加速向清洁低碳的电力系统转型。中美在这方面的合作有着非常广阔的前景。… View Summary +
If the video is not visible, please accept all cookies to enable the player. Financial performance incentives for regulated utilities, part of the discussion about ratemaking reform since the 1970s, have enjoyed renewed interest in the past decade. But… View Summary +
In a webinar discussion, Mark LeBel, Steve Kihm, Richard Sedano and Damali Harding highlighted a RAP paper exploring the policy, legal and financial aspects of performance incentive mechanisms and re-examined recent practices underlying cost-of-service ratemaking and the utility business… View Summary +
Part 1 of this blog highlighted the foresight of the Regional Greenhouse Gas Initiative founders. These air and energy regulators acknowledged their uncertainty as to all the effects this new program might have on electricity ratepayers, and developed an… View Summary +
When the Regional Greenhouse Gas Initiative’s program review comes around, many of us at RAP think of it as a cause for celebration. Now, that may be because we are environmental protection and administrative law nerds. View Summary +
As electrification continues to gain momentum, the implications for system reliability will be profound. Not only is demand likely to grow, but daily and seasonal patterns of energy use may shift. The Midcontinent Independent System Operator, for one, has highlighted… View Summary +