The U.S. Federal Energy Regulatory Commission (FERC) has followed up on a two year long initiative to take policy action on energy market barriers. As the nation's energy generation and distribution continues to modernize, energy markets must become conducive to innovation. The new rule, adopted on February 15th, opens U.S. wholesale energy markets to energy storage on equal footing with traditional power systems by properly valuing the unique benefits of energy storage.
SolBid’s Clean Energy News has followed the ITC Section 201 Solar Trade case since the initial proposal. At the time of our last discussion, the administration was in place to announce the final ruling by January 26th. Three days early, on January 23rd, the President signed the proclamation placing a tariff on imported solar cells and modules for a period of four years. The import tariff, which was implemented February 7th, is set at 30% with a 5% declining rate per year.
A report published in December 2017 by the Department of Energy outlines individual state’s commitments to modernizing their electricity grids. Modernization is crucial for utilities to integrate new, cleaner, and more efficient technologies. Due to variance in state agendas, some states are preparing better than others to modernize their electricity grids and integrate new and cost effective technologies.