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The regulatory system that governs U.S. electric utilities is 130 years old—while our power grid is rapidly modernizing. Utility regulators need a tool that can facilitate reform to keep pace with this change. One tool they are increasingly exploring: performance-based… View Summary +
This report, the first of three volumes of Next-Generation Performance-Based Regulation: Emphasizing Utility Performance to Unleash Power Sector Innovation, examines the concept of performance-based regulation (PBR) and how it can provide a framework to connect goals, targets, and measures to… View Summary +
This report, the second of three volumes of Next-Generation Performance-Based Regulation: Emphasizing Utility Performance to Unleash Power Sector Innovation, focuses on best practices for design, development, and implementation of performance-based regulation mechanisms. It begins by laying the groundwork for understanding… View Summary +
This report, the final of three volumes of Next-Generation Performance-Based Regulation: Emphasizing Utility Performance to Unleash Power Sector Innovation, focuses on how performance-based regulation (PBR) can be used to navigate an era of rapid technological change in the power sector. View Summary +
This paper was written to assist the Public Service Commission of Arkansas as it seeks to remove barriers to entry for aggregators of distributed energy resources (DERs), encourage customer participation—the key to the success of DERs —and incentivize utility cooperation… View Summary +
Traditional “cost-of-service” regulation, where the rate of return is set on rate base, gives utilities incentives to invest in additional infrastructure to increase their own revenues, even when less expensive options are available to meet customers’ needs. The adoption of… View Summary +
The power sector’s shift from large, inflexible generation to smaller, more dispersed variable renewable resources has triggered a debate among some U.S. policymakers about reliability and the continued need for baseload power plants, such as coal and nuclear. Yet numerous… View Summary +
Advanced technologies are unleashing the potential for change in power sectors around the globe, transforming the way electricity is generated, delivered, and consumed. These changes hold great promise for a better, cleaner, more reliable, and lower cost future. Whether the… View Summary +
If the video is not visible, please accept all cookies to enable the player. Advanced technologies are unleashing the potential for change in power sectors around the globe, transforming the way electricity is generated, delivered, and consumed. These changes… View Summary +
If the video is not visible, please accept all cookies to enable the player. Advanced technologies are unleashing the potential for change in power sectors around the globe, transforming the way electricity is generated, delivered, and consumed. These changes… View Summary +