Ascend Analytics’ Post

Join us to learn Ascend's perspective on the Western Electricity Coordinating Council (WECC) evolving power market and its impact on the Western Interconnection.

🔈 On July 9th, our WECC team will be hosting a public webinar covering the PacifiCorp Integrated Resource Plan Update that was released on April 1st, 2024 as an update to its 2023 IRP. We'll be exploring PacifiCorp's response to the new policy environment and its effect on our Mid-Columbia price forecast.   Key topics we will cover in the session include: 👉 How the regulatory environment is changing in the western United States 👉 What these changes mean for the future of solar and storage development in the West 👉 How the role of thermal generation will evolve in the coming decades 👉 What impact recent events have had on the price outlook in the WECC Register here: https://lnkd.in/g_5bQ8Bd #WECC #PacifiCorp #AuroraNORAM #AuroraEnergyResearch Catharina Clark Tomas Nergaard George Prassas

We get asked about charges to residents for heat delivered via Heat Networks with increasing frequency; here’s an update from my colleague Richard Brooks regarding control and regulation of Heat Networks under the new Energy Act 2023

Energy sector can be difficult to understand even if you are inside the eco-system. With our annual report for 2023, which is our first full year report, we have tried to describe the complexity in a simple way. Why because we want the society to understand what we are doing and emphasise that if you work at Nordic RCC we do a difference – bridging Nordic Power Systems to enable the green energy transition by digitalizing. #GreenEnergyTransition #Digitalization #NordicRCC #Sustainability

Is it time for loss factors reform? The National Electricity Rules treatment of distribution loss factors (DLFs) has not been updated for over twenty years. Much has changed in electricity networks since then – why not DLFs? Let’s chat! See you at my poster presentation at the Energy Networks Australia 2024 conference in Adelaide. https://lnkd.in/g2gFPeCr   #EN2024 #poweringthefuture

⚡ The future of Europe’s #EnergyTransition depends on ensuring that all #ZeroEmission buildings can rely on #CarbonFree and reliable #electricity from the #grid in achieving accelerated levels of #decarbonisation and #electrification, therefore guaranteeing that the EU’s ambitious long-term climate goals can be met. Read our Joint Statement now ➡️ https://shorturl.at/ehn38

A great post from George Martin Long Duration Energy Storage (LDES) is a critical piece of the Energy Transition puzzle if we are to fully harness the benefits of renewables as they come online. Being able to store that excess energy for later use will become even more critical as more renewables come on line.

IEEFA's analysis of a year ago, 17 November 2022! "Overall, the challenges the power sector experiences today emanate from the increasing focus on imported fossil-fuel-based development, alongside the quest for power sector security instead of energy security. The addition of power generation capacity, irrespective of a rational assessment of demand, continues to result in a high level of surplus capacity." "As fiscal pressures mount due to decreasing foreign currency reserves, cost-competitive renewable energy options such as rooftop solar and utility-scale solar power systems are better suited to shore up capacity in the national grid. This would help meet the goals of enhancing energy security and affordability. In addition, it would help relieve fiscal burden on the energy and power sectors. Moreover, surplus capacity in the sector would allow flexibility in operation with the increasing share of renewable energy." https://lnkd.in/gkceNFfP

Buildings can be truly zero-emissions only through the electricity grid ⚡ The definition of zero-emission building (ZEB) included in the proposal of the European Commission and the European Parliament, however, does not recognise the pivotal role of electricity grids in decarbonising the 🇪🇺's building stock. 📢 We call on policymakers to support the Council’s version of the text in trilogue negotiations and to further ensure that the vital role of the electricity grids is properly reflected in this file. Excluding the use of decarbonised electricity supplied via the grids will be counterproductive for the energy transition in several major areas such as: - Decarbonisation and electrification - Energy security, resilience and reliability - Affordable energy for consumers - Incentivising faster grid decarbonisation Learn more from our Joint Statement: https://lnkd.in/egta76Ga AVERE - The European Association for Electromobility | E.DSO | European Heat Pump Association | smartEn Smart Energy Europe | WindEurope | Ivan-Asen H. Ivanov #electricity #decarbonisation #electrification

Understanding the importance of clean energy from the grid is crucial to help Europe reduce carbon emissions. The current definition of zero-emission buildings (ZEB) proposed by the European Commission and the European Parliament does not acknowledge the contribution of electricity grids in reducing carbon emissions across EU's buildings. 👇