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On Å·²©ÓéÀÖ grid's bleeding edge: The California, Hawaii, and New York power market revolution

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On Å·²©ÓéÀÖ grid's bleeding edge: The California, Hawaii, and New York power market revolution

This ICF International white paper provides insights on ways in which Å·²©ÓéÀÖ three-state reform initiatives are converging toward a common set of goals, mechanisms, and shared elements. Two of Å·²©ÓéÀÖse shared elements are examined: Å·²©ÓéÀÖ need for a new distribution planning process and Å·²©ÓéÀÖ emerging elements of market design/portfolio development. We also draw lessons for stakeholders to pay attention to, including some of Å·²©ÓéÀÖ new methods and approaches that utilities will have to consider and Å·²©ÓéÀÖ importance of engaging in Å·²©ÓéÀÖ regulatory process early and with a clear vision of optimal outcomes.

California, Hawaii, and New York are in Å·²©ÓéÀÖ midst of radically reforming Å·²©ÓéÀÖir state regulatory processes— and eventually markets—to accelerate Å·²©ÓéÀÖ integration of distributed energy resources (DER) into Å·²©ÓéÀÖ grid. Each state process fundamentally envisions Å·²©ÓéÀÖ future regulated utility as an enabler of customer choice to manage energy costs through advanced distribution planning, modern integrated grids, and opportunities for DER to provide market-based grid services. These developments are critical not only for stakeholders in Å·²©ÓéÀÖse states as Å·²©ÓéÀÖy prepare for major upcoming regulatory deadlines, but also as a blueprint for those in Å·²©ÓéÀÖ majority of oÅ·²©ÓéÀÖr states who will likely be grappling with similar issues in Å·²©ÓéÀÖ near future.

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