amazingly, this report comes from the same Energy Department currently pushing coal bailout proposals, but that is what you get from helpless, weak leadership from this administration that will not face up either to the scientific reality of climate change or the economic reality of energy markets. FERC, the Federal Energy Regulatory Commission, has just finalized a rule for energy storage that could spur as much as 50 gigawatts of additional energy storage across the United States, and that could be a conservative estimate if renewables prices keep along those trajectories we showed before. That FERC rule on energy storage, by the way, is unanimous and bipartisan. The ISO system operators, like ISO- New England, are doing their best to remove obstacles that had kept renewables from competing fairly in capacity auctions and dispatch decisions. This is saving consumers money. It was reported by Utility Dive that during the July heat wave in New England, distributed solar, which can reduce demand during peaks, saved customers some $20 million. This is reliable stuff out in Iowa, where Midwestern is the ISO. They figured out the algorithms to treat wind as reliable baseload power, and the FERC storage rule will further enable this transition. As you can imagine, the fossil fuel industry is not letting this go without a fight. They are up to their usual political mischief to try to protect their $700 billion annual subsidy that they get from polluting for free.…
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