NewEnergyNews: ORIGINAL REPORTING: Illinois cloud computing debate could open utility rate reform

NewEnergyNews

Gleanings from the web and the world, condensed for convenience, illustrated for enlightenment, arranged for impact...

While the OFFICE of President remains in highest regard at NewEnergyNews, this administration's position on climate change makes it impossible to regard THIS president with respect. Below is the NewEnergyNews theme song until 2020.

The challenge now: To make every day Earth Day.

YESTERDAY

  • ALL-STAR GAME DAY STUDY: All Star Air Pollution Data
  • QUICK NEWS, July 17: Offshore Wind Price Competitive With Nuclear; Solar Spreading As New Energy Costs Plummet
  • THE DAY BEFORE

  • TODAY’s STUDY: Making Offshore Wind Work
  • QUICK NEWS, July 16: Baseball, Moneyball, and Climate Change; How Long Will New Energy Need NatGas?
  • THE DAY BEFORE THE DAY BEFORE

  • Weekend Video: Zero-Hour – The Youth Climate March, July 21
  • Weekend Video: The Good Of Wind Goes Beyond The Grid
  • Weekend Video: This Is Not The First Civilization To Face It
  • THE DAY BEFORE THAT

  • FRIDAY WORLD HEADLINE-Ireland First Country To Divest From Old Energy
  • FRIDAY WORLD HEADLINE-Global Corporate New Energy Buy To Be $15.6BIL by 2027
  • FRIDAY WORLD HEADLINE-Germany’s New Energy Plan
  • THE LAST DAY UP HERE

    THINGS-TO-THINK-ABOUT THURSDAY, July 12:

  • TTTA Thursday-Kavanaugh On Climate Change
  • TTTA Thursday-California Wants To Sell New Energy To The West
  • TTTA Thursday-New Energy Offers Michigan $10BIL Boost
  • --------------------------

    --------------------------

    Founding Editor Herman K. Trabish

    --------------------------

    --------------------------

    Some details about NewEnergyNews and the man behind the curtain: Herman K. Trabish, Agua Dulce, CA., Doctor with my hands, Writer with my head, Student of New Energy and Human Experience with my heart

    email: herman@NewEnergyNews.net

    -------------------

    -------------------

      A tip of the NewEnergyNews cap to Phillip Garcia for crucial assistance in the design implementation of this site. Thanks, Phillip.

    -------------------

    Pay a visit to the HARRY BOYKOFF page at Basketball Reference, sponsored by NewEnergyNews and Oil In Their Blood.

  • ---------------
  • TODAY AT NewEnergyNews, July 18:

  • ORIGINAL REPORTING: Is cap and trade the climate solution? The jury's still out
  • ORIGINAL REPORTING: Why are the newest distribution system buzzwords 'hosting capacity analysis'?

    Wednesday, December 13, 2017

    ORIGINAL REPORTING: Illinois cloud computing debate could open utility rate reform

    In Illinois, cloud computing debate could open next chapter of utility rate reform; Changes sought to the financial treatment of cloud computing could be applied to efficiency and other resources

    Herman K. Trabish, July 10, 2017 (Utility Dive)

    Editor’s note: Illinois regulators just approved this.

    A new Illinois Commerce Commission staff report recommended commissioners initiate a rulemaking on how costs for utility-scale data analytics software should be handled by the regulatory process. The staff said utilities should join their corporate peers in banking, healthcare other regulated industries by migrating their data to the cloud. Existing regulatory rules didn’t make that easy but the commissioners just ruled state regulations should be changed to allow it. The ICC’s 2016 Notice of Inquiry (NOI) proceeding revealed a strong consensus that its accounting rules had not kept pace with innovation, the staff report concluded. Regulatory accounting rules that limited utilities to earning a rate of return for on-premise software will now categorize cloud-based software in the same way and allow a return for using it. This eliminates the disincentive for utilities to invest in the new technology.

    The cloud may soon be the only place with the computing power to handle the exponentially escalating amount of data being generated by new smart technologies, according to testimony in the NOI proceeding. The U.S. now has 70 million smart meters installed in over 55% of households, according to Adam Cooper, Director of Research for the Edison Foundation Institute for Electric Innovation. Based on his research, 90 million will be deployed by the end of 2020. That is just tip of the spear. Investor-owned utilities put $32 billion into grid modernization in 2016, according to Cooper. Much of that spending was for sensors and other system monitoring and management systems that produce data that “is already creating new use cases and value opportunities.” Led by tech giants like Siemens, GE, Oracle and Amazon, a shift away from on-premise software is coming, according to Chris King, global chief regulatory officer for Siemens… click here for more

    IFTTT Recipe: Share new blog posts to Facebook connects blogger to facebook

    0 Comments:

    Post a Comment

    << Home