News - Power Sector Competitiveness
A new Nicholas Institute report outlines state competitiveness policies that broaden market participation and realign utility incentives to better address challenges facing the power sector in the southeastern United States. Analysis conducted for the report utilizes data from the Southeast Power Sector Competitiveness Dashboard, which evaluates 12 states in the region across 15 policy indicators.
Price responsiveness informs utility forecasts of load growth and peak demand, regulatory evaluations of investments and rate structures and government analyses of energy policies and their impacts. A new report from Duke University experts presents updated estimates of one measure of price responsiveness in the U.S. residential electricity market—the price elasticity of demand for electricity—and explores how it varies across all 50 states.
Explore the wide-ranging landscape of power sector competitiveness across the Southeast United States with the Southeast Power Sector Competitiveness Dashboard. During this webinar on Dec. 11, the Nicholas Institute experts who developed the dashboard discussed its purpose, compared regional competitiveness metrics across states in the region, introduced the resource’s interactive features and information through a live demonstration, and answered audience questions.
Virginia ranks first, and Alabama last, in a Southeast power sector “competitiveness” dashboard launched this week by Duke University researchers, reports Utility Dive. Twelve states were scored according to indicators such as participation in wholesale power markets, net metering policies, presence of a consumer advocate, interconnection standards, procurement requirements and third-party power purchase agreements.
Developed by Nicholas Institute experts, the Southeast Power Sector Competitiveness Dashboard assembles key metrics on an array of policies and market characteristics that influence how utilities, regulators, producers and consumers interact. The dashboard covers 12 states: Alabama, Arkansas, Florida, Georgia, Kentucky, Louisiana, Mississippi, North Carolina, South Carolina, Tennessee, Virginia and West Virginia.