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Andrew Yang Policy on GRID MODERNIZATION RACE TO THE TOP
Much of our electrical energy infrastructure is old, outdated, insecure, and far too dependent on dirty fossil fuels. Without renewed investment in new, cleaner assets and innovative management practices, our energy costs will become increasingly high and environmentally destructive.
We need to create an economic drive for utilities to invest in updating their infrastructure while motivating innovation. We can do this with a Race to the Top-type competition where utilities compete to enact certain reforms and the winners receive federal monies to reduce the capital costs of their investment.
Investor-owned utilities and municipal utilities & co-operatives would compete in two separate categories for a pool of $5 billion dollars each. These utilities would be given two years to enact certain reforms or hit certain targets, with points being awarded for achieving the goals based on a schedule of points. Off-schedule points would be awarded by industry experts for innovation that achieves similar goals to the prescribed methods. A points floor would be set, and anyone above that floor would receive awards from the central pool proportional to their points.
Reforms and criteria would include, but not be limited to:
Installation of smart meters
Free, easy access for account holders to interval data
Streamlined interconnection processes
Short interconnection processing turnarounds
Tariffs designed to encourage renewable systems of all sizes
Implementation of active or passive control standards that enable real-time management of distributed assets not under direct utility ownership
Methods of differentiating and optimizing the financial concerns of administration, transmission, production, and consumption, as separate grid-system functions
Net de-carbonization from the installation and retirement of various assets
Stakeholder education and outreach, including account holders, developers, and contractors
Robust IT security for metering and control systems
Demonstrating a continued interest, past the end date of the Race to the Top, in continuing to implement these changes
https://www.yang2020.com/policies/grid-modernization/
If I were to vote in a presidential
primary today, I would vote for: Undecided
primary today, I would vote for: Undecided
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Andrew Yang Policy on GRID MODERNIZATION RACE TO THE TOP (Original Post)
Sherman A1
May 2019
OP
rampartc
(5,407 posts)1. these are profitable corporations
who do a great job of avoiding taxes and regulations. if the taxpayers are going to modernize this infrastructire, why do we need pg&e?
If I were to vote in a presidential
primary today, I would vote for: Undecided
primary today, I would vote for: Undecided
Sherman A1
(38,958 posts)2. Many are very profitable as you state
and I suspect that many of the smaller ones might be less enthusiastic or capable of the massive investment that we need to get our grids updated. Not everyone of them is a PG&E.
If I were to vote in a presidential
primary today, I would vote for: Undecided
primary today, I would vote for: Undecided
crazytown
(7,277 posts)3. Whatever the fate of his candidacy
Andrews comprehensive policy proposals are doing the Democratic Party a real service.
If I were to vote in a presidential
primary today, I would vote for: Undecided
primary today, I would vote for: Undecided
Peacetrain
(22,877 posts)4. I have said more than once.. we are not only looking at our next Presdiential candidate..but our
A team for the the next administration and our future Democratic Presidents.. so much talent
If I were to vote in a presidential
primary today, I would vote for: Joe Biden
primary today, I would vote for: Joe Biden