Democratic Governor Ralph Northam signed an executive order on Sept. 17, setting a goal for the state to produce 30 percent of its power from renewable energy resources by 2030 and transition to zero-carbon electricity by 2050. Legislation enacted last year set a goal of achieving 5.5 gigawatts of wind and solar by 2028. The…
A growing number of states are redesigning policies and incentives for distributed generation as customer-sited installations spread amid falling costs. Regulators have initiated a number of actions this year, ranging from examining the value of distributed energy resources (DER) to overhauling interconnection rules, and equipping utilities with the planning structure required to accommodate new resources.
The New Jersey Board of Public Utilities approved Ocean Wind LLC’s purchase of capacity interconnection rights, or CIRs, to advance its proposed 1.1 gigawatt wind project off the coast of Atlantic City, according to a Sept. 11 order. The agency found that the CIRs reduce the costs of transmission upgrades, and therefore, the ratepayer allocation…