U.S. Renewable Portfolio Standards – October 2019 Update

State renewable portfolio standards are a key driver behind the torrid expansion of wind and solar generation across the U.S., responsible for about half of the nation’s deployment of clean energy sources over the last couple of decades, according to the Lawrence Berkeley National Laboratory. Over three dozen states, territories and the nation’s capital have…

New Jersey Ratepayer Advocate Cautions About Double Payments Under Nuclear Subsidy Due to Carbon Market Entry, Wholesale Market Reforms

The New Jersey Board of Public Utilities must take a hard look at the ratepayer impact of nuclear subsidies as the state’s reentry into the regional carbon market and pending wholesale market initiatives will likely increase revenue for the nuclear units receiving zero emission credits, or ZECs, according to the Division of Rate Counsel. Those…

New York Finalizes Largest Offshore Wind Deal for 1.7 Gigawatts

The New York State Energy Research and Development Authority executed 25-year contracts with Equinor Wind US LLC and Sunrise Wind LLC for nearly 1.7 gigawatts of offshore wind at an average all-in development cost of $83.36 per megawatt-hour in 2018 prices, according to an Oct. 23 announcement. The agency also released a report on the…