AEP to Invest $2.7 Billion in Renewables Over Five Years in Transition to Cleaner Resource Mix

AEP to Invest $2.7 Billion in Renewables Over Five Years in Transition to Cleaner Resource Mix

American Electric Power Company Inc. announced a $33 billion capital investment plan from 2019 through 2023, with 75 percent focused on its transmission and distribution operations, according to a Nov. 11 news release. The plan includes $2.7 billion for new renewable generation, including about $2.2 billion for competitive, contracted projects. The company said the transition…

NIPSCO to Retire 2.2 Gigawatts of Coal Generation in Indiana Over Next Decade in Transition to Clean Energy

NIPSCO to Retire 2.2 Gigawatts of Coal Generation in Indiana Over Next Decade in Transition to Clean Energy

Northern Indiana Public Service Company LLC, a subsidiary of NiSource Inc., on Oct. 31 filed its 2018 integrated resource plan with the Indiana Utility Regulatory Authority, detailing a strategy to retire its coal-fired generation portfolio over the next decade and transition to more cost-efficiency renewable energy. The resource plan charts a path to meet customer…

New Jersey State Lawmaker Proposes Bill to Integrate Energy Storage Into Long-Term Utility Resource Plans

New Jersey State Lawmaker Proposes Bill to Integrate Energy Storage Into Long-Term Utility Resource Plans

New Jersey state Assembly member Harold Wirths, a Republican, introduced legislation on Oct. 15 that would require the board of public utilities to establish mechanisms for electric suppliers and utilities to procure energy storage as part of their distribution and transmission system planning process. The legislation would require the board adopt rules and regulations that…

Washington Regulator Clears Puget Sound Energy's Resource Solicitation Process

Washington Regulator Clears Puget Sound Energy’s Resource Solicitation Process

The Washington Utilities Commission on June 28 approved Puget Sound Energy Inc.’s solicitation process for demand response, as well as other resources including electric generation sources, energy storage, and renewable energy credits. The company’s resource acquisition process follows its integrated resource planning analysis, which establishes capacity and renewable energy needs on a biennial basis. The…

Xcel Energy Unveils $2.5 Billion Plan for Renewable Energy Shift, Coal Plant Closures

Xcel Energy Unveils $2.5 Billion Plan for Renewable Energy Shift, Coal Plant Closures

Public Service Company of Colorado, a unit of Xcel Energy Inc., filed its Colorado Energy Plan, a blueprint for the utility to source over half of its electricity supply from renewables and cut carbon emissions by 60 percent by 2026. The plan, filed June 6 with the Colorado Public Utilities Commission, directs the company to…