Duke Energy Florida, a subsidiary of Duke Energy Corp., completed a $700 million green bond transaction to finance renewable energy projects, including solar generation and utility-scale battery storage deployments in the state, according to a Nov. 26 news release. This is the third green bond transaction by Duke Energy utilities over the past year, following…
The New Mexico Public Regulation Commission has received an application from El Paso Electric Company to build a solar generation project paired with energy storage at the New Mexico State University, according to a Nov. 20 filing. El Paso Electric is seeking expedited approval for a certificate of public convenience and necessity for a 3-megawatt…
The New York State Energy Research and Development Authority is seeking an additional $573 million to help achieve the expanded 6 gigawatts of solar energy by 2025 policy goal set by Democratic Governor Andrew Cuomo earlier this summer, according to a Nov. 25 filing. From this request, the agency wants to allocate $290 million for the…
U.S. energy sector carbon emissions rose by 2.7 percent last year compared to 2017, reaching 5.27 billion metric tons, according to a Nov. 26 report from the U.S. Energy Information Administration. Emissions in 2018 rose for the first time since 2014, driven by higher natural consumption to meet demand during extreme weather conditions and transportation-related…
The Public Utilities Commission of Ohio on Nov. 21 denied a request by American Electric Power to impose a non-bypassable charge on its customers to support two solar power projects totaling 400 megawatts, finding that the utility failed to demonstrate the need for the new generation based on resource planning projections. The agency noted that…
Democratic Governor Andrew Cuomo on Nov. 25 announced a settlement with National Grid plc to immediately lift the moratorium on gas service in Long Island, Queens and Brooklyn. The move follows Cuomo’s notification earlier this month threatening to revoke National Grid’s operating license over its inability to provide reliable supply. The utility committed to short-term…
U.S. House Representative Donald McEachin, a Democrat representing Virginia, introduced legislation on Nov. 21 that would set a nationwide goal of achieving a 100 percent clean energy economy by 2050. The bill, which has over 150 co-sponsors, calls on federal agencies to use their existing authorities to reach the net-zero carbon goal while remaining technology-neutral. The…
Community choice aggregation has existed for over two decades, but it has gained popularity in recent years, driven by competitive rates, consumer interest in controlling their electricity source, and the desire for renewable energy options. The procurement model allows local governments to buy power on behalf of their communities, tailoring their purchases to meet customer preferences.
New York installed 934 megawatts of distributed capacity through Sept. 30, with an additional 1,053 megawatts in the pipeline under the NY Sun program, a $1 billion initiative to expand solar capacity through the strategic use of public funds to build a self-sustaining market, according to a Nov. 14 report from the New York State…
The compliance obligations under Ohio’s renewable portfolio standard continue to shift from electric distribution companies to competitive retail suppliers, who were responsible for 78 percent of the requirements, up from 77 percent in the prior year, according to a Nov. 13 draft annual report by the Ohio Public Utilities Commission staff. Electric distribution utilities accounted…
A coalition of investor-owned utilities and renewable energy developers on Nov. 11 asked the Maine Public Utilities Commission for temporary rule changes to resolve issues arising from the growth in interconnection activity after the state passed a law in June that expands opportunities to invest in solar power and distributed generation. The legislation led to…
The California Public Utilities Commission voted to authorize the procurement of 3.3 gigawatts of new, non-emitting electricity resources by 2023 to forestall potential resource adequacy shortages starting in 2021, according to a Nov. 7 news release. The order also seeks to keep some natural-gas-fired power plants open past their current 2020 closure dates by recommending…