Pacific Gas and Electric Company announced new commitments that resolve California Governor Gavin Newsom’s concerns about the utility’s reorganization to emerge from Chapter 11 bankruptcy, according to a March 20 press release. The commitments, concerning governance, operations, and financial structure, are designed to exit bankruptcy in a timely manner and participate in the state’s wildfire…...
The New York Public Service Commission on March 19 adopted changes to its direct current fast-charging, or DCFC, infrastructure program to allow brand-specific proprietary plugs to qualify for incentives if the charging station also has commonly accepted standardized plug types. The program aims to provide an economic incentive to private sector actors to build out…...
The Federal Energy Regulatory Commission on March 20 proposed revisions to its electric transmission incentive policy to spur investment in the infrastructure needed to support the evolving generation mix, increasing number of new resources seeking transmission service, and changes in load patterns. The commission proposes a shift in its incentive analysis to grant incentives based…...
Solar and wind developers are faced with tough challenges as the COVID-19 pandemic disrupts the global supply chain, affecting project timelines. Delays have the potential to threaten power purchase contracts and federal tax credits that are crucial for project economics. The crisis has triggered an economic slowdown as governments take measures to curb the advance of…
The South Dakota Public Utilities Commission issued a permit allowing Crowned Ridge Wind II LLC to build a 301-megawatt wind energy facility in Codington, Deuel, and Grant counties, according to a March 18 press release. The $425 million project consists of 132 wind turbines spanning about 70,000 acres east of Watertown. The developer has entered…...
The Tennessee Valley Authority issued a request for proposals to develop 200 megawatts of renewable energy projects that can begin commercial operations by the end of 2023, according to a March 16 news release. The seven-state power agency said it does not have a need for more base-load energy and is investing in renewables in…...
Virginia has become the first state in the South to begin a clean energy transition with the passage of a sweeping energy bill that sets the state on the path to carbon-free power by 2050. The law replaces the voluntary renewable energy portfolio program with a mandatory standard, and paves the way for an enormous expansion of wind and solar power, energy storage, and energy efficiency.
Democratic Governor Andrew Cuomo on March 16 announced the selection of 21 large-scale solar, wind, and energy storage projects totaling 1,278 megawatts in the state’s latest annual solicitation for large-scale renewable energy capacity. The awards, which represent $1 billion in state investment, include projects that offered bids 23 percent lower than those received three years…...
The New York State Board on Electric Generation Siting and the Environment on March 13 granted a permit, allowing Canisteo Wind Energy LLC, a subsidiary of Invenergy LLC, to construct a 290.7-megawatt wind generating facility in Steuben County. The project is expected to generate up to $60 million in local property tax revenues over 20…...
Georgia Power Company seeks to reduce fuel rates by about 16 percent, driven primarily by projected decreases in natural gas prices, according to a March 9 filing with the Georgia Public Service Commission. The change would lower monthly residential bills by 4 percent or $5 for a customer using 1,000 kilowatt-hours per month, beginning June…...
The Indiana Utility Regulatory Commission on March 4 approved Indianapolis Power & Light Company’s seven-year grid modernization plan, which proposes an investment of $1.2 billion to replace or upgrade the company’s aging transmission and distribution system assets. The plan will provide new technology, equipment, and systems including a self-healing grid that allows the company to…...
Mitsubishi Hitachi Power Systems on March 10 announced a contract with Utah’s Intermountain Power Agency for the first advanced class gas turbines designed to facilitate the transition of a power plant in central Utah from coal, to natural gas and ultimately to renewable hydrogen fuel. The transition will begin in 2025, with a fuel mix…...
