Florida Regulator Approves Smart Meter Opt-Out Provision for Tampa Electric Customers

Florida Regulator Approves Smart Meter Opt-Out Provision for Tampa Electric Customers

The Florida Public Service Commission on March 5 accepted Tampa Electric Company’s opt-out tariff for customers who wish to retain their existing analog meter instead of a smart meter. The company anticipates about 0.2 percent of customers to opt out of the initiative, after reviewing experiences with other utilities that have implemented advanced metering programs…....

Ameren Missouri to Acquire 157-Megawatt Wind Farm, Bringing Wind Investment to $1 Billion

Ameren Missouri to Acquire 157-Megawatt Wind Farm, Bringing Wind Investment to $1 Billion

The Missouri Public Service Commission approved an agreement allowing Ameren Missouri, a subsidiary of Ameren Corporation, to own and operate a 157-megawatt wind generation project to be built in Atchison County, according to a March 6 press release. The proposed Brickyard Hills Wind Facility, to be developed by EDF Renewables North America, is expected to come…...

Venture Global Wins U.S. Energy Department Approval to Export LNG

Venture Global Wins U.S. Energy Department Approval to Export LNG

The U.S. Energy Department authorized Venture Global Calcasieu Pass LLC to export liquefied natural gas equivalent to 1.7 billion cubic feet per day from its proposed export facility in Cameron Parish, Louisiana to non-free trade agreement countries for a term of 20 years, according to a March 5 order. With this project, the agency has…...

AEP's Wholesale Auction Gets Approval From Ohio Regulators, Setting Lower Default Service Rates

AEP’s Wholesale Auction Gets Approval From Ohio Regulators, Setting Lower Default Service Rates

The Public Utilities Commission of Ohio accepted the results of AEP Ohio’s wholesale power auction which resulted in six winning bidders and an average clearing price of $46.63 per megawatt hour (MWh), according to a March 6 press release. The auction, held on March 5, 2019, will be combined with previous results to set the…

Maine Regulator Picks 100-Megawatt Three Rivers Solar Project for Long-Term Contract

Maine Regulator Picks 100-Megawatt Three Rivers Solar Project for Long-Term Contract

The Maine Public Utilities Commission on Feb. 26 approved terms for a 10-year contract for Three Rivers Solar Power LLC’s project, the winning proposal among seven bids submitted in response to the agency’s solicitation last July. The commission also directed its staff and Emera Inc. subsidiary Emera Maine to finalize a contract with the project…...

U.S. Energy Department to Invest $31 Million to Support Energy Sector Hydrogen Uses

U.S. Energy Department to Invest $31 Million to Support Energy Sector Hydrogen Uses

The U.S. Energy Department on March 4 announced funding for its H2@Scale Initiative, which is focused on wide-scale hydrogen production and utilization across multiple energy sectors to support resilience in power generation and transmission. The agency identified affordability, reliability, and performance of emerging hydrogen and fuel cell technologies as the main challenges to the concept. The…

Minnesota Governor Unveils Plan to Achieve 100 Percent Carbon-Free Electricity by 2050

Minnesota Governor Unveils Plan to Achieve 100 Percent Carbon-Free Electricity by 2050

Democratic Governor Tim Walz announced a proposal that would require the state’s utilities to source all of their electricity from carbon-free resources by 2050, allowing them to set their own pace to meet the goal, according to a March 4 press release from the Minnesota Department of Commerce. Under the plan, titled “One Minnesota Path…

PG&E Says It's Likely Behind California Wildfires, Braces for Additional $11.5 Billion in Damages

PG&E Says It’s Likely Behind California Wildfires, Braces for Additional $11.5 Billion in Damages

Pacific Gas & Electric is including an $11.5 billion pre-tax charge related to third-party claims in connection with devastating wildfires that hit the state in the last two years, according to financial data released on Feb. 28. The battered utility admits that based on information currently available, it is “probable” that its equipment will ultimately be determined to have…

FERC Establishes $10 Million Threshold for Merger Approvals

FERC Establishes $10 Million Threshold for Merger Approvals

The Federal Energy Regulatory Commission on Feb. 26 issued a final rule amending its regulations governing public utility mergers and consolidations. The rule requires transactions with a value above $10 million to be first authorized by the commission before consummation. For transactions valued below that threshold but above $1 million, utilities do not have to…

AEP Subsidiary Reaches Settlement, Slashing Rate Hike Request by Almost Half

AEP Subsidiary Reaches Settlement, Slashing Rate Hike Request by Almost Half

The Public Service Company of Oklahoma reached a proposed settlement seeking a revenue increase of $46 million, down from the originally requested $88 million, according to a Feb. 27 press release by the Oklahoma Corporation Commission. The settlement would raise monthly residential electric bills by about $2.38 compared to an increase of $7 that would…...