New York Utilities Face $6 Million in ‘Negative Revenue Adjustments’ for Missing Performance Targets

The New York Public Service Commission imposed negative adjustments in the revenues of the New York State Electric & Gas Corporation, Central Hudson Gas & Electric Corporation, and Orange and Rockland Utilities Inc. for shortfalls in their reliability and customer service metrics last year. Major storms continue to challenge utilities, accounting for more than 80…

Court Finalizes $2.2 Billion SCE&G Ratepayer Settlement

The Court of Common Pleas in Hampton County on June 11 finalized a settlement in a class action lawsuit over the costs that South Carolina Electric & Gas Company’s electric ratepayers have incurred towards the abandoned VC Summer nuclear power project. The settlement includes a $115 million cash component, an estimated $60 million to $85…

Progressive Cap-and-Trade Climate Policy Moves Closer to Final Vote in Oregon

Legislation creating an ambitious cap-and-trade program in Oregon cleared a key committee on June 12 and is scheduled for a House vote on Monday. If passed, the bill would make Oregon the second state after California to adopt the market-based approach to slashing greenhouse gas emissions causing climate change. Democrats currently hold a trifecta in…

PG&E Power Lines Caused Deadly Camp Fire According to California Investigator

The California Department of Forestry and Fire Protection has determined that Camp Fire, the deadliest and most destructive fire in California history, was caused by electrical transmission lines owned and operated by Pacific Gas and Electric, according to a May 15 press release. The Camp Fire started in Butte County on the morning of November 8,…

National Grid Stops Accepting New Gas Service Requests in New York Following Williams Pipeline Denial

National Grid’s President John Bruckner, issued a statement on May 17 saying the company has stopped processing all applications for new or expanded gas service in Brooklyn, Queens and on Long Island following the New York State Department of Environmental Conservation’s decision on Wednesday to deny “without prejudice” a water permit for Williams’ Northeast Supply Enhancement project, which…

NYSERDA Unveils Energy Storage Incentive Plan as State Strives for 3 Gigawatts by 2030

The New York State Energy and Research Development Authority (NYSERDA) has published its Energy Storage Market Acceleration Incentives Implementation Plan on March 11. It describes how the state will allocate $310 million in funding to boost adoption of the technology and help achieve approximately a third of New York’s ambitious goal of 3 gigawatts by 2030. This $310 million market…

New Mexico Commits to 100 Percent Clean Electricity, Joining California, Hawaii and D.C.

The New Mexico House of Representatives passed the Energy Transition Act on Tuesday afternoon, which orders the state to source all of its power from carbon-free supplies by 2045. The bill passed the Democratic-controlled state legislature with 32-9 votes in the Senate and 43-22 in the House. Democratic governor Michelle Lujan-Grisham is expected to sign it into…

Dominion Pushes Atlantic Coast NatGas Line Completion to 2021 at $1B Extra Cost

Dominion Energy Inc. has bumped up the estimated cost of its 604-mile natural gas pipeline from $6 to about $7 billion, adding that it also expects the project to be delayed until early 2021 following permitting issues. Thomas Farrell, Chief Executive Office, said in a Feb. 1 press release that the company is “actively pursuing multiple paths to…

Massachusetts Regulator Unveils Framework for Capacity Rights in Solar Incentive Programs

The Massachusetts Department of Public Utilities issued an order on Feb. 1 clarifying ownership of capacity and energy rights of facilities under net metering and Solar Massachusetts Renewable Target, or SMART, programs participating in the ISO New England Inc.’s forward capacity market. The order allows owners of storage-paired facilities to retain their energy or capacity…...

Avista and Hydro One Abandon $5.3 Billion Merger Following Regulator Rejection

Hydro One Ltd. and Avista Corp. have decided to terminate plans to merge after regulators in Washington and Idaho refused to approve the deal, according to a Jan. 23 press release. After weighing the chances of getting those decisions reversed, both companies have decided to kill the plan, with Hydro One having to pay Avista a $103 million termination…

New York Governor Seeks to Quadruple Offshore Wind, Double Solar on Path to Carbon Neutrality

Democratic Governor Andrew Cuomo on Jan. 17 announced new goals as part of the state’s “Green New Deal” to achieve 100 percent carbon-free electricity by 2040. The initiative, outlined in Cuomo’s 2019 policy agenda, calls for an offshore wind target of 9 gigawatts by 2035, up from 2.4 gigawatts by 2030, adding to the combined…...