Eastern U.S. states are jockeying to claim the mantle of leadership of the nation's still-budding offshore wind industry, eyeing major infrastructure upgrades and workforce training to meet procurement targets and capture the billions-of-dollars in investments promised by the clean, abundant and largely untapped coastal wind resources.
Scout Clean Energy LLC, a Colorado-based renewable energy developer, announced the closing of financing and the launch of construction of its 300-megawatt Ranchero wind park in Texas, according to a Jan. 17 press release. The project has a 10-year proxy revenue swap, or PRS, with Allianz Global & Specialty Inc.’s Alternative Risk Transfer unit, in…...
The New York State Board on Electric Generation announced hearings to receive comments on Bluestone Wind LLC’s proposal to construct a 124-megawatt wind energy project in the towns of Windsor and Sanford, Broome County. The move follows the board’s determination that the company’s Article 10 application is complete. The decision-making process under Article 10, adopted…...
Vermont House lawmaker Charles Shaw, a Republican, introduced legislation on Jan. 22 that would require in-state solar facilities to sell their renewable energy credits to distribution utilities that will apply the credits toward meeting the state’s renewable energy standard, in a bid to balance the local impacts of siting solar installations. Alternatively, the facility would have…...
Connecticut Light & Power Co., an affiliate of Eversource Energy, and The United Illuminating Co. filed amended plans on January 22 for the purchase of renewable energy credits to comply with Connecticut’s Low and Zero Emissions Renewable Energy Credit Program. The annual LREC target for years 6-8 remains approximately $3.2 million for Eversource and approximately…
The New Hampshire Public Utilities Commission on Jan. 17 authorized Liberty Utilities Co. to install up to 500 Tesla Powerwall 2 batteries behind the meter at customers’ premises under a pilot program intended to achieve customer savings through peak load reductions. Liberty said that the initiative marks the first program in the nation to combine…
Democratic Governor Jared Polis on Jan. 17 issued an executive order detailing initiatives and strategies aimed at facilitating a transition to electric vehicles. Polis said that the transition will support the state’s goal of 100 percent renewable electricity by 2040. The order directs the state’s Department of Public Health and Environment to develop a rule…
The Virginia State Corporation Commission on Jan. 17 turned down a majority of Dominion Energy Inc.’s 10-year, $6 billion grid transformation proposal, finding that the utility had not shown that the costs are prudent. The agency approved only a $150 million cyber and physical security component for the first three-year phase, estimated to cost $1.5…...
The Idaho Public Utilities Commission accepted Avista Utilities’ 2018 integrated resource plan, which lays out a strategy to meet customer demand for natural gas through 2037, according to a Jan. 17 press release. The utility expects energy efficiency and conservation measures to offset anticipated load growth, contrary to its 2016 resource plan, which found that…
The Michigan Public Service Commission on Jan. 18 approved DTE Electric Co.’s voluntary green pricing program tailored for large customers who choose to meet a portion of their electricity needs from renewable energy resources. The company said that the program will commence once the renewable energy projects required to support the program are in commercial operation…...
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…...
NextEra Energy Inc. and NextEra Energy Partners L.P on Jan. 18 asked the Federal Energy Regulatory Commission to order that Pacific Gas and Electric Company may not reject its wholesale contracts in bankruptcy without the federal regulator’s approval. PG&E announced it will file for bankruptcy protection on or about Jan. 29 as it faces billions…...
