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…
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…...
Southwestern Electric Power Company, a subsidiary of American Electric Power Company Inc., issued a request for proposals for 1.2 gigawatts of wind energy that would come online by Dec. 15, 2021, according to a Jan. 9 filing with the Louisiana Public Service Commission. The move comes six months after the company scrapped a $4.5-billion wind…...
In the case of a fossil fuel facility, a plan shall include provisions to construct or invest in one or more renewable energy facilities in conjunction with construction and operation of the proposed fossil fuel facility. The aggregate estimated cost or investment in one or more renewable energy facilities shall be equal to no less…
In 2019, the U.S. is expected to add 23.7 gigawatts of generation capacity and retire 8.3 gigawatts, according to a Jan. 10 report from the U.S. Energy Information Administration. About 8 gigawatts of coal, nuclear, and natural gas generation are scheduled to retire this year, with coal accounting for 53 percent of the retirements. Texas,…
Colorado House lawmaker Chris Hansen, a Democrat, introduced legislation on Jan. 4 that would increase the maximum size of community solar gardens to 10 megawatts, up from 2 megawatts permitted by current law. The bill would broaden access to community projects, which offers consumers the opportunity to participate in solar installations through subscriptions, by allowing…...
