National Grid plc completed a $100 million transaction through its competitive non-regulated unit National Grid Ventures, acquiring Geronimo Energy LLC, a prominent wind and solar developer in North America, according to July 15 news release. The company also entered into an agreement with the Washington State Investment Board for a 51 percent stake in a…
DetailsThe Public Service Co. of Oklahoma and Southwestern Electric Power Co. are seeking regulatory approval to buy three wind projects, with a combined capacity of 1,485 megawatts, that are being developed by Invenergy LLC in Oklahoma, according to a July 15 filing with the Oklahoma Corporation Commission. The projects were selected through a competitive solicitation…
DetailsThe Maine Public Utilities Commission on July 12 approved a 20-year contract for a Weaver Wind LLC’s 72.6 megawatt wind power project, which is expected to come online by the end of 2020. The commission determined that the contract price of 3.5 cents per kilowatt hour, which is set to increase at 2.5 percent annually,…
DetailsCarbon emissions from coal are expected to fall by 169 million metric tons in 2019, the largest decline since 2015, due largely to changes in the electricity mix with natural gas becoming the dominant power generation fuel, according to a July 15 report from the U.S. Energy Information Administration. U.S. energy-related emissions are projected to…
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