Massachusetts Governor Charlie Baker, a Republican, signed a measure on Aug. 1 requiring the levelized price of offshore wind contracts resulting from subsequent solicitations to be lower than the initial procurement if the price is adjusted for federal tax credits, inflation, and incentives. The legislation takes into account the decline of federal tax credits in…
DetailsAttorney General Maura Healey, a Democrat, released a report on Aug. 1 showing that Massachusetts electric customers who switched to a competitive electric supplier paid about $76 million more on their bills from July 2017 to June 2018 than they would have if they remained with their utilities. Healey underscored the need for legislation to…
DetailsThe U.S. Energy Department authorized Kinder Morgan Inc. to export liquefied natural gas equivalent to up to 1.53 billion cubic feet per day from the proposed Gulf LNG Liquefaction Project, which will be built at the site of an existing import terminal in Mississippi, according to a July 31 press release. The export permit comes…
DetailsThe Western Energy Imbalance market generated about $86 million in savings in the second quarter of this year, with total benefits reaching about $736 million since its launch in November 2014, according to a July 31 press release from the California Independent System Operator Corporation. The market helps displace less-clean energy supplies with surplus renewable…
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