The Federal Energy Regulatory Commission on March 21 issued notices of inquiry to gather information on possible improvements to rules governing electric transmission incentives and the agency’s approach to determining the return on equity, or ROE, for setting jurisdictional rates charged by public utilities. Transmission incentives are crucial to spur investment, which can provide benefits,…
DetailsThe Missouri Public Service Commission on March 20 unanimously approved Clean Line Energy Partners LLC’s 780-mile Grain Belt Express transmission system designed to deliver 4,000 megawatts of wind power from Western Kansas to Missouri, Illinois, Indiana, and the neighboring states. The move follows a July 2018 ruling from the Missouri Supreme Court, which found that…...
Democratic Governor Ned Lamont announced that Dominion Energy Inc. reached a deal with Connecticut’s two electric utility companies, units of Eversource Energy and Avangrid Inc., to retain the 2,100-megawatt Millstone nuclear facility. The 10-year agreement lowers the incremental ratepayer cost by nearly half compared to the original bid that was accepted last year as part…...
Democratic Governor Ralph Northam signed legislation on March 18 creating a pilot program to disburse loans or rebates for solar installations in households whose income is at or below 80 percent of the state or regional median income. (HB 2741) Residents applying for the program are required to document the installation of energy efficiency services…...
