The South Carolina Public Service Commission on Dec. 14 voted unanimously to approve Dominion Energy Inc.’s proposed purchase of SCANA Corporation, settling a 17-month legal battle that began in July last year when SCANA subsidiary South Carolina Electric & Gas Company and state-owned Santee Cooper decided to abandon a $9 billion project to build two…
DetailsThe United Nations twenty-fourth annual climate conference concluded on Dec. 15, following a week of intense discussions culminating in the adoption of rules for the implementation of the Paris Agreement, which aims to prevent the worst impacts of climate change by keeping global temperature rise below 2 degrees Celsius. The deal establishes uniform standards that will be used by…
DetailsThe U.S. Bureau of Ocean Energy Management auctioned three leases off Massachusetts’ coast earmarked for the development of offshore wind farms, reaping a record-breaking $405-million, according to a Dec. 14 press release. The bureau sold commercial wind energy leases comprising nearly 390,000 acres, which are expected to support about 4.1 gigawatts of power. Out of 11 bidders,…
DetailsThe Connecticut Public Utilities Regulatory Authority, in a Dec. 12 decision, found that the state’s local distribution companies took a prudent approach to managing their gas supply portfolio during the 2013 to 2016 winter seasons and properly met their “supplier-of-last-resort” or SOLR obligations. The agency analyzed data for the peak demand days from the three…
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