The South Carolina Court of Common Pleas Thirteenth Judicial Circuit on July 21 approved a $520 million settlement to refund customers of state-owned Santee Cooper for costs incurred toward the construction of the abandoned VC Summer nuclear power project. The deal includes a four-year rate freeze by the utility, constituting an additional $510 million benefit…...
New York Governor Andrew Cuomo, a Democrat, on July 21 announced solicitations seeking up to 4 gigawatts of renewable capacity, including 2.5 gigawatts of offshore wind and 1.5 gigawatts of land-based large-scale projects. In addition, a solicitation for $400 million in multi-port investment requires offshore wind generators to collaborate with any of the 11 prequalified…...
The New York Public Service Commission on July 16 approved the “Make-Ready Initiative” to expedite the deployment of electric vehicle charging infrastructure. The initiative aims to deploy more than 50,000 charging stations by 2025, coinciding with the state’s goal of reaching 850,000 zero-emission vehicles by that year. The commission approved a budget of $701 million,…...
The U.S. Energy Department announced funding for cost-shared projects focused on developing the critical components required under its Coal FIRST initiative, according to a July 17 news release. The department selected seven projects to share the $37 million federal funding and released a new funding opportunity announcement for $81 million. The initiative aims to develop…...
