ISO-NE’s eighth Forward Capacity Market Auction (FCA-8) rates became effective September 16, 2014, despite FERC being unable to reach agreement on whether the filing was “just and reasonable.” The final price for existing sources was set at the administrative price of $7.025/kW-month, a 123 percent increase from the FCA-7 clearing price. The Northeast Massachusetts (NEMA)/Boston…...
An innovative solar cell-battery hybrid developed at OSU is expected to reach 100-percent efficiency and reduce costs by 25 percent. On October 3, 2014, Ohio State University (OSU) reported the invention of the world’s first solar battery – a patent-pending technology that combines a battery and solar cell into one hybrid device. The new design…...
The Massachusetts Attorney General has sought DPU action to mitigate spikes in winter rates and extend the state’s Winter Moratorium by one month. On October 2, 2014, Massachusetts Attorney General (AG) Martha Coakley wrote to the Department of Public Utilities (DPU) requesting an investigation into ways to mitigate National Grid’s winter rate spikes that will…...
The DOE has issued a draft solicitation for Advanced Nuclear Energy Projects to provide up to $12.6B in loan guarantees. On September 30, 2014, the Department of Energy (DOE) issued a draft solicitation to provide up to $12.6B in loan guarantees for Advanced Nuclear Energy Projects, representing another step in DOE’s commitment to help overcome…...
