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#GE Signs $80M Agreement with #Emera_Energy; Pact Includes Upgrades to #Tiverton Power Plant

GE Signs $80M Agreement with Emera Energy; Pact Includes Upgrades to Tiverton Power Plant TIVERTON, R.I.–(BUSINESS WIRE)–Nova Scotia, Canada-based energy company Emera Energy has selected GE (NYSE:GE) to upgrade its Tiverton Power station in Rhode Island in an effort to increase the efficiency, capacity and long-term availability of the power plant and reduce its operating … Continue reading #GE Signs $80M Agreement with #Emera_Energy; Pact Includes Upgrades to #Tiverton Power Plant

Kennedy files bill to close loophole in electricity auction process, aims to reduce #energy costs

Kennedy files bill to close loophole in electricity auction process, aims to reduce energy costs A bill filed Wednesday by U.S. Rep. Joseph Kennedy III, D-Massachusetts, would close a loophole, which after the New England wholesale electricity auction last year left four federal regulators deadlocked and no remedy to stop massive rate increases from going … Continue reading Kennedy files bill to close loophole in electricity auction process, aims to reduce #energy costs

Utilities buy nuclear capacity from New Hampshire as Vermont dismantles nuke plant

Utilities buy nuclear capacity from New Hampshire as Vermont dismantles nuke plant Utility companies in Vermont are buying nuclear capacity from New Hampshire while Vermont dismantles its former electricity-generating nuclear powerhouse. “We got a 20-year contract with NextEra, which is not very typical,” David Hallquist, CEO of Vermont Electric Cooperative, said of his company’s move … Continue reading Utilities buy nuclear capacity from New Hampshire as Vermont dismantles nuke plant