Governor Scott supports underwater Power Link from Canada Vermont Business Magazine Governor Phil Scott today issued a statement in support of proposals to supply the Commonwealth of Massachusetts with 1,000 MW of clean power via the TDI New England Clean Power Link (NECPL). The TDI project would run from the Canadian border, under Lake Champlain … Continue reading Governor Scott supports underwater Power Link from #Canada→
National Grid seeking 53-percent rate hike Under the proposal, the average monthly bill for homeowners would climb from $89.06 to $106.19. PROVIDENCE — Most electric users in the state will see a considerable increase in their bills in October under new rates proposed by National Grid. Rhode Island’s largest electric utility filed a proposal with … Continue reading National Grid seeking 53-percent rate hike→
Dynegy (DYN) to Sell Three Power Generating Assets for $300M Dynegy Inc. (NYSE: DYN) has reached agreement to sell three of its generating plants for approximately $300 million. Combined with the previously announced LS Power transaction, a total of approximately $780 million in aggregate sales proceeds will be used primarily for debt reduction. Lee Energy … Continue reading #Dynegy (#DYN) to Sell Three Power Generating Assets for $300M→
After sector outcry, Massachusetts energy chief defends 200 MWh storage target Unveiled just before the July 4th holiday, Massachusetts’ new energy storage target left a bittersweet taste with many battery companies. On July 1, the state’s Department of Energy Resources set a target for the state’s electric distribution companies to procure an aggregate of 200 … Continue reading After sector outcry, Massachusetts energy chief defends 200 MWh storage target→
Plans for controversial Burrillville power plant pushed back a year PROVIDENCE — Invenergy has officially pushed back the opening of its proposed fossil fuel-burning power plant in Burrillville from 2019 to 2020. Although observers of the controversial proposal have long suspected that, because of protracted opposition, Invenergy would fail to meet its 2019 target date … Continue reading Plans for controversial Burrillville power plant pushed back a year→
State Programs to Encourage Renewable Energy Are Constitutional (In Case You Were Worried) Last week, the 2nd Circuit Court of Appeals affirmed a District Court decision rejecting a challenge to Connecticut statutes intended to encourage renewable energy development in Connecticut. It’s a critical win, not just for Connecticut, but for many renewable energy programs in … Continue reading State Programs to Encourage Renewable Energy Are Constitutional (In Case You Were Worried)→
Enbridge halts $3.2B Access Northeast natural gas pipeline for now Whether or not the Northeast needs more gas remains up for debate. But if the region does need more fossil fuels, it will also need to find a way to pay for pipeline development. Last year in August, the Massachusetts Supreme Court ruled electric utilities … Continue reading Enbridge halts $3.2B Access Northeast natural gas pipeline for now→
ISO New England high uplift costs targeted by monitor ISO New England’s markets were competitive in 2016, and its capacity market generally compensates for retirements, but its uplift costs were more than double that of the New York Independent System Operator, presentations slated for a stakeholder meeting Tuesday say. During the New England Power Pool … Continue reading ISO New England high uplift costs targeted by monitor→
August eclipse will miss New England, but still could cut solar power output The Aug. 21 solar eclipse cutting through the U.S. will miss New England by hundreds of miles, but the partial shading of the sun by the moon will be enough to reduce the region’s solar power by an amount equal to the … Continue reading August eclipse will miss #New_England, but still could cut solar power output→
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