Connecticut

IEEFA Research

IEEFA U.S.: Investors in gas-fired projects in largest regional power system face substantial risks

IEEFA U.S.: Investors in gas-fired projects in largest regional power system face substantial risks

Eleven PJM projects under development may fail to prove financially viable

October 5, 2020 (IEEFA) — The landscape for developers of natural gas-fired power plants in the nation’s largest regional power system has shifted dramatically over the last decade, according to a joint study by the Applied Economics Clinic and the Institute for Energy Economics and Financial Analysis. The Pennsylvania-New Jersey-Maryland (PJM) system coordinates the flow […]

Report- When, Not If: Bridgeport’s Future and the Closing of PSEG’s Coal Plant

Report- When, Not If: Bridgeport’s Future and the Closing of PSEG’s Coal Plant

When, Not If:  Bridgeport’s Future and the Closing of PSEG’s Coal Plant (PDF) Presentation: When Not If_ Bridgeports Future and the Retirement of PSEG’s Coal Plant (PPT)                                        

January 23, 2014 Read More →

More News and Commentary

U.S. East Coast states planning for surge in offshore wind projects

S&P Global Market Intelligence ($): U.S. East Coast states are bracing for an offshore wind boom as a new presidential administration signals support for the burgeoning industry. President Joe Biden’s administration on March 8 published the environmental statement for the proposed 800-MW Vineyard Offshore Wind Project off the coast of Martha’s Vineyard in Massachusetts, being […]

March 10, 2021 Read More →

Connecticut regulators give go-ahead for largest solar project in Northeast U.S.

Electrek: The Connecticut Siting Council has approved a 120-megawatt solar farm in East Windsor that covers 485 acres. It will be the largest solar farm in the Northeastern US and deliver enough clean energy to customers in Connecticut, Massachusetts, and Rhode Island to power more than 12,000 homes. It’s called Gravel Pit Solar, and construction […]

March 4, 2021 Read More →

Analysis shows rooftop solar saved New England ratepayers $1.1 billion from 2014-2019

S&P Global Market Intelligence ($): A new report analyzing ISO New England data concluded that behind-the-meter solar produced over 8,600 GWh of electricity across the grid operator’s territory from 2014 to 2019, reducing wholesale energy market costs in the region by $1.1 billion. In addition to $317 million in load-impact benefits, that figure includes $743 […]

December 9, 2020 Read More →

U.S. developer Sunrun expects residential solar-plus-storage to be the new standard

S&P Global Market Intelligence ($): By extending its energy storage offering to all 19 states in which it operates, U.S. residential solar supplier Sunrun Inc. is positioning itself for “a market where in two, three years, every solar system has a battery,” CEO Lynn Jurich said. The company on Nov. 5 announced it would begin […]

November 9, 2020 Read More →
IEEFA U.S.: Investors in gas-fired projects in largest regional power system face substantial risks
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IEEFA U.S.: Investors in gas-fired projects in largest regional power system face substantial risks

Eleven PJM projects under development may fail to prove financially viable

October 5, 2020 (IEEFA) — The landscape for developers of natural gas-fired power plants in the nation’s largest regional power system has shifted dramatically over the last decade, according to a joint study by the Applied Economics Clinic and the Institute for Energy Economics and Financial Analysis. The Pennsylvania-New Jersey-Maryland (PJM) system coordinates the flow […]

State mandates to drive 12.5GW of new wind, solar capacity in New England region by 2030—S&P

S&P Global Market Intelligence ($): Despite being the smallest independent system operator, or ISO, in terms of electricity demand in the U.S., ISO New England is expected to be a very active market for renewable energy deployment over the next decade. Each of the six states in the ISO has a mandatory renewable portfolio standard […]

June 16, 2020 Read More →

Proposed New England power projects reflect ‘dramatic shift’ from gas to renewables

Utility Dive: About 95% of nearly 21GW of energy resources currently proposed for the New England region are grid-scale wind, solar and battery projects, according to the Independent System Operator of New England (ISO-NE). The number “reflects a dramatic shift” in the grid operator’s interconnection queue, ISO-NE president and CEO Gordon van Welie said in […]

March 16, 2020 Read More →

S&P: Renewables offer better financial return in New England market than merchant gas plants

S&P Global Market Intelligence ($): The expected financial return on new renewable projects in ISO New England exceeds that of merchant natural gas projects, according to recent analysis from S&P Global Market Intelligence. New merchant natural gas projects in ISO-NE are affected by the ISO-NE Forward Capacity Auction. In February, the auction, known as FCA […]

March 9, 2020 Read More →

U.S. installed 9.1GW of new wind in 2019, total capacity now tops 105GW—AWEA

Windpower Engineering & Development: The [U.S.] wind industry experienced its third strongest year on record in 2019 as project developers added 9,143 MW of wind power capacity to the grid. On the heels of this activity, another 44,000 MW of wind projects – representing over $62 billion in investment – are either under construction or […]

February 3, 2020 Read More →

U.S. offshore wind industry could become $70 billion business by 2030—AWEA

CNBC: Just three years ago, five giant wind turbines in the waters off Block Island, Rhode Island, started spinning 30 MW of electricity to that tiny community of about a thousand residents. While it remains the only offshore wind farm in the U.S., that’s about to dramatically change. According to the Department of Energy, offshore […]

December 16, 2019 Read More →