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)
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Avangrid solar rollbacks in Maine spill over into N.M. merger fight
Associated Press: New Mexico customers are sounding the alarm over a proposed multibillion-dollar merger of the state’s largest electric utility provider with a U.S. subsidiary of Spanish energy giant Iberdrola, citing a sordid track record of reliability and customer service. They voiced their concerns during a virtual hearing Monday as state regulators prepare to hear […]
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White House plans offshore wind leases in New York and New Jersey
New York Times ($): The Biden administration on Friday announced that it would begin the formal process of selling leases to develop offshore wind farms in shallow waters between Long Island and New Jersey as part of its push to transition the nation to renewable energy. The proposed sale, the first of the Biden administration, […]
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DTE retires last unit of River Rouge coal-fired plant
Power Magazine: DTE Energy has retired the last operating unit of its River Rouge coal-fired power plant along the Detroit River, a facility that came online in 1956 and entered commercial operation in 1958. The utility on June 4 said River Rouge, located just southwest of Detroit, Michigan, operated for the final time on May […]
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PNM sale of Four Corners draws fire as financial, environmental loser
Santa Fe New Mexican: Many environmental groups and other organizations say Public Service Company of New Mexico should get out of the pollution-spewing Four Corners Power Plant — but not the way the utility has proposed. PNM’s agreement to transfer its share of the coal-fired plant to Farmington-based Navajo Transitional Energy Co. is worse than […]
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Biden approves Vineyard Wind project, first major U.S. offshore wind farm
New York Times ($): The Biden administration on Tuesday announced its final approval of the nation’s first commercial-scale offshore wind farm, a major step toward President Biden’s goal of expanding renewable energy production across the United States. The Vineyard Wind project calls for up to 84 turbines to be installed in the Atlantic Ocean about […]
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First large-scale U.S. offshore wind farm could open by 2023
S&P Global Market Intelligence ($): Avangrid Inc.’s 800-MW Vineyard Offshore Wind Project appears on track to become the first large-scale U.S. offshore wind farm to enter service, with the developer expecting a final investment decision in the second half of 2021 and production of electricity to begin in 2023, executives said May 4. Avangrid’s 23-GW […]
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U.S. East Coast states planning for surge in offshore wind projects
S&P Global Market Intelligence ($): 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 […]
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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 […]
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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 $743 […]
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U.S. developer Sunrun expects residential solar-plus-storage to be the new standard
S&P Global Market Intelligence ($): 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 […]
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 viableOctober 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 […]