Maine
Barely three months after it was launched, New York’s fifth offshore wind solicitation has its first casualty.
A proposed transmission project to relieve transmission constraints in Maine has received a major boost with the U.S. Department of Energy’s announcement of an up-to $425 million investment in the project, but challenges still remain.
Increasing electricity prices must be met with a greater effort to reduce peak loads and protect low- and moderate-income ratepayers, several Northeast utility regulators said at Raab Associates’ New England Electricity Restructuring Roundtable.
Ten East Coast states signed a memorandum of understanding to set up a framework to coordinate interregional transmission planning and development.
Top utility commissioners from four New England states emphasized the need for regulatory innovation to preserve affordability amid the clean energy transition at the New England Energy Conference and Exposition.
Iberdrola is moving to acquire the 18.4% stake in Avangrid that it does not already own in a $2.55 billion deal.
With the days of endless cheap hydropower in Québec coming to an end, and the Northeastern U.S. hoping to rapidly scale up intermittent renewables, the two regions may be forced to fundamentally reconsider the role of hydropower on the grid.
Representatives from states working on the Northeast States Collaborative on Interregional Transmission spoke about the young effort, particularly about offshore wind connections.
Maine voters decisively rejected a proposed public takeover of the state’s for-profit electric transmission and distribution infrastructure.
Speakers at Raab Associates’ New England Electricity Restructuring Roundtable emphasized the importance of transmission planning to ensure the grid can handle increased amounts of variable clean energy and higher demand from electrification.
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