Avangrid
Attendees of the New England-Canada Business Council’s 26th annual energy conference discussed U.S.-Canada trade and the growth of renewables.
The Energy Bar Association’s Mid-Year Energy Forum featured a debate over FERC Order 1000 and a discussion of return on equity incentive adders.
Avangrid earnings jumped more than 25% year-over-year in the 3rd quarter, mainly driven by increased gross margins for renewables and new transmission rate plans.
Maine regulators suspended hearings on Central Maine Power’s New England Clean Energy Connect HVDC transmission line.
Avangrid on Monday said its first quarter (Q1 2018) earnings rose slightly on new rate plans and rising output from its wind fleet, and the company highlighted its growing opportunities in renewable energy — particularly offshore wind.
Avangrid lost $77 million in the fourth quarter after taking a one-time charge related to the sale of its gas units, but the company is sharpening its focus on its core businesses.
Massachusetts has selected Central Maine Power's transmission project as the alternative to Northern Pass for the state’s clean energy solicitation.
Three developers have submitted proposals in response to the Massachusetts solicitation for up to 800 MW of offshore wind energy.
Avangrid Q3 earnings fell 9% to $99 million on weaker-than-expected wind production, which the company said was partially offset with improved operations.
Representatives of companies that submitted clean energy tx projects made pitches at Raab Associates’ New England Electricity Restructuring Roundtable.
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