September 28, 2024

Avangrid

Worldview Films via Vineyard Wind
Vineyard Wind 1 Generates its First Power
Vineyard Wind 1 generated its first power for New England, sending about 5 MW of electricity to the grid via its interconnection point on Cape Cod.
Shutterstock
Lights out for Avangrid’s PNM Acquisition

Avangrid has pulled the plug on its proposed $8.3 billion acquisition of PNM Resources, as final approval for the deal remains tied up at the New Mexico Supreme Court.

Avangrid
FERC Orders Settlement Procedures on NY Utilities’ Tx ROE Filing
FERC ordered two New York utilities into settlement procedures over their proposed 10.87% ROE on upgrades to meet the state’s renewable energy goals.  
NECEC
Maine Ethics Commission Resolves Probe of NECEC Foes
Maine’s ethics watchdog has resolved alleged campaign finance law violations surrounding the controversial New England Clean Energy Connect project.
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Avangrid to Pay $615K for NERC Violation Penalties
Avangrid's $615,000 penalty stems from violations of NERC's facility ratings standards.
South Fork Wind
Conn. Seeks Proposals for Onshore, Offshore Renewables
The Connecticut Department of Energy and Environmental Protection launched two new clean energy solicitations Oct. 27.
Vineyard Wind
Vineyard Wind 1 on Track to Produce Power by Year’s End

The 806-MW project’s construction is about 60% complete, with the offshore substation, 15 array cables, 25 monopiles and two turbines already installed.

Shutterstock
Settlement over PJM Elliott Penalties Receives Broad Support
Several generation companies have submitted comments supporting and opposing a proposed settlement to reduce the $1.8 billion PJM assessed against market sellers for underperforming during Winter Storm Elliott by 23%.
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Park City Wind to Cancel PPAs, Exit OSW Pipeline
Avangrid announced an agreement with two Connecticut electric distribution companies to terminate power purchase agreements for its Park City Wind proposal, the latest in a series of setbacks for offshore wind in New England.
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In the Fight Over Maine’s Utilities, the Future of the State’s Energy Transition Goes to Voters
The outcome of November’s vote could have major implications on Maine's ability to rapidly decarbonize.

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