October 6, 2024

Avangrid

Revolution Wind
Offshore Wind Power Boosts Revenue for Ørsted
Ørsted, the largest OSW developer in the world, reported that earnings from its offshore wind business hit an all-time high in the first quarter of 2023.
NECEC
New England Clean Energy Connect Wins Court Battle
A jury ruled Avangrid can resume construction of the New England Clean Energy Connect, potentially voiding a voter referendum to block the $1 billion line.
CAISO
Western EIM Expands to Texas
Three new entities joined CAISO's Western Energy Imbalance Market, including El Paso Electric, which expanded the market into Texas for the first time.
© RTO Insider LLC
Overheard at the 2023 NECA Renewable Energy Conference
Maria Robinson, director of DOE’s Grid Deployment Office, gave an update on the work her team has been doing to allocate a great deal of funding from the IIJA.
Avangrid
Avangrid Pushes Forward on NECEC, Offshore Wind, PNM Merger
Avangrid announced Wednesday that its net income increased 16% in 2022 over 2021 but projected flat financials in 2023.
Mahopac Volunteer Fire Department
NY PSC Accepts $2.75M NYSEG Settlement over Gas Leak Fire
New York regulators approved a $2.75 million settlement with New York State Electric and Gas over a gas leak that led to a fire last February.
Jim Richmond, CC BY-SA 2.0, via Wikimedia Commons
FERC Resolves NextEra-Avangrid Dispute over Seabrook Circuit Breaker
FERC settled a dispute between NextEra Energy and Avangrid over whether the former should be responsible for upgrading a circuit breaker at Seabrook.
Shutterstock
Financial Concerns Continue for Major Northeast OSW Projects
Two major offshore wind power developers are warning again of economic problems with projects off the New York and New England coasts.
Shutterstock
Mass. DPU Orders Commonwealth Wind Project to Continue
Massachusetts regulators denied Avangrid’s request to back out of PPAs for the 1,200-MW Commonwealth Wind project it committed to build off the state’s coast.
The White House
Passage of the IRA Reshapes US Clean Energy Transition
The biggest clean energy story of 2022 was passage of the Inflation Reduction Act, rising improbably from the ashes of President Biden’s Build Back Better Act.

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