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By William Opalka and Rich Heidorn Jr. With only hours to go at the end of its session, the Massachusetts legislature Sunday night passed a major energy bill that boosts Canadian hydropower and offshore wind as sources to meet the state’s clean energy goals. Legislative negotiators worked through the weekend...
By Ted Caddell and Rich Heidorn Jr. NASHVILLE, Tenn. — Exelon’s Constellation Energy Resources unit is buying Consolidated Edison’s retail energy business as it continues its efforts to hedge against falling wholesale power prices. Constellation’s purchase of the retail division of ConEdison Solutions will give it another 560,000 residential, commercial...
Electricity Price Plunge Continues in ISO-NE ISO-NE said that prices and consumption remained low throughout New England in June. The six-state region’s average real-time, monthly wholesale power price during June was $21.24/MWh, up 8.3% from June 2015’s average price of $19.61/MWh, but lower than May’s $21.29, which held the record...
By William Opalka MARLBOROUGH, Mass. — New England states are moving ahead with their own greenhouse gas reduction programs while EPA’s Clean Power Plan remains in legal limbo. At the Northeast Energy and Commerce Association Annual Environmental Conference on Wednesday, panelists said that the nine-state Regional Greenhouse Gas Initiative remains...
Mary Beth Gentleman, a former co-chair of the energy practice at law firm Foley Hoag and current Hillary Clinton volunteer, said that the presumptive Democratic nominee for president would likely have coattails if elected, resulting in a switch to a Democratic-controlled U.S. Senate, but a takeover of the U.S. House...
By William Opalka After more than two contentious years of ordering ISO-NE and the New England Power Pool to design sloped zonal demand curves for its constrained zones, FERC last week accepted a compliance filing that does that and also modifies the systemwide demand curve. The changes will be effective...
Govs. Speak Against Artificial Island Cost Allocation Maryland Gov. Larry Hogan and Delaware Gov. Jack Markell stepped up their complaints that the cost allocation for New Jersey’s Artificial Island nuclear project disproportionately affects customers in their states. The two held a news conference at a waterfront restaurant on their states’ border,...
By William Opalka NEW YORK — Whether the view is from PJM, which sits atop the Utica and Marcellus shale gas formations, or ISO-NE, at the “end of the pipeline,” the so-called “dash to gas” shows no sign of abating, speakers said Friday at the Energy Bar Association Northeast Chapter’s...
By William Opalka Two generation owners on Friday petitioned FERC to block New England states’ efforts to have electric ratepayers underwrite the cost of expanded natural gas pipelines (EL16-93). NextEra Energy and Public Service Enterprise Group said the proposals by state regulators to release natural gas capacity to electric distribution...