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By Robert Mullin Edison International is maneuvering to capitalize on California’s effort to meet its greenhouse gas emissions goals and encourage the use of distributed energy resources. The 2018-2019 rate case for subsidiary Southern California Edison will include a capital spending request “designed to help California achieve its low-carbon policy...
The New York State Energy Research and Development Authority is now the lead agency backing a proposed 90-MW offshore wind development south of Long Island. “Offshore wind is clearly a critical part to achieving Gov. [Andrew] Cuomo’s clean energy agenda of achieving 50% by 2030. The numbers offshore are huge,...
By Robert Mullin Pacific Gas and Electric’s second-quarter profits fell sharply because of a series of one-time costs — most related to the company’s natural gas business. Still, the company sees bright prospects for its electricity business as California moves to aggressively reduce greenhouse gas emissions and increase reliance on...
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...
By Robert Mullin An agreement between FERC and the U.S. Army Corps of Engineers could help spur the development of privately run hydroelectric resources at the Corps’ unpowered dams. The two agencies on Thursday signed a memorandum of understanding (MOU) to synchronize their processes to shorten permitting times, provide more...
As expected, SPP’s first summer since the Integrated System joined its system last year has resulted in a new record for peak load, as well as the RTO’s first two peaks above 50,000 MW. The RTO recorded a peak load of 50,083 MW at 4:35 p.m. July 20, surpassing that...
By William Opalka For the second time in seven months, FERC declined on Thursday to intervene in a renewable energy developer’s claims against Connecticut regulators (EL16-69). The commission declined to begin an enforcement action under the Public Utility Regulatory Policies Act on behalf of Allco Finance and its unit Windham...