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December 6, 2024

Connecticut

South Fork Wind
Eversource Exit from OSW Drives Q3 Loss
Eversource Energy’s exit from the offshore wind business drove a $118 million loss in the third quarter of 2024, offsetting increased revenue from its electric and gas distribution business relative to 2023, the company told investors.
NECA
OSW Industry, Advocates See Hope in NE Multistate Procurement
Even as the offshore wind industry continues to struggle, stakeholders’ hopes have been buoyed by the recent multistate procurement in New England, they said during a webinar held by NECA.
Shutterstock
New England States Delay OSW Solicitation to Account for DOE Funding
Connecticut, Massachusetts, and Rhode Island have delayed their much-anticipated coordinated offshore wind solicitation by 30 days to account for the effects of the U.S. Department of Energy’s recent funding award.
Shutterstock
The Rocky Road to Performance-based Regulation in Connecticut
The ongoing feud between Connecticut utilities and their regulators has spilled over into the state's efforts to implement performance-based regulation for its electric utilities.
Northeast States Collaborative on Interregional Transmission
10 Northeastern States Sign MOU on Interregional Transmission Planning
Ten East Coast states signed a memorandum of understanding to set up a framework to coordinate interregional transmission planning and development.
© RTO Insider LLC
State Regulators Discuss Affordability, Utility Incentives at NEECE
Top utility commissioners from four New England states emphasized the need for regulatory innovation to preserve affordability amid the clean energy transition at the New England Energy Conference and Exposition.
Eversource
Eversource Announces $500M Cut in Connecticut Investments
Eversource announced plans to reduce its investments in Connecticut by about $500 million over the next five years because of the “negative regulatory environment” at the Public Utilities Regulatory Authority.
Ørsted
New England States’ OSW Procurement Receives 5,454 MW in Bids
The coordinated offshore wind procurements of Connecticut, Massachusetts and Rhode Island received a total of 5,454 MW in bids from four developers, falling short of the 6,000-MW solicitation cap.
World Resources Institute
WRI Webinar Examines How to Expand Grid-enhancing Technologies
With a major grid expansion on planning boards around the country, grid-enhancing technologies will be key to getting the most out of current and future systems, experts said.
© RTO Insider LLC
Utilities Facing Increased Scrutiny over Political Activities

Bribery scandals and concerns over reliability and the pace of decarbonization have caused increasing scrutiny of utilities’ political activities.


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