Offshore Wind Projects Receive Boost from Massachusetts and Biden Administration

LCG, March 31, 2021--The Governor of Massachusetts signed legislation last Friday that authorizes the state to direct utilities to purchase an additional 2,400 MW of offshore wind energy by 2027.

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NV Energy's Greenlink Nevada Transmission Project Approved by PUCN

LCG, March 25, 2021--The Public Utilities Commission of Nevada (PUCN) on Monday approved proceeding with NV Energy's Greenlink Nevada transmission and renewable energy initiative. NV Energy's planned investment in Greenlink is over $2.5 billion.

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Industry News

Point Beach Operations Taken Over by New Firm

LCG, Aug. 9, 2000--Wisconsin Electric Power Co. said on Tuesday it has transferred operating authority of its Point Beach Nuclear Plant to the new Nuclear Management Co. effective yesterday. Under the agreement, the utility will maintain ownership of the plant, located near Two Rivers, Wisc.

The 30-year-old Point Beach has an output of 1,022 megawatts, about 30 percent of Wisconsin Electrics total.

Nuclear Management was formed by a group of Midwestern utilities to take over operations of their nuclear power plants when it became apparent that ownership by a utility of one or even two reactors was both economically and operationally impractical.

"Having (Nuclear Management) oversee operations of Point Beach, as well as the other nuclear plants, makes good business sense," said Richard Grigg, president and chief operating officer of Wisconsin Electric. "Customers will benefit from the enhancements provided by (a) team focused solely on nuclear plant operations and applying best practices."

Nuclear Management has assumed, or will assume, operational authority for Kewaunee, located in Kewaunee, Wisc., and owned by Wisconsin Public Service Corp., Alliant Energy Inc. and Madison Gas & Electric Co.; Duane Arnold Energy Center, located in Palo, Iowa, and owned by Alliant Energy, Central Iowa Power Cooperative and Corn Belt Power Cooperative; Monticello, located in Monticello, Minn., and owned by Northern States Power Co.; and Prairie Island, located in Welch, Minn.,and also owned by Northern States.

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