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

‘Green’ Power Firm Offers 8-cent Electricity

LCG, Aug. 16, 2000--A 16-month-old all-renewable generation firm called Tenderland Power Co. said yesterday it was offering a 8 cents per kilowatt-hour flat retail rate for electric generation to customers of San Diego Gas & Electric Co.

Thats more than SDG&E customers are used to paying, but since May they have been hit with charges ranging from 13 cents to 18 cents per kilowatt-hour.

Tenderland says that because of anticipated commissioning of renewable generation projects capable of generating enough power for approximately 60,000 residential and commercial customers, Tenderland is able to guarantee the eight cent flat electric generation rate for one year, beginning October 1. The flat rate plan will remain for five years with the rate set in advance for each year of the plan, the company said.

By October 1, summer will be over in most of California, and wholesale prices on the California Power Exchange, where SDG&E must buy the electricity it delivers to its customers, will likely have returned to normal.

Tenderland sees the current power price crisis in southernmost California as an opportunity, and has adopted the role of savior. "With the anticipation of our new generation sources coming on line, we are compelled to actively offer an alternative solution to the energy problems facing San Diegans," explained Ken Keddington, chief financial officer for Tenderland Power. "Additional renewable generation is the answer to the supply and demand problem facing San Diego residents and businesses as well as the remainder of the state's population."

Tenderland said the offer is limited to the first 60,000 new residential and commercial customers who sign up, and a waiting list will be enacted for new customers in excess of this number pendingthe companys securing additional renewable generation resources.

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