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

Government to Make 'Green' Power Mandatory

LCG, Oct. 5, 2000Stephen Byers, the British secretary for trade and industry, was expected to tell electric companies in the United Kingdom today that they must increase their use of renewable energy sources by almost seven times within 10 years or face stiff fines.

About 3 percent of Britain's power can currently be said to be from so-called renewable sources, and half of that comes from large hydroelectric facilities, which would be excluded under Byers' manifesto.

The proposals would require that the companies increase the portion of their power portfolios represented by wind power, solar energy, landfill gas and small hydro facilities of less than 10 megawatts from a national average of 1.5 percent to 10 percent by the year 2010.

Half of that goal would have to be reached by 2005.

Byers plan, which would replace a modest existing non-fossil obligation, would include a certificate trading mechanism under which companies with a surplus of green generation could sell credits to those with a shortage.

Electricity suppliers unwilling to meet Byers' goals would pay a penalty of 3 pence (about 4 cents U.S.) per kilowatt-hour.

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