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

Calpine to Supply 400 Megawatts to PG&E

LCG, Oct. 18, 200--Calpine Corp. and Pacific Gas & Electric Co. have signed a two-year agreement under which the independent power producer will furnish PG&E with 400 megawatts of firm capacity beginning next July 1.

Calpine said the power would be produced by its Northern California generating facilities, which could include its new 500 megawatt Sutter Energy Center and its Geysers geothermal complex purchased from PG&E.

The contract is possibly the first between an independent power producer and a regulated utility since state regulators dropped the misguided ban against bilateral power supply contracts between California's three investor-owned utilities and merchant power companies.

"Calpine's entering into this agreement with PG&E clearly demonstrates how new merchant plants and open competition can provide Californians relief from high energy prices," said Bill Ross, manager of market development. "Two of Calpine's new energy centers in northern California will be entering production just in time to help alleviate anticipated energy shortages next summer."

The value of the PG&E deal was not disclosed.

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