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

Black Hills Sells Output of Two Small New Plants

LCG, March 21, 2001--Black Hills Energy Ventures, the independent energy business unit of Black Hills Corp., said yesterday it has secured long-term contracts for the output of its new 40 megawatt gas-fired combustion turbine and 90 megawatt coal-fired power plants under construction near Gillette, Wyo.

The company said Cheyenne Light, Fuel & Power Co. will take all 40 megawatts from the gas turbine peaking facility under 10-year contract beginning this September. The plant is scheduled to begin commercial operation in June and will sell power into the regional wholesale market until the contract goes into effect.

Most of the power from the coal-burner has been contracted for by Cheyenne Light under another 10-year arrangement. The Municipal Electric Agency of Nebraska has signed a 10-year contract for the majority of the balance.

Daniel P. Lundguth, Black Hills Corp. chief executive, said "The contracts identify substantial revenue streams that provide sufficient cash flow to service expected debt and lease payments while yielding attractive returns on investment. In addition, coal production will increase at our Wyodak mine as a consequence of operating the new power plant, augmenting its economic contribution to Black Hills Corp."

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