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

Texas Commission May Fine Enron Unit $7 Million

LCG, June 4, 2002--The Texas Public Utilities Commission recommends that Enron unit Enron Power Marketing(EPMI) be fined for its hand in electricity market manipulation.

The Texas Commission asserts that EPMI took part in various manipulative measures, such as artificially generated electricity shortages caused by "enormous overscheduling."

Enron must respond to the possibility of a $7 million fine within 30 days.

Other companies under investigation in the Texas electricity market, which saw a major deregulatory step January 1, include American Electric Power, Mirant, Reliant Energy, and TXU.

Texas regulators say that overestimated demand and scheduling mismanagement have led to high prices and $29 million in overpayments.

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