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New York Announces 1,700 MW of New Offshore Wind Projects and 70 Percent Renewables Requirement by 2030

LCG, July 22, 2019--The Governor of New York announced last Thursday that the State has executed the nation's largest offshore wind agreement - totaling approximately 1,700 MW - in U.S. history. The Governor also signed the Climate Leadership and Community Protection Act (CLCPA), which includes a mandates of 9,000 MW of offshore wind by 2035, 70 percent renewable energy by 2030, plus a Zero-Carbon Emission Electric Sector by 2040.

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Georgia PSC Approves Georgia Power's 2019 IRP

LCG, July 18, 2019--The Georgia Public Service Commission (PSC) has unanimously approved Southern Company subsidiary Georgia Power's 2019 Integrated Resource Plan (IRP), which was submitted in late January.

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Industry News

Indonesia to Deregulate Electricity Transmission

LCG, October 1, 2002-The world's fourth most populous country will permit private companies to purchase electricity transmission assets.

Indonesia's Mines and Energy Minister Purnomo Yusgiantoro announced today that private investment will be allowed so long as the state companies lack the financial strength to develop power projects.

According to current law, private investors can own power generators in Indonesia but cannot disrupt the state power monopoly on transmission and distribution.

It was not announced whether or not companies interested in investing in Indonesian transmission will have to work with or pay fees to the country's state transmission monopoly, Perusahaan Listrik Negara.

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