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

Midwestern Service Territories to Join PJM

LCG, Apr. 2, 2003--The three commissioners of the Federal Energy Regulatory Commission signed a conditional order allowing American Electric Power Co. Inc. and Exelon Corp. to transfer transmission grid assets to the control of the PJM Interconnection LLC.

The two utilities sought the transfer, and were responding in part to FERC's order and related incentives concerning membership in a regional transmission organization. The earliest date at which control can be transferred is May 1. The transfer will be conducted in phases, and was thought by the commissioners to be a step towards reducing overlapping, or "pancaked" charges for transmission services. FERC believes that competition will be encouraged by lower barriers to supplier participation in wholesale markets.

FERC's order, in dockets ER03-262 and ER03-263, states that AEP must provide evidence to support new rates it will instate after becoming part of PJM. FERC ordered the utilities to submit descriptions of the affected assets within 30 days.

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