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

CFTC Issues Subpoena for Energy Bids

LCG, Apr. 23, 2003--Bids made by Reliant Resources Inc. through the California Independent System Operator (ISO) in the summer of 2000 are being sought by the Commodities Futures Trading Commission (CFTC), which issued a subpoena to the grid operator.

The ISO released a notice to market participants yesterday that included the subpoena, and stated that it plans to provide the CFTC with the bid data from the requested period, June 18 through June 25, 2000. The federal agency said it wishes to obtain arrangements between Reliant and the ISO for out-of-market sales, and day-ahead, hour-ahead, and real-time market bids.

Although the CFTC lacks the power of prosecution, it has met with representatives of the U.S. Attorney's office in houston, which has charged El Paso Corp. and Dynegy Inc. in cases of alleged reporting of fabricated trades. The ISO will provide the information outlined in the subpoena on May 1, the market notice said.
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