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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

California Bill Clarifies Merchant-Utility Interaction

LCG, Apr. 30, 2003--A bill now in the California senate that is sponsored by Sen. Joe Dunn, D-Santa Ana, will likely be modified by amendments that put more emphasis on competitive wholesale power sales, while ending direct access for customers.

Some representatives, such as Sen. Debra Bowen, D-Marina del Rey, the chair of the Senate Energy Committee, have said that SB 888 will deter new private investment. The bill, of which Bowen is a co-author, would encourage long-term contracts rather than the spot market, and prevent the state's major utilities from selling off their remaining power generation.

The Independent Energy Producers Association's spokesman has stated that the SB 888 does not agree with state agencies' current planning for future market operations, and is based on political motivations. While customers who contracted directly with energy sellers would not be allowed to renew their contracts if the bill were to go into law, power consumers such as refineries, which are often served by on-site cogeneration plants, could maintain the arrangements they have.

One amendment states that "direct investment in electric generation plants isn't the exclusive method for electrical corporations to fulfill their obligation to serve retail customers at just and reasonable rates." A vote is anticipated on SB 888 next week, after legislators have considered the amendments.
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