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NorthRenew Energy's Mesquite Sky Wind Project Commences Construction

LCG, January 21, 2021 -– NorthRenew Energy (“NorthRenew”) announced today that Clearway Energy Group (“Clearway”) achieved construction commencement on the Mesquite Sky Wind Project, f/k/a Baird North Wind Project (“Mesquite Sky”), initially developed by NorthRenew and sold to Clearway in 2019. Following the sale in 2019, NorthRenew continued to assist Clearway with final development and pre-construction services.

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Minnesota Power Announces Vision for 100 Percent Carbon-Free Energy by 2050

LCG, January 13, 2021--Minnesota Power, an ALLETE company, yesterday announced its vision to deliver 100 percent carbon-free energy to customers by 2050.

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Industry News

Maryland Retail Electricity Price Caps to End in June

LCG, Apr. 7, 2004--Maryland's plan to open the retail electricity market to price competition will begin to affect the bills of some residents and businesses starting at the end of June, with utilities already having inked contracts for those who opt not to sign up with new suppliers, and which will provide competing suppliers a price to beat.

Significant retail increases are expected when price caps end, based on estimates by the Maryland Public Service Commission (PSC). Each of the four electric power utilities serving the state, including Baltimore Gas and Electric Co., is experiencing higher costs for natural gas. Businesses that purchase power from BG&E will likely pay 17% to 20% more, although residential customers of BG&E will still be protected by price caps until July, 2006.

Potomac Electric Power Co. commercial customers could find their bills going up by up to 35%, the PSC said. The hope of the PSC is that competitive bidding eventually will result in savings for customers, compared with what might have resulted with traditional regulated service, provided exclusively by utilities.
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