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News
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LCG, May 16, 2019--South Field Energy LLC announced yesterday its groundbreaking for an 1,182-MW, combined-cycle electric generating facility in Columbiana County, Ohio. The natural gas-fired facility is scheduled to commence operations in mid-2021 and represents a $1.3 billion investment.
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LCG, May 10, 2019--Exelon Generation announced Wednesday that Three Mile Island Generating Station Unit 1 (TMI) will shut down by September 30, 2019. The Nuclear Regulatory Commission (NRC) had approved back in 2009 a 20-year extension for the nuclear energy facility through 2034.
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Industry News
Maine PUC Approves Agreement Supporting Off-Shore Wind Test Project
LCG, January 22, 2014--The Maine Public Utilities Commission (PUC) approved an agreement between the State and Maine Aqua Ventus to support Maine Aqua Ventus in its effort to receive a $50 million federal Department of Energy grant in May for an off-shore wind test project.
The University of Maine, the Maine construction firm Cianbro and the Nova Scotia-based energy company Emera, operating under the name Maine Aqua Ventus (MAV), are seeking to test two, 6-MW wind turbines approximately 2.9 miles off the southern coast of Monhegan Island in the Gulf of Maine. The test project potentially could be expanded to a 500 MW off-shore wind farm. The off-shore turbines would be connected to Monhegan Island and to the Central Maine Power (CMP) transmission grid at Bristol via undersea cables.
Under the term sheet approved by the PUC, CMP will purchase electricity produced by the two turbines at a cost likely higher than the market rate, with CMP ratepayers covering the higher cost. Final terms will be developed later this year and will require PUC approval.
"We appreciate that the PUC has seen the benefits of this project, long-term, not only for Maine but ... the impact it can have on the U.S. as a whole," said Habib Dagher, director of the Advanced Structures and Composite Center at University of Maine.
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