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FERC is taking the rare step of holding a special open meeting May 13, a Monday, to vote on a proposal to overhaul its transmission planning and cost allocation rules.
Ørsted
Maryland will allow its lone remaining contracted offshore wind developer to seek higher compensation and other changes for the wind farms it is proposing off the Delmarva Peninsula.
Siemens Energy
Siemens Energy has begun a multiyear restructuring of its wind power business, which has temporarily halted sales of certain onshore turbine models due to quality control problems.
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The Vermont Legislature has approved a bill that would update the state’s Renewable Energy Standard and move it toward 100% renewable electricity by 2030.
ACP
Nearly 5.6 GW of new solar, wind and storage capacity was added in the United States in the first quarter of 2024, the American Clean Power Association reported.
Eversource
Eversource announced plans to reduce its investments in Connecticut by about $500 million over the next five years because of the “negative regulatory environment” at the Public Utilities Regulatory Authority.
Dominion Energy
Dominion expects to start installing monopiles for the Coastal Virginia Offshore Wind project between May 6 and 8, CEO Robert Blue told analysts during the company’s first-quarter earnings call.
Ørsted
Ørsted charted a path forward from the industry’s recent turmoil as it released its first-quarter financial results.
Peretz Partensky, CC BY 2.0, via Wikimedia Commons
PSEG is looking to use excess capacity at its three South Jersey nuclear generators to provide clean energy for data centers and AI development projects, CEO Ralph LaRossa said in the company’s first-quarter earnings call.
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The New York state office created to expedite permitting of large-scale renewable energy development should offer a better accounting of how long permitting takes, an audit concludes.
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