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September 2, 2024

State and Local Policy

Eversource
Eversource Announces $500M Cut in Connecticut Investments
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.
Exelon
Exelon Focuses on ComEd, Other Rate Cases in Q1 Earnings Call
Exelon prioritized improving "our regulatory outlook in Illinois," CEO Calvin Butler said, after the state's Commerce Commission rejected ComEd's integrated grid plan for failing to meet core provisions of the Climate and Equitable Jobs Act.
Dominion Energy
OSW, Data Centers Loom Large in Dominion’s Outlook
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.
Duke Energy
NC Residents Criticize Duke’s Pace of Coal Retirements, Reliance on Gas in Carbon Plan
North Carolina residents called upon the Utilities Commission to address Duke Energy’s preferred carbon plan, criticizing its slow pace of coal plant retirements and increase in gas plants compared to other options.
Peretz Partensky, CC BY 2.0, via Wikimedia Commons
PSEG Sees New Market for Nuclear in AI, Data Centers
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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Audit Faults NY Renewables Office on Speed of Reviews
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. 
Shutterstock
New Jersey Opens 4th Offshore Wind Solicitation
The New Jersey Board of Public Utilities has opened its fourth offshore wind solicitation with a planned capacity of up to 4 GW.
Constellation Energy
Constellation Increases Costs of Proposed Everett Agreements
Constellation is requesting an increase in the cost-of-operation charges in its proposed agreements with Massachusetts gas utilities to keep the Everett LNG import terminal operating through the winter of 2029/30.
Shutterstock
NY Reaches Deals for 2.4 GW of Onshore Renewables

New York state has reached tentative contracts with developers proposing 24 land-based renewable energy projects totaling nearly 2.4 GW of capacity.

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IPF24: Moving Offshore Wind Beyond Contract Cancellations
Stakeholders look at how best to move on from offshore wind contract cancellations.

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