Connecticut
ISO-NE
Backed by a new process conducted by the New England states, ISO-NE is moving forward with a request for proposals to build new transmission that would bring wind to market from Northern Maine.
South Fork Wind
Eversource Energy’s exit from the offshore wind business drove a $118 million loss in the third quarter of 2024, offsetting increased revenue from its electric and gas distribution business relative to 2023, the company told investors.
Dominion Energy
Dominion Energy reported net income of $953 million in the third quarter this year, as it continued to see load growth from data centers, progress on its offshore wind project, and infrastructure damage from Hurricane Helene.
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The ongoing feud between Connecticut utilities and their regulators has spilled over into the state's efforts to implement performance-based regulation for its electric utilities.
Northeast States Collaborative on Interregional Transmission
Ten East Coast states signed a memorandum of understanding to set up a framework to coordinate interregional transmission planning and development.
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Top utility commissioners from four New England states emphasized the need for regulatory innovation to preserve affordability amid the clean energy transition at the New England Energy Conference and Exposition.
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.
World Resources Institute
With a major grid expansion on planning boards around the country, grid-enhancing technologies will be key to getting the most out of current and future systems, experts said.
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New England policymakers and stakeholders must not overlook the need for electric affordability in the energy transition, officials from Massachusetts, Rhode Island and Connecticut told attendees of the New England Power Generators Association’s fifth annual New England Energy Summit.
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Representatives from states working on the Northeast States Collaborative on Interregional Transmission spoke about the young effort, particularly about offshore wind connections.
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