Wind and Solar to Comprise 50% of Global Generation by 2050?

July 24, 2018

According to a report from Bloomberg New Energy Finance (BNEF), wind and solar power may comprise 50 percent of global electricity generation by 2050. 65 researchers from BNEF assembled data on the evolving cost of clean energy technologies across the globe and put together the 150-page New Energy Outlook (NEO) 2018 report. The researchers predict […]

New Jersey adopts new Clean Energy Legislation

June 11, 2018

New Jersey is taking necessary steps to a green future by adopting the 2018 Clean Energy Legislation, increasing their renewable energy portfolio standards for the next 30 years. The end goal of this legislation is for New Jersey to source 50% of its energy from renewable sources, and achieve 2,000 MW of energy storage by […]

Trump Administration Orders Energy Department to Help Coal and Nuclear Power Plants

June 5, 2018

On Friday, June 1, President Trump ordered Energy Secretary Rick Perry to help coal and nuclear power plants by immediately halting their shutdown. According to the White House, these power plants are an important part of the United States’ energy mix and electric grid. The White House worries the country’s electric grid is at risk. The […]

Nevada Seeks to Deregulate its Energy Market

June 4, 2018

Nevada is seeking to deregulate its energy market for the second time in 30 years in hopes to reduce electricity rates for its citizens and businesses. Legislature preventing this may soon be passed, as a vote in 2016 was a landslide victory to appeal the previous deregulation effort in the 1990’s. The final vote for […]

Baker Administration Proposes Clean Peak Policy for MA

March 20, 2018

Last week, Massachusetts Governor Charlie Baker’s administration introduced a bill for a policy that would stipulate more use of clean energy during Massachusetts’ hours of peak demand grid. The policy represents an allocation of $1.4 billion toward climate change and environmental protection. The bill, Clean Peak Standard, would align with the state’s greenhouse gas reduction […]

MA DOER Releases Final Regulations for SMART Solar Program

February 22, 2018

In January, the Massachusetts Department of Energy Resources (DOER) released the final regulations for its Solar Massachusetts Renewable Target (SMART), a new solar program that eliminates and replaces the Solar Renewable Energy Credits (SREC) program. The SREC program allows investors to trade credits for their clean power on an open market. But SREC reached its […]

NSTAR Files New Electric Rates for Eastern MA

This week, Eversource Energy (formerly known as NSTAR) filed proposed basic service electric rates with the Massachusetts Department of Public Utilities (DPU) for large commercial and industrial customers in eastern Massachusetts (both northeastern and southeastern). The rates are effective starting April 1, 2018 and are for April – June. The proposed electric rates (subject to […]

ISO-NE Releases Results for Forward Capacity Auction for 2021-2022

February 9, 2018

Auction secures sufficient resources to meet demand at the lowest clearing price in five years ISO-NE’s headquarters in Holyoke, MA On Thursday, February 8, ISO New England Inc., the Regional Transmission Organization (RTO) serving New England, released the preliminary results for its 12th annual capacity auction (FCA #12). The auction is designed to procure resources […]

N.H. Denies M.A. Northern Pass—But Just a Temporary Setback?

February 2, 2018

On Thursday, the New Hampshire Site Evaluation Committee (SEC) denied an essential state permit to Northern Pass Transmission, a $1.6 billion Eversource project that would deliver Canadian hydropower to Massachusetts via a 192-mile transmission line. Massachusetts gave preliminary approval to the project as recently as last week. The committee argued the project failed to show […]

National Grid Seeks Natural Gas Rate Increase in RI

This week, National Grid, citing unusually low temperatures this winter, sought approval from the Rhode Island Public Utilities Commission for an increase in natural gas rates. Utilities in New England have had to increase rates because they did not stockpile enough supply to deal with the cold weather. Increases will cover the higher costs these […]