Atlantic City Electric's (ACE) draft structure of an offshore wind set-aside, or “carve-out”, within New Jersey’s Renewable Portfolio Standard (RPS), which calls for 1000 MW by 2012 and 3000 MW by 2020.
The law directs the Board of Public Utilities (BPU) to establish an offshore wind renewable energy certificate (OREC) program to support at least 1,100 MW of generation from qualified offshore wind projects. The law authorizes the NJ Economic Development Authority (EDA) to provide up to $100 million in tax credits for qualified wind energy facilities in wind energy zones.
The Minority Report refutes claims made in the Majority Report, and concludes that the Power Purchase Agreement (PPA) between Bluewater Wind and Delmarva Power (DPL) is in the public interest and deserves the approval of the Delaware General Assembly.
Pursuant to the Green Communities Act of 2008, the Department of Energy Resources' (DOER's) final rules for the Massachusetts Renewable Energy Portfolio Standard (RPS)-Class I require all retail electricity suppliers to provide at least 15% of kilowatt-hours (kWh) sales to end-use customers in Massachusetts from eligible renewable energy resources by 2020.
Garden State Offshore Energy's (GSOE) draft structure of an offshore wind set-aside, or “carve-out”, within New Jersey’s Renewable Portfolio Standard (RPS), which calls for 1000 MW by 2012 and 3000 MW by 2020.
This Fiscal and Policy Note analyzes the state fiscal effect and policy framework of the proposed Maryland Offshore Wind Energy Act of 2012. Over a five-year period, the Public Service Commission's (PSC) anticipated administrative expenditures would amount to $3.4 million, which would be covered by a special assessment fee between fiscal years 2013-2016. State expenditures on electricity would increase to $3.57 million in fiscal year 2017.
The order approves the joint petition of Fitchburg Gas and Electric Light Company d/b/a Unitil, Massachusetts Electric Company and Nantucket Electric Company d/b/a National Grid, NSTAR Electric Company, Western Massachusetts Electric Company, and the Department of Energy Resources (DOER) for a proposed timetable and method of soliciting and executing long-term contracts for renewable energy.
The Governors' Wind Energy Coalition urges the US Congress to pass a multi-year extention of the wind production tax credit.
In this Order, the Department of Public Utilities (DPU) approved National Grid's petition to enter into a power purchase agreement (PPA) with Cape Wind for the purchase of 50% of the output of the Cape Wind project. DPU denied National Grid's petition to approve a second power purchase agreement (PPA) with Cape Wind for the remainder of the project's output, ruling that approval of a second contract at this time would serve no clear purpose. Under the approved Cape Wind contract (PPA-1), National Grid agrees to purchase the energy, capacity, and renewable energy credits associated with the project for $187 per MWh for 15 years, escalating annually by 3.5%. The total amount of generation from the Cape Wind contract is expected to equal roughly 3.5% of National Grid's total distribution demand.
Package of materials contains: a) petition of National Grid in support of the filing of the two power purchase agreements (PPA) between National Grid and Cape Wind Associates, LLC with the Department of Public Utilities (DPU) on May 10, 2010 pursuant to Section 83 of the Green Communities Act; b) motion of National Grid to suspend the application of the jurisdictional boundaries clause of section 83 of the Green Communities Act and associated regulations; c) motion of National Grid for protective treatment of confidential information; and, d) pre-filed direct testimony and supporting exhibits of witnesses in support of the filing.