A first-of-its-kind plan to deliver offshore wind power to electricity users has been blowing in the wind. But developers seeking coveted ratepayer subsidies are re-imagining it as a New Jersey-only project, rousing new interest from government policy-makers.
As Southern Californians prepare for summer, Southern California Edison (SCE) is asking customers to be especially conservation-minded to help keep the electric grid stable and reliable during hot weather when energy use spikes, particularly without the power generated from the San Onofre nuclear plant.
Late last Friday, Florida Governor Rick Scott signed SB 1472 into law. The new law attempts to clamp down on the state's controversial nuclear cost recovery payment scheme that allows utilities to charge customers in advance for proposed new nuclear power generation.
Central Hudson Gas & Electric (CHG&E) should be able to maintain its stable credit profile based on an initial review of the provisions included in the approved merger between CH Energy Group and Fortis, according to Fitch Ratings.
One year after San Diego Gas & Electric (SDG&E) energized and put into service the 117-mile Sunrise Powerlink transmission line linking San Diego to the renewable-rich Imperial Valley, the positive impact of this infrastructure project is enormous not only to the San Diego region, but also to the state of California.
Fitch Ratings has updated its global criteria report for rating thermal power projects. Fitch's thermal criteria applies to a broad range of projects including newly constructed or existing, gas-fired or coal-fired, individual or portfolio, fully contracted or merchant projects.