Mike Cardew/Beacon Journal The FirstEnergy Building is pictured in October 2020 in Akron. The power plant bailout law included what experts call a distorted version of decoupling that guaranteed utility’s revenue regardless of a downturn in electricity demand. When the coronavirus pandemic struck last spring, energy use patterns were among the many things it upended. As … [Read more...] about How Ohio’s controversial HB 6 law pandemic-proofed utilities’ revenue
Renewable
Vermont needs to find ways to pay for meeting its climate goals, report says
Cobbling together existing funding and programs isn’t going to cut it, state utility regulators warn in a new report. Vermont won’t be able to make a serious dent in its transportation and heating emissions unless state leaders come up with significant new revenue sources. That’s the conclusion of a report released this month by state utility regulators, whose … [Read more...] about Vermont needs to find ways to pay for meeting its climate goals, report says
EDFR Expands into C&I Market with EnterSolar Acquisition
EDF Renewables North America (EDFR), a developer in the renewable energy sector, has acquired 100% of EnterSolar, a national provider of distributed generation solar solutions to corporate commercial and industrial (C&I) customers. EDF Renewables previously held a 50% interest in EnterSolar in a strategic partnership they announced in September 2018. As a wholly-owned … [Read more...] about EDFR Expands into C&I Market with EnterSolar Acquisition
SunPower Expands Residential Installation Program
As demand for solar increases across the country, SunPower, a solar technology and energy services provider, has unveiled plans to expand its SunPower Residential Installation (SPRI) program this year. SunPower plans to launch SPRI presence in seven new markets across six states by the end of Q2. SPRI enables local companies and entrepreneurs to create or expand their solar … [Read more...] about SunPower Expands Residential Installation Program
ECO to Construct First Jones Act Compliant, ABS Class SOV
Edison Chouest Offshore (ECO), a provider of marine transportation solutions, says it will engineer, construct and operate the first U.S.-flagged Jones Act offshore wind farm service operation vessel (SOV) ever ordered will be built to American Bureau of Shipping (ABS) Class. ECO says the SOV will be utilized for long-term charter to service the planned Revolution Wind, South … [Read more...] about ECO to Construct First Jones Act Compliant, ABS Class SOV