Energy

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Lawmakers urge reversing clean-energy cuts, but lack budget fix

A coalition of legislators and energy-efficiency advocates pledged Tuesday to work to restore at least some of the roughly $175 million stripped from green programs in the new two-year state budget. But none identified offsetting spending cuts or revenue increases. Continue Reading →

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Solar is again the flashpoint in CT’s new energy strategy

The final version of Connecticut’s new energy strategy and the bills that would implement it are before the legislature. So is a controversy that has dogged the plan since it was first released – solar policy. Continue Reading →

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State says Millstone will get a final chance to prove it needs relief

State energy officials recommended Thursday that the Millstone nuclear power station be allowed to offer further evidence of financial distress as part of a new procurement process that could enhance the profitability of Connecticut’s biggest source of zero-carbon electricity. Continue Reading →

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CT’s clean energy edge: Going, going . . . or coming back?

Connecticut, once a national leader in clean and renewable energy and energy efficiency, has slipped behind many other states, including its neighbors. Most of the finger-pointing is at the state’s budget problems and questionable choices by the legislature. But the state may have started to lose its energy edge before then. The question is, can it get it back? Continue Reading →

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State says more data necessary to assess Millstone’s viability

A long-awaited assessment of the energy market released Monday by the state Department of Energy and Environmental Protection and the Public Utilities Regulatory Authority does not resolve questions about the economic viability of the region’s biggest provider of carbon-free electricity, the Millstone nuclear station at Waterford. State officials say they need more information from its owner, Dominion Energy. Continue Reading →

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Malloy, environmentalists blast Trump proposal to open North Atlantic to drilling

WASHINGTON — The Trump administration on Thursday proposed opening most of the nation’s offshore areas to oil and gas drilling, including areas in the North Atlantic off the New England coast that have been off limits to exploration for decades. That move was roundly denounced by environmental groups, and coastal governors including Dannel P. Malloy. Continue Reading →

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CT’s preliminary conclusion: Millstone profitable through 2035

State energy officials concluded in a preliminary report released Thursday that the Millstone nuclear power station in Waterford will be profitable through 2035, undercutting its owner’s assertion that Connecticut must change how its electricity is sold or face the early retirement of New England’s largest source of carbon-free power. But they reached no conclusions on whether the profits represent a sufficient return on investment for the owner, Dominion Energy. Continue Reading →

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Malloy signs Millstone bill, then questions its need

Gov. Dannel P. Malloy signed a bill Tuesday that allows the state to enhance the profitability of Dominion Energy’s Millstone nuclear power plant in Waterford, while pointedly asserting that Dominion has not convinced his administration any such help is warranted. Continue Reading →

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Millstone bill passes House, goes to governor

After blocking similar bills over two years, the House of Representatives voted 75 to 66 for final passage Thursday of a measure variously derided as a windfall for a major energy company and praised as a responsible first step toward stabilizing the finances of Connecticut’s last nuclear plant. Continue Reading →

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House sends veto-proof, bipartisan budget to Malloy

With the final flourish of a veto-proof margin, the House of Representatives voted Thursday to give final legislative passage to an overdue, bipartisan budget crafted without the direct involvement of Gov. Dannel P. Malloy. Continue Reading →

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Green Bank says the budget plan would effectively shut it down

The Connecticut Green Bank – an international model for funding clean energy projects – says it would have to shut down under the latest budget proposal. The bank says it would lose essentially 100 percent of the funding it uses to leverage much larger amounts of private financing. Continue Reading →

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Oh, another wrinkle on budget deal: Millstone’s profitability

One of the non-fiscal elements of the tentative budget deal calls for the House Democratic leadership to allow a vote on a bill designed to improve the profitability of Connecticut’s last nuclear power plant, Millstone, the subject of an epic lobbying campaign by its owner, Dominion Energy. Continue Reading →

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DEEP taking heat on its proposed changes to solar policy

Provisions in the Connecticut Comprehensive Energy Strategy that would drastically limit the number of solar systems people and businesses can put on their roofs and could change the payment structure for excess electricity those systems generate have riled the state’s solar industry and those who support it. Continue Reading →

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