Environment

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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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With no plan for replacing Millstone, what are CT’s options?

Regardless of what the Connecticut legislature decides on Millstone, it won’t change some basic realities: One day the nuclear plant will close, and Connecticut doesn’t have a plan for that. The question of how to replace Millstone elicits all kinds of ideas. But parameters matter: Are we talking short-term, long-term, cleanly, at what cost to ratepayers? Continue Reading →

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Dominion still reluctant to open Millstone’s books

Dominion Energy signaled an intention Friday to play hardball with state energy officials by questioning the need to share financial data sought by Connecticut state agencies that are jointly assessing the economic viability of its Millstone nuclear power station, the biggest source of electricity in New England. Continue Reading →

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On CT’s budget, it turns out there may be a nuclear option

Call it a sign of desperation or a mark of creativity. One of the unconventional revenue-raising schemes considered by legislators in pursuit of an overdue budget would have Connecticut extract millions of dollars from Dominion Energy in return for legislation boosting the profitability of electricity generated by the company’s Millstone nuclear power plant. Continue Reading →

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