Library from Connecticut

United Illuminating buyer has multiple fraud and corruption cases In Europe

"We have five instances of international fraud and corruption," House said at the hearing, according to a transcript. "This authority would be derelict in its duties if it did not look into your past and assume it was possible that your future might resemble what you've done in the past." Before the hearing, Iberdrola answered questions from PURA about the fraud and corruption cases.
29 Oct 2015

Colebrook Wind Farm Ready To Go, Bringing State Into An Industry That Remains Controversial

BNE won't say how much they spent on Colebrook South, but the financing includes a $14.9 million construction loan from Webster, a $2 million loan from the Connecticut Green Bank and $5.6 million from a California bank tied to federal tax credits. Wind power doesn't pay for itself yet on the open market; rather, taxpayers and ratepayers make up the difference in bidding for contracts, in an effort to expand the technology.
16 Oct 2015

Regulators scuttle $3B merger of Iberdrola, UIL Holdings

Addressing a list of public benefits that Iberdrola outlined later in the merger proceeding, regulators called many of them "polite gestures" but overall insignificant compared to the size of the merger. The "list of additional conditions, separately and in total, are too little and too late. They are unquantifiable, have assigned values of zero and do not offer sufficient benefit for ratepayers."
1 Jul 2015

CT creeps toward electric grid 2.0

There is a complex, unwieldy, interconnected morass of concerns to consider. A top one is the rate structure that resulted in the large increases PURA approved earlier this month for Connecticut Light and Power. Others are the projected power crunch created by inadequate natural gas pipelines and the shutdown of several major power plants. There are questions about how best to integrate individual power systems, how to make electricity less polluting; and how to help utilities re-invent what they do.
30 Dec 2014

Malloy's billion-dollar clean energy push weathers federal court challenge

U.S. District Judge Janet Bond Arterton ruled Wednesday that Allco Finance both lacked standing in the case and failed to establish that Connecticut energy officials "fixed" wholesale power prices in approving the contracts. Thomas Melone, chief executive of Allco Finance, said Wednesday that he will appeal the decision to the U.S. Court of Appeals for the 2nd Circuit.
10 Dec 2014

Could initial offshore wind projects crash New England's REC market?

The circular logic of REC market fundamentals would have low REC pricing jeopardizing future development. As renewable energy project profit margins get squeezed, fewer projects will be built and forward REC prices would rebound as forward supply tightens.The worry is that offshore wind projects could break this self-correcting market logic in the New England Power Pool (NEPOOL).
14 Oct 2014


2014-09-23_20fairwind_20opinion_thumb In this ruling brought by residents near a proposed wind energy facility in Colebrook Connecticut, the court ruled the residents had fair opportunity to raise their concerns and ultimately sided with the state's energy siting council. The opening section of the decision is provided below. The full decision can be accessed at the document links on this page.
23 Sep 2014

Connecticut Supreme Court backs wind energy regulation

The Connecticut Supreme Court announced Monday a unanimous decision backing a state agency regulating wind energy, rejecting a challenge by opponents of a wind energy project. The court ruled 6-0 that a trial court was correct to dismiss appeals by opponents of the project by BNE Energy Inc. to build three wind turbines in Colebrook in northwestern Connecticut.
16 Sep 2014

Conservation group slams 'secret' work between governors, utilities

“The states and NESCOE are deliberately working out the details of this plan in secret, consistent with the view of one of NESCOE’s staffers that the plan should be ‘formulated behind closed doors’ because the ‘court of public opinion can be fickle and recalcitrant,’ ” Courchesne wrote, quoting an email from a NESCOE staff member to Executive Director Heather Hunt.
25 Jun 2014

Boost for Northern Pass partners?

The six New England governors, working with the New England States Committee on Electricity (NESCO) and regional grid operators, have launched a process under which Northern Pass partners may be able to acquire substantial ratepayer funding and eminent domain powers for the controversial plan to bring hydroelectricity from Quebec into New England.
24 Jun 2014
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