QUICK NEWS, July 30: PIPELINE BUILDER REJECTS KEYSTONE DEAL; COLORADO XCEL TO RE-EVALUATE NET METERING; JERSEY STOPS OFFSHORE WIND FOR COST

PIPELINE BUILDER REJECTS KEYSTONE DEAL ON COST TransCanada Rebuffs EPA’s Call for Keystone Clean Energy

Jim Snyder & Jim Efstathiou Jr., July 18, 2013 (Bloomberg News)

“The U.S. Environmental Protection Agency says TransCanada Corp. (TRP) should be required to buy renewable power to run pumps along the route of its proposed Keystone XL pipeline, a measure the company said is unworkable and unnecessary…The EPA, in an April filing with the State Department, also said the U.S. should work with Canada to promote technology to capture and store underground the carbon-dioxide emissions generated in the production of Canadian oil….The State Department is reviewing the $5.3 billion project because it crosses an international border. TransCanada first applied for a permit for the project in 2008…” click here for more

click to enlarge

Tweet

COLORADO XCEL RE-EVALUATES NET METERING ON COST Colorado's Xcel Energy Signals For Change Of Direction On Net Metering

25 July 2013 (Solar Industry)

“…In filing its 2014 Renewable Energy Standard (RES) compliance plan with the Colorado Public Utilities Commission (CPUC), Xcel Energy says it intends to add 42.5 MW of new generation in 2014, including 24 MW of on-site (“small”) solar and 6.5 MW of community solar through the company’s Solar*Rewards program…The RES compliance plan also asks the CPUC to identify clearly the incentives provided to solar customers associated with [Net Energy Metering (NEM)]. The utility says NEM incentives ultimately are paid by non-solar customers across Xcel Energy’s service territory in Colorado…[and] the utility is requesting that the solar customers’ net costs - the benefits they receive less the costs Xcel Energy avoids as a result of their solar systems - be clearly spelled out…” click here for more

click to enlarge

Tweet

JERSEY STOPS OFFSHORE WIND ON COST New Jersey BPU rejects offshore wind project

Chris Mondics, July 21, 2013 (Philadelphia Inquirer)

“New Jersey utility regulators dealt a setback…to [the proposed Fishermen's Energy Atlantic City wind farm] off the beaches of Atlantic City, saying they were not satisfied that the project's economic benefits would outweigh the added cost of wind energy…The Board of Public Utilities voted unanimously to accept a staff finding that the [25 megawatt] project's costs would not be offset by environmental benefits along with added jobs and investment in the region…” click here for more

click to enlarge

Tweet