The Maine Supreme Judicial Court delivered a victory on Tuesday for advocates of a transmission line that would connect renewable hydropower supply in Quebec with demand in New England. Fifty-nine percent of Maine voters had effectively voted down the New England Clean Energy Connect (NECEC) project via a referendum dubbed Question 1 in November 2021.…
Maine
Articles from Maine
Maine Moves to Purge Fossil Fuels from Pension Fund
Maine will no longer invest in companies with big oil and gas portfolios, making it the first state in the country to divest from the fossil fuel industry. Gov. Janet Mills last week signed into law a bill forbidding any state pension fund or annuity from making new investments in stocks or securities of the…
Companies, States Joining Aggressive Carbon Neutrality Plans
States across the nation and private companies continue to advance ambitious climate protection plans, with Amazon and Maine among some of the latest pledging carbon neutrality within 25 years.
Maine PUC Staff Report Says ‘No’ to All LNG Storage Proposals
In a draft order yet to be finalized, Maine Public Utilities Commission (PUC) staff argue for the rejection of all proposed liquefied natural gas (LNG) storage options recently presented to regulators.
Private Equity Firm Acquiring Ohio-Based Gas Natural and Subsidiaries
The energy-focused private equity firm First Reserve has agreed to acquire Cleveland-based Gas Natural Inc. and its five subsidiary companies for an all-stock deal worth $196 million in yet another utility merger.
LNG Storage The Answer, Developer Tells Maine Regulators
The Maine Public Utilities Commission (PUC) is weighing a proposal to create up to 1.3 Bcf of liquefied natural gas (LNG) storage capacity in the state to be used for peak shaving during times of high demand or natural gas supply constraints. Project backers say storage is cheaper than adding new pipeline capacity to the region.
Maine Regulators Vote For Pipeline Capacity Plan
Utility regulators in Maine approved a plan to support development of natural gas pipeline capacity — at ratepayer expense — to serve the state as long as other New England states join the effort.
Maine Regulator Staff Not Ready to Step Up For Pipeline Capacity
A Maine Public Utilities Commission (PUC) staff recommendation in an Examiner’s Report released Wednesday says there is no need for state regulators to enter into pipeline capacity contracts in order to support natural gas and power price stability — at least not for now.
Maine Governor Urges Prompt FERC Action On TGP’s Northeast Energy Direct
FERC should “move forward expeditiously” in its review of Tennessee Gas Pipeline Co. LLC’s (TGP) Northeast Energy Direct (NED) Project “to relieve New England’s natural gas capacity challenges,” Maine Gov. Paul LePage said in a letter posted on the Commission website last week.
Exelon, Summit Ask FERC For Waivers Over Atlantic Bridge
Call it an example of Goliath giving David a helping hand.