NV Energy 2.3-cent solar contract could set new price record ; Power price plunge prompts Maine regulators to reconsider offshore wind project; ISO-NE implements 'pay-for-performance' capacity market incentives; Gates, Bezos jump into storage via Breakthrough Energy VC fund
All five commissioners stayed silent when a senator asked if they believe security threats mean DOE should subsidize struggling coal and nuclear generators.
The utility's proposed power purchase agreement beats an Arizona project that GTM Research previously said was the cheapest solar contract in the nation.
The decision is a setback for the Maine Aqua Ventus project. The terms of the power contracts were agreed to more than four years ago, and prices have plummeted since.
The billion dollar venture capital fund has identified storage as one of five key investment areas and has chosen startups Quidnet Energy and Form Energy as two of its initial investments.
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