Tag:Coal-Fired Plant

1
The Energizer – Volume 94
2
The Energizer – Volume 92
3
Washington State Legislation May Facilitate Cost Recovery for Coal Plant Retirement

The Energizer – Volume 94

By: Buck B. EndemannDaniel S. CohenMolly K. BarkerNatalie J. ReidMatthew P. ClarkNathan C. HoweMaeve C. TibbettsOretha A. Manu

There is a lot of buzz around clean technology, distributed energy resources (DERs), microgrids, and other technological innovations in renewable energy and clean transport industries, and how these developments can contribute to solving longstanding environmental justice issues. As these innovations develop, energy markets will undergo substantial changes to which consumers and industry participants alike will need to adapt and leverage. Every other week, K&L Gates’ The Energizer will highlight emerging issues or stories relating to the use of DERs, energy storage, emerging technologies, hydrogen, and other innovations driving the energy industry forward.

IN THIS ISSUE: 

  • Apex Clean Energy and Plug Power Enter PPA to Power Largest Wind-Supplied Green Hydrogen Plant in the Nation
  • Cybersecurity Legislation Advances to Senate
  • First in Nation’s Local Natural Gas Ban is Upheld in Federal Court
  • Midwestern Coal Plants Continue to Close Under Market Pressures

The Energizer – Volume 92

By: Buck B. EndemannDaniel S. CohenMolly K. BarkerNatalie J. ReidMatthew P. ClarkNathan C. HoweMaeve C. TibbettsOretha A. Manu

There is a lot of buzz around clean technology, distributed energy resources (DERs), microgrids, and other technological innovations in renewable energy and clean transport industries, and how these developments can contribute to solving longstanding environmental justice issues. As these innovations develop, energy markets will undergo substantial changes to which consumers and industry participants alike will need to adapt and leverage. Every other week, K&L Gates’ The Energizer will highlight emerging issues or stories relating to the use of DERs, energy storage, emerging technologies, hydrogen, and other innovations driving the energy industry forward.

IN THIS ISSUE: 

  • Connecticut Passes Legislation Targeting 1 GW Energy Storage by 2030
  • FERC to Establish Federal-State Task Force Addressing Electric Transmission Issues
  • NRG Energy Announces Retirement of Three More Coal-Fired Facilities
  • IKEA and Rockefeller Foundations Pledge $1 Billion to Support Distributed Energy Development

Washington State Legislation May Facilitate Cost Recovery for Coal Plant Retirement

With a partial veto from Governor Inslee on April 1, 2016, Washington State has enacted legislation that may help Puget Sound Energy (PSE) recover costs associated with the decommissioning and remediation of its interest in the Colstrip coal-fired plant, which is located southwest of Billings, Montana. PSE owns half of the older two units of the Colstrip plant.  Engrossed Substitute Senate Bill (SB) 6248 expressly authorizes the Washington Utilities and Transportation Commission (WUTC), after a hearing, to allow a utility to “to place amounts from one or more regulatory liabilities into a retirement account” for decommissioning and remediation costs for the older two units.  Thus the WUTC now has the express authority to allow PSE to use certain tax credits to help cover decommissioning and remediation costs at the Colstrip plant instead of returning those tax credits to customers over time.

Read More

Copyright © 2024, K&L Gates LLP. All Rights Reserved.