Maine regulator able to invest in transmission & generation
Emera has invested more than $1 billion dollars in the State of Maine. The MPUCÂ’s decision provides confirmation of EmeraÂ’s ability to pursue future investments in Maine.
“We appreciate the clarity provided by the Commission and respect its decision, and the accompanying conditions,” said Chris Huskilson, President and CEO, Emera Inc. “The MPUC’s approval allows us to continue to invest in existing and developing clean energy projects in Maine.”
Emera has invested a total of $225 million in Northeast Wind Partners. The partnership, which is a joint venture with First Wind, includes 419 MW of operating wind projects. The partnership was originally approved in 2012, but subsequently appealed. The Maine Supreme Court asked the MPUC to reapply the law in accordance with a test established by the Court. [The recent] written decision confirms the approval.
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The Crown says the new record is 3,520 megawatts. It’s an increase of 50 megawatts over the previous record, or enough electricity for 50,000 homes.
“We’ve seen both summer and winter records set every year for a good while now. And if last summer is any indication, we could very well see another record before temperatures cool off heading into the fall,” said SaskPower Vice President of Transmission and Industrial Services Kory Hayko in a written release. “It’s not impossible…
