Jan. 4, 2018 Dominion-SCANA deal could rest on next move by South Carolina lawmakers; New Jersey nuke subsidy measure unlikely to see vote in lame-duck session; California grid operator 'reluctantly' announces it will become its own reliability coordinator; Maintaining a fair market through price formation reform
The deal is contingent on the usual regulatory approvals, but would require South Carolina lawmakers to step back from efforts to limit how much the utility can charge customers for the failed V.C. Summer nuclear project.
California ISO said it made the decision to manage reliability in-house because of the likely departure of the Mountain West Transmission Group from Peak Reliability, CAISO's current coordinator.
State utility regulators are mulling a draft order that would lower customer rates by roughly 2% and seems to usher in a new era of regulation in the state.
Regulators say the company must address all impacts to private water wells and submit a detailed operations plan for moving forward before resuming operations.
Federal regulators signed off on the Mountaineer XPress and Gulf XPress projects last month. TransCanada also said its Leach XPress pipeline became operational Jan. 1.
Wind and solar are now competitive with legacy power resources, but analysts expect state RPS laws will continue to drive growth for both renewable leaders and laggards.
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