Clean Energy Finance Forum

Residents in Springfield, Massachusetts question the "green" light for a biomass facility in an area where many live with asthma.

Royal Dutch Shell Plc and EDP Renovaveis SA agreed to sell power from a wind farm they’re building in the Atlantic Ocean for a record-low price. The 804-megawatt Mayflower wind farm, located south of Martha’s Vineyard, will supply electricity to utilities in Massachusetts for $58 a megawatt-hour over the life of the contract.

The National Climate Bank Act introduced this year is based in part on successful projects in Connecticut and New York.

Rival developer teams filed formal proposals with Connecticut regulators to build massive new wind farms off New England’s southern coast, with the state having mandated that 40% of its electricity be generated from renewable sources within a decade’s time.

The Department of Energy Resources released its report on "the necessity, benefits and costs" of pursuing an additional 1,600 megawatts of offshore wind power, which the Legislature last year authorized but did not mandate, and concluded that it would be a good bet for ratepayers, the environment and the economy.

Nevada lawmakers on May 23 passed legislation to modernize how electric utility rates are set, directing the Public Utilities Commission to develop regulations enabling a performance-based regime.