ABB_id2059
in News Departments > Policy Watch
print the content item

Gov. Dannel P. Malloy, D-Conn., has unveiled a draft comprehensive energy strategy for Connecticut that is intended to create jobs, lower energy costs and provide improved environmental protection.

Although the plan focuses heavily on increasing natural-gas usage, it also calls for expanding energy-efficiency programs and the use of renewable energy. The government will re-examine the state's renewable portfolio standard (RPS) - which currently calls for 20% renewable energy by 2020 - with an eye toward increasing both the RPS and the mix of renewable energy options.

The state's Department of Energy and Environmental Protection will also aim to increase distributed generation and use economic incentives - such as reverse auctions, the Connecticut Green Bank and power purchase agreements - to lower the costs of renewable energy.

The plan’s stated goal is to "promote a portfolio of alternative energy technologies that can compete with existing fossil-fuel generation over time.”

Combined, the governor's new energy strategy is expected to generate at least 10,000 jobs, according to Malloy's office. The draft is currently open for public comment and can be accessed here.

Hybrid Energy Innovations 2015

Trachte_id2056
Latest Top Stories

The Song Remains The Same: AWEA Says Stable Policy Can Protect U.S. Wind Investment

Although the U.S. wind industry added more than four times the amount of wind in 2014 compared with 2013, predictable policy is needed to sustain its long-term success.


High Net-Worth Investors Claim 'All Of The Above' On Energy, Renewable And Otherwise

According to a recent Morgan Stanley poll, high-dollar investors favor investment in renewable energy technologies, such as wind and solar.


U.S. Wind Power Installations Surpassed 4.7 GW Last Year, Although China Still Leads

Bloomberg New Energy Finance reports that U.S. wind installations came back in a big way from a disappointing 2013.


IRS Specifies Performance, Quality Standards For Small Wind Turbines

The Internal Revenue Service (IRS) recently issued guidelines creating safety and performance standards for small wind turbines to be eligible for the 30% investment tax credit.


Hot Times North Of The Border: Canada Tops Previous Record For Installed Wind Capacity

For the second consecutive year, Canada's wind market has bested the country's previous mark for new installations.

Hybrid Energy Innovations 2015