Sunday, March 9, 2014
The university-led venture competes with a former partner for millions of dollars and a leg up in an emerging industry.
Some environmental groups, however, have questioned whether the region is best served by becoming more dependent on the fuel.
Even if this winter’s tight supply is overlooked, industry changes threaten to keep prices high and stall the alternative to heating oil.
Spectra Energy wants to switch to south-to-north transport to bring the sorely needed fuel to New England and Canada from New York and Pennsylvania.
When it comes to a regional policy, the states' chief executives have a once-in-a-generation chance to get it right.
The company had asked for a bigger, 10.4 percent increase, but the PUC cut their request.
Their first-of-its-kind plan calls for projects to expand transmission lines and gas pipeline capacity in the region by 20% in three years.
Under the legislation, the state would study solar power’s financial value and set goals for certain amounts of generation.
The PUC approves a power contract for a pilot project off Maine, a key step after efforts were sidetracked.
Regulators will decide soon whether to allow the 10% jump, which the company blames on extreme cold and high demand.