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Legal & Regulatory

  • LS Power will examine its options in moving toward financing its $1 billion, 654 MW Gloucester natural gas-fired project in New Jersey after it did not receive a power purchase agreement under the state’s new gas-fired incentive program.
  • California lawmakers approved a bill that would increase the state’s renewable portfolio standard to 33% by 2020, up from 20%.
  • Idaho Power is working on a solar pilot project that could pave the way for more projects in the area.
  • Minnesota Power has submitted plans for its $157 million, 105 MW Bison 2 wind project in North Dakota to the Minnesota Public Utilities Commission.
  • The renewable energy sector saw a 66% surge in activity in 2010 largely due to activity in the U.S. because of government stimulus programs, according to PricewaterhouseCoopers.
  • The days of mobile phone battery death may be coming to an end as Signa Chemistry prepares to bring a hydrogen fuel cell that recharges mobile devices to the market this summer.
  • Last week’s Industry Current examined the parameters and enforcement of the Dodd-Frank Act. This week, the authors will discuss end-user exceptions, forward contracts and Dodd-Frank’s effects in the energy-swap market.
  • The U.S. Federal Energy Regulatory Commission is proposing to reduce the hurdles to getting mergers and acquisitions in the sector approved.
  • Financiers at Infocast’s Solar Power Finance & Investment Summit 2011 are split over the merits of the U.S. Department of Energy’s loan guarantee program for commercial-ready technologies.
  • Solar generation is in growth mode, but technology and a lack of federal renewable portfolio standards continue to dog the sector, according to panelists at Infocast’s Solar Power Finance & Investment Summit 2011 in San Diego, Calif.
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