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Jun 03
Assembly Update - Energy Vote Today Print E-mail
Tuesday, 03 June 2008

from the Conservation Law Foundation:

RI BILL TO BOOST RENEWABLE ENERGY SET FOR FINAL VOTE TODAY BY GENERAL ASSEMBLY
 
A bill to boost investments in renewable energy projects by requiring utilities to sign long-term contracts with developers is set for a final vote by the General Assembly today. The Conservation Law Foundation (CLF), a New England environmental group that worked with utilities and legislators to write the new law, praised the bill as a “major step forward for the development of renewable energy in the region.”

Click on "More..." for more details from CLF.

Senate Bill 2849 and House Bill 7916 require utilities to use long-term contracts to meet a significant portion of the state’s renewable energy standard, which mandates 16 percent of the state’s electricity come from green power sources, like wind and solar, by 2020. Long term contracts are important to developers of renewable energy because they provide a long-term funding stream to support planned projects. The bill also requires National Grid, the state’s dominant electricity supplier, to procure 90 megawatts of electricity, about 7 percent of the electricity it provides to Rhode Island, from long term contracts for renewable energy.
 
“This bill will spark a new generation of renewable energy projects that will play a significant role in reducing greenhouse gas emissions in our region,” said Providence-based CLF staff attorney Jerry Elmer. “Only a year ago we were litigating against National Grid on renewable energy and today we’re pleased to stand shoulder to shoulder with them to support a pragmatic approach to developing wind, solar and other renewable energy projects.”
 
The bill is a result of over a year of negotiation between environmentalists, National Grid, renewable energy developers and legislators. In 2006 and 2007, CLF attorneys litigated in the Public Utilities Commission (PUC) against National Grid when the company submitted procurement plans for renewable energy that did not include long-term contracts. After nearly a year of negotiation in a PUC-mandated “Working Group,” a plan was developed that provided modest incentives to utilities to enter into long term contracts for renewable energy.
 
“National Grid and Rhode Island’s General Assembly are to be complimented for the constructive approach they have adopted on renewable energy,” added Elmer.
 
###
 
The Conservation Law Foundation (www.clf.org) works to solve the most significant environmental challenges facing New England.  CLF’s advocates use law, economics and science to create innovative strategies to conserve natural resources, protect public health and promote vital communities in our region.  Founded, in 1966, CLF is a nonprofit, member-supported organization with offices in Rhode Island, Maine, Massachusetts, New Hampshire, and Vermont.
 
 
--
Colin Durrant
Director of Communications
Conservation Law Foundation
direct: 617.850.1722 | mobile: 617.416.2187 | web: clf.org
 

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