Renewable Energy New England, Inc., (RENEW) applauds Governor Dannel Malloy for supporting new statutory provisions that will expand the benefits of affordable renewable energy for Connecticut electricity customers. Those provisions, included in larger energy legislation Senate Bill 1138 and House Bill 6360, both of which recently achieved final passage in the legislature, will help encourage the development of new, affordable renewable energy in Connecticut and New England.
RENEW praises Senate President Donald Williams and House Speaker Brendan Sharkey, Energy & Technology Committee Co-Chairs Sen. Bob Duff and Rep. Lonnie Reed, Committee Ranking Members Sen. Clark Chapin and Rep. Laura Hoydick, the full membership of the House and Senate, and Department of Energy and Environment Protection (DEEP) Commissioner Daniel Esty for their leadership in expanding Connecticut’s nationally leading energy policies.
“A section of Senate Bill 1138 authorizes DEEP to enter into long-term contracts with renewable energy developers. Long-term contracting opportunities will enable the industry to make long-term investments and reduce the cost of RPS compliance for consumers. Across the country, renewable energy long-term contracts result in lower costs for consumers with the added benefit of drawing economic investments into states where the projects are located. The resulting projects stand to give the administration’s ‘cleaner, cheaper’ energy agenda a major advance.” said RENEW Executive Director Francis Pullaro.
The bill also gives the state the opportunity to coordinate its procurement of renewable energy with the other New England states following a resolution adopted at the 2012 meeting of the New England Governors’ Conference. The benefits from regional coordination will arise by capturing some of the economies of scale from larger renewable energy projects and, in the years ahead, potentially facilitating additional intra-regional transmission capacity to deliver the energy from those resources.
Utility-scale wind projects in particular have been highlighted in recent analyses for the New England States as the leading solution to meet New England’s collective renewable energy goals. Large scale wind resources are clean, cost-effective and enhance the reliability of our region’s bulk power system.
To help ensure Connecticut receives the economic development benefits of having those projects sited in the state, House Bill 6360 contains a provision to facilitate the adoption of wind siting regulations that have been drafted by the Connecticut Siting Council. Adoption of the regulations will allow wind project developers to submit new applications to build projects in the state.