News Stories
Sponsored by Earth Etch. Regulatory insight and compliance solutions for today’s energy markets.
Long-Term Contracts Approved ofr Sale of RECs ot Six Generation Projects
The Maine Public Utilities Commission issued an order awarding long-term contracts for the sale of energy, or energy and renewable energy credits (RECs), to six generation projects.
“Staff has now contacted all bidders that were awarded a contract, and therefore, any bidder that has not been contacted by the Commission did not receive an award.”
As background, MEPUC-initiated docket to solicit proposals for energy or RECs produced by qualifying distributed generation resources for contracts with utilities. Bidders selected will enter a contract with one or both of Maine’s investor-owned utilities— Central Maine Power Company (CMP) and Versant Power (Versant)
Order (10/10/2024)
2023-00335 (Opened 12/28/2023)
Commission Initiated Request For Proposals For Energy Or Renewable Credits From Distributed Generation Resources Pursuant To P.L. 2023 C. 411

