Connecticut Funds 34 MW of New Renewable Energy Projects

The Connecticut Clean Energy Fund (CCEF), a ratepayer fund administered by Connecticut Innovations Inc. (CI), has forwarded three renewable energy projects to the state’s two major electric utilities.

This is the first of a series of steps in Project 100, an innovative program created by the Connecticut General Assembly to develop 100 MW of renewable energy generation to benefit Connecticut consumers. This legislation was created because renewable energy projects are difficult to finance without long-term contracts. “This legislation creates a strong viable market for energy generated by clean and renewable-energy technologies,” said Lise Dondy, Connecticut Clean Energy Fund’s Chief Operating Officer. “In doing so, it supports the advancement of an industry vital to our economy, our environment and our quality of life and serves as a national model for the country.” The two companies, the Connecticut Light and Power Company (CL&P) and the United Illuminating Company (UI), will review the CCEF’s recommendations and perform additional analysis leading to long-term Power Purchase Agreements with the projects’ owners. Under the 2003 state energy act, Connecticut’s two major utilities are required to enter into long-term power purchase agreements with developers to purchase a minimum of 100 MW of Class I renewable energy. After review by several working committees, projects representing a diversity of fuel sources and technologies include a 15 MW biomass project by GDI Renewable Power in Watertown; a 4 MW fuel cell project by PPL Energy Services Holding LLC in Wallingford, and a 15 MW wind project by enXco. The installation of 34 MW will generate enough clean energy to power about 25,000 average size homes in Connecticut.
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