Larry Chretien

May 2, 2023 | commonwealthmagazine.org | Larry Chretien |Stephen J. Woerner |Paul A. Hattis

THE HEALEY ADMINISTRATION made the best of a bad situation on Tuesday, issuing a draft of the state's fourth request for offshore wind proposals that reworks the failed third procurement, pushes forward with a modest wind farm expansion, and provides some increased flexibility to future bidders. The cloud hanging over this procurement is its predecessor, which looks as if it will turn out to be a bust.

May 2, 2023 | commonwealthmagazine.org | Larry Chretien |Stephen J. Woerner |Todd Brown

THE HEALEY ADMINISTRATION made the best of a bad situation on Tuesday, issuing a draft of the state's fourth request for offshore wind proposals that reworks the failed third procurement, pushes forward with a modest wind farm expansion, and provides some increased flexibility to future bidders. The cloud hanging over this procurement is its predecessor, which looks as if it will turn out to be a bust.

May 1, 2023 | commonwealthmagazine.org | Larry Chretien |Stephen J. Woerner |Jennifer Smith

CONNECTICUT IS CHANGING the way it regulates utilities, and the new approach has the companies and investors scared. The new approach, called performance-based regulation, is intended to compensate utilities based on how well they perform tasks rather than on how much money they spend. Many states, including Massachusetts, incorporate some element of performance into their rate-making, but only Hawaii has overhauled the entire rate-making process.