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Northeast Utilities

Eversource moving into offshore wind

Eversource Energy is moving into the offshore wind energy picture in Massachusetts.

Critics: Baker hydropower bill could harm energy market

On its surface, Gov. Charlie Baker's bill to encourage large-scale adoption of hydropower by Massachusetts utilities appears to take a reasonable crack at reducing carbon emissions, a requirement of legislation passed in 2008. But critics have concerns.

Mass. Senate lifts solar cap as part of climate change bill

In an effort to help facilitate the state's goal of developing 1,600 megawatts of solar power by 2020, the Senate voted Thursday to raise the cap on the amount of solar power that can be sold back to the grid by consumers.

Eversource CEO’s pay on Healey’s radar

Attorney General Maura Healey on Tuesday called a utility company executive's compensation an "awful lot of money,"...
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Wholesale power prices down in January

Sharp declines in prices for natural gas helped push the average wholesale price for electricity in New England down nearly 60 percent last month over January 2014, according to ISO-New England, which oversees the region's power grid.

National Grid joins Eversource in power expansion effort

National Grid, the largest electric utility in Central Massachusetts, has joined Eversource Energy and two other energy firms as co-developers of a large-scale effort to expand existing pipeline infrastructure that will bring up to 1 billion cubic feet of natural gas to the region for electricity generation.

Northeast Utilities, NSTAR earnings grow

Northeast Utilities, which owns several utility companies, including NStar, reported first-quarter 2014 earnings of $236 million, or...

NU Sees Small Earnings Jump

Northeast Utilities, which merged last year with NStar, reported a slight jump in third-quarter earnings on Thursday to $209.5 million, or 66 cents per share, from $207.6 million in the third quarter of 2012.
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Can Hydropower Generate Support?

Should Massachusetts buy electricity from large Canadian hydropower facilities? Ask Christophe Courchesne of the Conservation Law Foundation, a group dedicated to environmental causes, and he says “the devil is in the details.” Ask Robert Rio of the business group Associated Industries of Massachusetts (AIM), and he uses the exact same phrase.

Record Energy Deal Draws Cape Wind Comparisons

The largest renewable energy procurement in state history, which involved the six Massachusetts electrical utilities teaming up to increase their buying power, will provide electricity at a fraction of the cost of Cape Wind.
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