Thursday, September 20, 2007

Pressing the Issue on Delaware's Energy Future

Earlier this week, I wrote that the Public Service Commission (PSC) was considering an order to require Delmarva Power and Bluewater Wind to present a power purchase agreement (PPA) by November 30. It didn't occur to me until after I read the text of Order 7287 that this represents an acceleration of the timeline the PSC set in August, which set December 31 as the deadline for a PPA.
As loyal readers learned last week, Delmarva Power adhered to the letter of the law, as it were, by presenting terms sheets as required by the PSC. The only thing missing from the agreement between Delmarva Power and Bluewater Wind was Delmarva Power's actual agreement to the agreement.
By moving up the deadline for presenting a PPA, the PSC seems to be forcing Delmarva's hand. Delmarva Power has an appeal filed that challenges the entire basis of the order directing the company to negotiate terms to bring wind power to Delaware. In the meanwhile, the PSC and the other agencies are condensing the timeline to force Delmarva Power to either negotiate a complete PPA by November 30 or proceed with its appeal of the order directing it to negotiate with Bluewater Wind.
I plan to present much more on Delmarva Power's corporate strategy and the public interest in the comong days. Stay tuned.


Anonymous Anonymous said...

Tom, also, my blog is Delaware Way, in hopes that you will make the correction.

8:11 AM, September 24, 2007  
Anonymous Anonymous said...

..on the next post up..

8:12 AM, September 24, 2007  
Blogger Tom Noyes said...

Whoops. Sorry Nancy. I fixed it.

8:17 AM, September 24, 2007  

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