Connecticut Auction Cuts Clean Energy Costs -- and Offers a Greener Path for the Country
Connecticut has driven down the costs that customers will incur for their public utilities' clean-energy purchases through an innovative reverse auction. The newly-launched program is the first of its kind, but there's a congressional proposal with language directing the Energy Department to set up reverse, renewable-energy auctions on a nationwide basis.
The legislation has languished in the current Congress, but it will be back -- and its sponsor can now point to the promising outcome in Connecticut, where Democratic Gov. Dannel Malloy has led a charge for "cheaper, cleaner, and more reliable" electricity.
