Connecticut Auction Cuts Clean Energy Costs -- and Offers a Greener Path for the Country
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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.
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