In 2022, Connecticut’s economy was ranked 23rd in the United States in gross domestic product (GDP). The state’s economy is dependent on the financial services, insurance, agriculture, fishing, manufacturing, and tourism industries.
In 1998, Connecticut enacted a Renewable Portfolio Standard, which requires all utilities sell 44% of their electricity from renewable energy by 2030.
In 2008, Connecticut joined Delaware, Maine, New Hampshire, New Jersey, New York, and Vermont in the Regional Greenhouse Gas Initiative, a market-based collaborative to reduce greenhouse gas emissions.
Power Generation Capabilities
In May 2023, utilities used natural gas (60.4%), nuclear energy (34.1%), and renewable energy (5.5%) to generate electricity in Connecticut. Solar and biomass are the dominant types of renewable energy used to generate electricity in Connecticut.
In May 2023, the average cost of residential electricity in the state was 31.32¢ per kWh, compared to the national average of 16.14¢ per kWh.
Recent renewable energy developments in Connecticut include:
- 804 MW Offshore Project – Spanish utility Iberdrola is continuing work on the Park City Wind project, which is located 23 miles south of the Massachusetts coast. Connecticut utilities, Eversource and United Illuminating have signed power purchase contracts with the offshore wind project, which is forecast to be commissioned in 2026.
- 704 MW Offshore Wind Project – Danish power company, Ørsted and Connecticut electric utility, Eversource are continuing work on the Revolution Wind project, which is located 32 miles southeast of the Connecticut coast. The project will provide 304 MW to the Connecticut grid and 400 MW to the Rhode Island grid. The project is forecast to be commissioned in 2025.
- 120 MW Solar Project – In December 2021, American renewable energy company, E. Shaw Renewable Investments commissioned the Gravel Pit Solar project at a site approximately 10 miles northeast of Hartford.
- 16 MW Solar Project – In November 2020, American energy company, NextEra Energy commissioned the Wallingford Renewable Energy solar project at a site approximately 25 miles southwest of Hartford.
- 5 MW Agrivoltaic Project – In June 2023, Greenskies Clean Energy commissioned an agriculture and solar energy project at a site approximately 35 miles southwest of Hartford.
In 1995, Connecticut’s utilities used renewable energy to generate 1.1% of the state’s electricity. In May 2023, Connecticut utilities used renewable energy to generate only 5.5% of the state’s electricity.
Connecticut has two major offshore wind farms, which are under construction. However, these two wind farms will only generate only 5% to 10% of Connecticut’s annual electricity requirements.
Will Connecticut achieve its Renewable Portfolio Standard of selling 44% of their electricity from renewable energy within the next six years (2030)? In my opinion, the Constitution State’s renewable energy aspirations are only green fantasies!
Website – “Our Energy Conundrum”
Jack Kerfoot is a scientist, energy expert, and author of the book FUELING AMERICA, An Insider’s Journey and articles for The Hill, one of the largest independent political news sites in the United States. He has been interviewed on over 100 radio, podcast, and television stations from New York City to Los Angeles on a diverse range of energy issues.