Mass. Nixes State-Based Clean Energy Contracts Rule

Law360, New York (June 11, 2010, 6:16 PM EDT) -- A controversial Massachusetts rule requiring utility companies to sign long-term contracts for renewable energy only with Massachusetts-based firms has been dropped by regulators in the wake of a legal challenge from TransCanada Corp.

The rule, which was designed partially to drive business to the Cape Wind project of the coast of Massachusetts, was abandoned by the Department of Public Utilities Wednesday.

The department used a provision inserted into the rule when it was approved by the Legislature allowing the rule to be suspended if it became...
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