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The Pros' Picks: 5 Stocks to Sell or Avoid

The Pros' Picks: 5 Stocks to Sell or Avoid
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Dangerous Maui Tsunami Roulette

Dangerous Maui Tsunami Roulette
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PUC to take closer look at Hawaiian Electric's interconnection processes, fossil fuel retirement plans

Dive Brief:
Hawaii s Public Utilities Commission last week opened a new docket to take a closer look at Hawaiian Electric s (HECO) interconnection processes and plans to retire fossil fuel power plants, after status conferences hosted by the regulators last year highlighted concerns around unnecessary delays and rising project costs.
Hawaiian Electric s alleged lack of transparency around its interconnection processes creates the potential for a significant setback to renewable energy development in this State, the PUC said in an order, adding that the delays could also jeopardize plans to retire a 180 MW coal-fired plant in Oahu, as well as the reliability of Oahu s grid. ....

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