Town Square: Hawaii's Energy Future

Aug 10, 2017

Hawaii’s path to a clean energy future has been decades in the making and it continues to takes turns and twists. By now you probably know that in 2015,  the state became the first in the nation to require a 100% renewable energy standard. Today on Town Square, we’ll look at the road to Hawaii’s renewable energy future and what portfolio may comprise it.    

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The number of permits for rooftop residential photo voltaic systems has been cut nearly in half for Hawaii Island and almost a quarter for Oahu compared to this time last year.

Now that the Public Utilities Commission has rejected the NextEra acquisition of HECO, what’s next for our electric utilities? Pacific Business News Editor in Chief A. Kam Napier has more.

Last Friday, the PUC gave its long-awaited answer to whether or not Florida-based NextEra Energy could buy the three utilities currently owned by Hawaiian Electric Industries.

Wayne Yoshioka

Update: NextEra Energy and Hawaiian Electric have announced termination of plans to merge. In a statement form NextEra, Chairman Jim Robo said “As a result of the PUC’s order, we have terminated our merger agreement”.

Under the terms of the merger agreement, NextEra Energy will pay Hawaiian Electric Industries a $90 million break-up fee and up to $5 million for reimbursement of expenses associated with the transaction.  

Molly Solomon
Molly Solomon

No Deal for NextEra

Late Friday afternoon, Hawai‘i’s Public Utilities Commission rejected the proposed merger between NextEra and the Hawaiian Electric Companies.

Wayne Yoshioka

The Public Utilities Commission concluded 8 days of testimony and cross-examination relating to the merger of the state’s largest electrical utility.   HPR’s Wayne Yoshioka has a summary of this week’s proceedings.

Wayne Yoshioka

In his last report, HPR’s Wayne Yoshioka presented the Solar Industry’s opposition to new state energy rules.  Today, the regulating agency that made the changes and the court challenge to have them overturned.

Wayne Yoshioka

Installing residential solar-energy systems is at its peak this time of year as homeowners try to cash in on end of year tax incentives.   But as HPR’s Wayne Yoshioka reports, the industry has taken a number of hits recently that have already reduced demand.  

Wayne Yoshioka

The Hawai’i Public Utilities Commission started nearly two weeks of hearings today on the proposed sale of the state’s largest electricity provider.   HPR’s Wayne Yoshioka reports.