Daily Archives: March 10, 2022

GlobalFoundries Gonna Try Again For That Thing They Say They Don’t Need

Hey, remember when the state Public Utility Commission ruled against GlobalFoundries’ request to become its own electricity provider? Well, the PUC gave the company until March 11 to come back with a new filing.

For those keeping score at home, that’s tomorrow.

And yes indeed, I’ve been told that GlobalFoundries will file for reconsideration by the PUC despite the fact that it had insisted it would go ahead with its plan without PUC approval.

In its February ruling, the PUC said it had the authority to grant GF its independent status, but not to give GF an exemption from Vermont’s renewable energy standards. After the ruling, GF said it would go ahead without that exemption because meeting the RES targets would be no problem.

I guess the overlords of Essex have had a change of heart. Which isn’t too much of a surprise, since they’ve done that before.

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