Hawaiian Electric urges competitive bidding for JERA’s 500-MW Oahu LNG plant plan
Reuters2026/08/12 00:26Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Hawaiian Electric pushed back on JERA’s no-bid push to build a 500-MW Oahu plant tied to imported LNG infrastructure.
- Called for a PUC-run competitive procurement to test price and need, warning a multibillion-dollar sole-source deal could raise costs.
- PUC told Hawaiian Electric to continue long-range planning on Oahu firm-generation needs; an Aug. 5 letter flagged 500 MW as premature.
- JERA plans to seek approvals in Q1 2027; permitting and PUC and FERC processes could take years, delaying any potential bill savings.
- Backed LNG only if a PUC-supervised study shows customer benefits; urged competitive bidding for LNG supply to offset infrastructure costs.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. HEI - Hawaiian Electric Industries Inc. published the original content used to generate this news brief on August 11, 2026, and is solely responsible for the information contained therein.
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