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Disaster Response and Mutual Aid
National Oceanic and Atmospheric Administration National Weather Service forecasters at the Climate Prediction Center are predicting above-normal hurricane activity in the Atlantic basin this year, NOAA said on May 23. NOAA’s outlook for the 2024 Atlantic hurricane season, which spans from June 1 to
Reliability
Guam Power Authority will receive funding from the Department of Energy’s Office of Electricity for a microgrid project.
Distributed Energy Resources
The New York Power Authority has pre-qualified 79 private developers and investors to collaborate with NYPA on the development of renewable energy generating projects, including solar photovoltaic, wind, battery storage, green hydrogen, geothermal, and related transmission.
Bonds and Financing
Fitch Ratings recently assigned a “AA-“ rating to bonds issued by the city of Eugene, Ore., on behalf of the Eugene Water and Electric Board.
Reliability
The American Public Power Association and the National Rural Electric Cooperative Association are voicing concerns about the potential negative effects on the reliability of the country’s electric grid resulting from a proposed rule by the U.S. Environmental Protection Agency to address the 2015 8-hour ozone national ambient air quality standards.
Bonds and Financing
The U.S. Department of Treasury and Internal Revenue Service recently released guidance that updates and expands on a 2023 notice that provided draft proposed rules for qualifying for the domestic content bonus for certain energy tax credits.
Distributed Energy Resources
The U.S. Department of Energy is seeking proposals with the intent to buy renewable energy credits from Tribes. The DOE effort is being led by the Western Area Power Administration.
Generation
A growing number of U.S. electric utilities are eyeing the potential of utilizing nuclear power to meet the data center power demand needs.