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Community Engagement
The Santee Cooper Board of Directors on Dec. 4 approved $1.2 billion in spending for 2024, including $556 million in non-fuel operations and maintenance costs and $665 million in capital spending for 2024, as part of its annual budget review for the utility.
Bonds and Financing
Fitch Ratings has assigned a rating of AA- to the approximately $16 million in revenue bonds issued by the Massachusetts Municipal Wholesale Electric Company for the MMWEC Master Sergeant Alexander Cotton Memorial Solar Project.
Environment
The U.S. Department of Energy and Tennessee Valley Authority recently announced that they have signed a memorandum of understanding to provide DOE’s Oak Ridge National Laboratory and the Y-12 National Security Complex in Oak Ridge, Tennessee, and potentially other federal facilities in TVA’s service territory, with 100% locally supplied carbon emissions-free electricity by 2030.
Distributed Energy Resources
The Department of the Interior on Dec. 8 announced $5.65 million in funding for the Gila River Indian Community in Arizona to construct and install solar panels over the Casa Blanca Canal. The Gila River Indian Community Utility Authority “is honored to be working with the community, Department of
Transmission
New York Gov. Kathy Hochul on Dec. 13 announced the completion of the Central East Energy Connect transmission project, which involves an upgrade of transmission lines to relieve congestion and enable integration of more renewable energy into the state power grid. Central East Energy Connect is a
Electricity Markets
On the morning of December 11, Texas public power utility Lubbock Power & Light finished connecting the remaining 30% of its system to the Electric Reliability Council of Texas.
Generation
Illinois Gov. J.B. Pritzker on Dec. 8 signed into law a bill that lifts the moratorium on new construction of small modular reactors in Illinois and establishes regulatory guidelines.
Disaster Response and Mutual Aid
Lineworker crews from Nashville Electric Service and Clarksville, Tenn., worked through the weekend to restore power to customers after a tornado and thunderstorms swept across Tennessee on Saturday.