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Recently in Public Power Current
New Mexico investor-owned utility TXNM Energy on May 19 announced an agreement under which Blackstone Infrastructure will acquire TXNM Energy for $61.25 per share in cash upon closing, reflecting a total enterprise value of $11.5 billion, including net debt (excluding securitization debt) and preferred stock.
The Turlock Irrigation District, a California public power utility, has signed an implementation agreement to join the Extended Day-Ahead Market, which the California Independent System Operator is launching next spring, CAISO said on May 19.
The House of Representatives recently approved by voice vote H.R. 1001, legislation providing for a memorandum of understanding (MOU) to address diminishing hydropower production at the Glen Canyon Dam in Arizona.
The U.S. Energy Information Administration expects U.S. hydropower generation will increase by 7.5% in 2025.
For the first time, ISO New England has issued detailed predictions for electricity consumption and peak demand 20 years into the future.
The Environmental Protection Agency recently moved to clarify when stationary emergency backup generators may operate in nonemergency situations.
Empire Offshore Wind LLC, a subsidiary of Equinor ASA, has been informed by the Department of the Interior’s Bureau of Ocean Energy Management that the stop work order has been lifted for the Empire Wind project, allowing construction activities to resume.
A new report from Wood Mackenzie finds that despite surging power demand, the gas turbine market could experience "turbo lag" in the next 15 years due to manufacturing constraints, rising costs, and competition from renewables. The report, titled "Turbocharged vs turbo lag: The new landscape for gas