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Electricity Markets
Monterey Bay Community Power's policy board has unanimously approved the agency’s continued expansion. MBCP will become the largest, geographically speaking, of all nineteen CCAs in California.
Energy Storage
A new business model that involves homebuilders partnering with energy storage system integrators is “here to stay,” Brett Simon, Senior Analyst for Storage at consulting firm Wood Mackenzie, said.
Smart Grid
Utilities must transform to keep pace with the changes sweeping through the electric power industry, according to a new report, which recommends a three-phased investment approach to address for utilities to stay ahead of the changes in the industry.
Energy Storage
Co-located solar-plus-storage projects are “expected to increase dramatically in the next couple of years” even as the investment tax credit available to the developers of those projects declines in the coming years, a new study from the Brattle Group predicts.
Bonds and Financing
Moody's Investors Service is maintaining its stable outlook for the public power electric utility sector for 2019, reflecting declining leverage and growing liquidity amid an operating environment of low electricity demand, favorable interest rates, and low natural gas prices.
Distributed Energy Resources
The prospects for the development of wind power projects off the coast of Oregon are “promising” but would require floating wind turbine technologies, according to a new report from the National Renewable Energy Laboratory.
Disaster Response
The New York Power Authority (NYPA), along with its New York State utility partners, has reviewed and updated its mutual assistance protocol in advance of the winter storm season. The update further details and strengthens the escalation of requests and coordination of mutual assistance resources with the electric industry national mutual assistance programs,
Power Sources
Nuclear Regulatory Commission staff has approved Florida Power & Light’s application for an additional 20 years of operation for Turkey Point Nuclear Generating Units 3 and 4, which are located approximately 20 miles south of Miami.