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Bonds and Financing
Fitch Ratings has affirmed its rating of AA- on approximately $57 million outstanding revenue bonds issued by the Massachusetts Municipal Wholesale Electric Company (MMWEC) for the Northeast Reliability Center in Peabody, Mass., MMWEC said on Sept. 14.
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Generation
At its Tuesday regular meeting, the Imperial Irrigation District Board of Directors will consider approval of a new tariff governing how the utility serves large electricity users, including data centers and other high-demand projects.
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Generation
Shell Energy North America (US), L.P. (SENA), a subsidiary of Shell plc, has signed an agreement under which it will acquire 100% equity in Hunlock Creek Generating LLC, which owns 169 megawatts of natural gas-fired generation capacity in Pennsylvania.
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Security
The Federal Energy Regulatory Commission recently approved a North American Electric Reliability Corporation Reliability Standard that will update protections for electric infrastructure that could be vulnerable to a physical attack.
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Energy Storage
B2U Storage Solutions on Sept. 9 announced that its Bexar Martinez battery energy storage system project has entered commercial operation, which will be delivering 28 MWh of grid services to the Electric Reliability Council of Texas.
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Energy Efficiency
The pace of the Pacific Northwest’s acquisition of energy efficiency is accelerating compared with recent years, according to new data presented to the Northwest Power and Conservation Council.
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Generation
Constellation on Sept. 10 announced an agreement to acquire 100% of RISEC Holdings, LLC, owner of the Rhode Island State Energy Center, from Shell Energy North America, (US), L.P. (SENA) a subsidiary of Shell plc (Shell) for $715 million, subject to customary purchase price adjustments.
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Grid Modernization
Katie Jereza, Assistant Secretary for the U.S. Department of Energy's Office of Electricity, on Sept. 9 joined Burbank Water and Power CEO and General Manager Mandip Samra, and California Energy Commission Supervisor Alex Kovalick, for a live grid modernization demonstration.