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The American Public Power Association’s first-ever virtual grading meeting for Reliable Public Power Provider (RP3) applications was held this month.
Bonds and Financing
Central Coast Community Energy on Oct. 16 received an “A” issuer credit rating from Standard & Poor’s, which Central Coast Community Energy said is the highest rating received by a California community choice aggregator (CCA).
Electricity Markets
The Missouri Public Service Commission has opened a proceeding to determine the long-term benefits of continued membership in a regional transmission organization by the state’s investor-owned electric utilities.
Electricity Markets
The Federal Energy Regulatory Commission has approved tariff revision proposals by the California Independent System Operator designed to enhance demand response using electric vehicle charging stations and energy storage.
Customer Service
Rock Hill Utilities, a South Carolina public power utility that began using text messages as an outage notification tool in May, is now looking at expanding its use for other functions to save time and money.
Cybersecurity and Physical Security
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) earlier this month issued an advisory warning that entities making ransomware payments could be in violation of OFAC regulations and subject to fines.
Electricity Markets
Connecticut-based energy company AVANGRID will acquire New Mexico investor-owned utility PNM Resources in a transaction with an $8.3 billion enterprise value, the companies announced on Oct. 21.
Washington State joint action agency Energy Northwest is a utility partner on advanced nuclear energy projects that recently received awards from the U.S. Department of Energy.