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Energy Storage
The battery energy storage system will support what RMLD referred to as “shredding the peak,” and will integrate into RMLD’s power supply portfolio a mix focused on providing reliable and cleaner energy resources.
Power Sources
Bonds and Financing
The Massachusetts Municipal Wholesale Electric Company (MMWEC), the joint action agency for municipal utilities in Massachusetts, has sold its ownership interests in W.F. Wyman Station oil-fired Unit 4, located in Yarmouth, Maine. The output of MMWEC’s Wyman ownership interest was sold to 12 municipal light plants in Massachusetts.
Power Sources
The New York Power Authority has launched a $1.1 billion program to modernize the Niagara hydroelectric project, the public power utility’s largest generating asset.
Electricity Markets
Federal Energy Regulatory Commissioner Richard Glick recently offered his thoughts on a wide range of key issues facing the power industry including mandatory capacity markets, transmission incentives and regional transmission organization governance.
At a July 23 news conference, House Energy and Commerce Committee Chairman Frank Pallone, D-N.J., said that the committee would begin efforts to draft legislation to get U.S. carbon dioxide emissions to net-zero/100 percent clean energy by 2050.
Electric Vehicles
New York public power utility Jamestown Board of Public Utilities (BPU) recently announced a new program that offers businesses incentives for the installation of electric vehicle charging stations at commercial or industrial locations in the BPU electric territory.
In the wake of recent back-to-back power outages, New York City Mayor Bill de Blasio raised the possibility of municipalizing Consolidated Edison, the investor-owned utility that serves the city’s five boroughs and Westchester County to the north.
The Senate Environment and Public Works Committee voted unanimously to approve a five-year highway reauthorization bill that includes a section dedicated to climate change.