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Power Sources
The New York Power Authority (NYPA) on Feb. 1 said that it has awarded a power purchase agreement for a 290-megawatt wind project. The award will be NYPA’s first transaction for a large-scale renewable project.
Electricity Markets
Federal Energy Regulatory Commission member Cheryl LaFleur on Jan. 31 announced that she was no longer seeking a third term at FERC and will be leaving the Commission later this year.
Electricity Markets
A polar vortex blanketing much of the Midwest with life-threatening cold temperatures in recent days prompted power grid operators and utilities to take a number of actions in response to the deep freeze.
Smart Energy Use
Utility and other energy efficiency programs can realistically lower U.S. electric demand growth to 0.46 percent a year through 2040, down from the Energy Information Administration’s 0.62 percent annual demand growth forecast, according to the Electric Power Research Institute.
Community
Electric customers in Pueblo, Colorado, could “conservatively” save 10 percent to 12 percent on their bills if the city forms a public power utility, according to a report prepared for the city.
Electricity Markets
Facing billions of dollars in wildfire-related liabilities, California’s PG&E Corporation and its primary operating subsidiary, Pacific Gas and Electric Company, on Jan. 29 filed voluntary petitions under Chapter 11 of the U.S. Bankruptcy Code in the United States Bankruptcy Court for the Northern District of California.
Smart Grid
Integrating the digital and physical worlds of the power grid through enterprise asset management can help utilities avoid unplanned equipment downtime that causes longer outages, lost revenue, increased risk, and a loss of performance of company assets.
Electricity Markets
The American Public Power Association recently weighed in on a proceeding at the Federal Energy Regulatory Commission on the effects of the Tax Cuts and Jobs Act of 2017 on the accumulated deferred income taxes reflected in “public utility” transmission rates.