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The Long Island Power Authority’s board of trustees has approved a waste recycling center on Long Island that promises to reduce greenhouse gas emissions in the region and divert waste from landfills.
Electricity Markets
The American Public Power Association and the National Rural Electric Cooperative Association are voicing opposition to renewed federal efforts to sell the transmission assets of three federal Power Marketing Administrations (PMAs) and the Tennessee Valley Authority’s (TVA) transmission assets and change the current cost-based rates structure for all four of the PMAs.
Distributed Energy Resources
A bill was recently introduced in Nevada that would increase the state’s renewable portfolio standard to 50 percent by 2030 and set a goal of getting all electricity from resources that emit zero carbon dioxide emissions by mid-century.
Bonds and Financing
The American Public Power Association recently urged federal lawmakers to consider modernizing the tax treatment of municipal bonds, a move that the Association said could result in billions of dollars of borrowing savings and make the financing of public infrastructure simpler and more affordable.
Power Sources
Secretary of Energy Rick Perry on March 22 announced that the Department of Energy reached financial close for up to $3.7 billion in additional guarantees of loans to finance the continued construction of Vogtle Units 3 and 4 in Georgia.
Energy Storage
Colorado Springs Utilities on March 20 said that it is finalizing negotiations and in the coming months will award a contract for 150 megawatts of new solar generation plus a 25-megawatt battery storage system by the end of 2023.
Electricity Markets
The Federal Energy Regulatory Commission issued two notices of inquiry in which the Commission seeks comments on possible improvements to its electric transmission incentives policy and opens an examination of whether, and if so how, to revise its policies on determining the return on equity used in setting rates charged by utilities it regulates.
Distributed Energy Resources
Palo Alto Utilities in California, working with EDF Innovation Lab, has used a grant from the American Public Power Association’s Demonstration of Energy & Efficiency Developments program to produce studies and develop tools for testing thermal microgrids.