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Moody’s Corporation has acquired a majority stake in Four Twenty Seven Inc., a provider of data, intelligence, and analysis related to physical climate risks.
Electricity Markets
The Federal Energy Regulatory Commission on July 25 ordered the PJM Interconnection not to hold the next Base Residual Auction, procuring capacity for the 2022-2023 delivery year, in August as originally planned.
Power Sources
Members of Utah Associated Municipal Power Systems have executed power sales contracts totaling more than 150 megawatts of subscription in a 12-module small modular reactor that will be built at the Department of Energy’s Idaho National Laboratory under UAMPS’ Carbon Free Power Project.
Power Sources
MEAG Power on July 19 announced the completion of a limited public debt offering, raising $619 million, which will fund SPVJ’s share of the anticipated completion costs related to the Vogtle Units 3 & 4 Project near Waynesboro, Ga. SPVJ is a wholly-owned affiliate of MEAG Power.
Electricity Markets
The Federal Energy Regulatory Commission on July 18 issued two final rules addressing the collection of information relating to its electric market-based rate program.
Electricity Markets
The board of directors of California-based East Bay Community Energy, a community choice aggregator, on July 17 approved three agreements for 112 megawatts of power from a new solar facility, along with 7.5 MW of battery energy storage, to be built in Kern and Alameda Counties, Calif.
Electric Vehicles
The American Public Power Association has partnered with Nissan to offer Association member public power utilities exclusive rebates on the all-electric 2019 Nissan LEAF.
Disaster Response
In the wake of severe storms that hit parts of Wisconsin over the weekend, public power crews have been deployed to assist other utilities in the state with power restoration efforts.