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Smart Energy Use
California public power utility Alameda Municipal Power has launched an energy savings program for low income customers that aims to cut greenhouse gas emissions while lowering participants’ electric bills.
Community
Platte River Power Authority’s owner communities signed an extension to the organic contract initially executed in 1975 that established Platte River as a political subdivision authorized to provide wholesale power to its owner communities. New power supply agreements were also executed, running concurrently with the organic contract.
Reliability
The North American Energy Reliability Corporation has certified that the California Independent System Operator can act as reliability coordinator for electricity balancing authorities in Western states and part of Mexico beginning July 1.
Distributed Energy Resources
New York Gov. Andrew Cuomo recently announced that $5 million is available for projects designed to help integrate renewable energy resources into the state’s electric grid to help make it more resilient.
Environment
The Board of Directors for the Salt River Project approved changes to further improve the SRP 2035 sustainability goals that the public power utility said will now include more aggressive measures to reduce carbon emissions, strengthen the grid to allow more customer choice and improve water resiliency.
Electricity Markets
An investment vehicle advised by J.P. Morgan Investment Management is buying Texas-based El Paso Electric, an investor-owned utility, for $4.3 billion in cash and assumed debt.
Solar
The Sacramento Municipal Utility District recently signed a 30-year power purchase agreement with Lendlease Energy Development for the output from a 160-megawatt solar project on the site of the decommissioned Rancho Seco Nuclear Generation Station.
Distributed Energy Resources
The Virginia public power cities of Danville and Martinsville, along with Central Virginia Electric Cooperative, are seeking proposals from developers for stand-alone solar, stand-alone energy storage or a combination of solar and storage under a request for proposals.