storage
Energy Storage
The U.S. Department of Energy’s Loan Programs Office announced a conditional commitment for a loan guarantee of up to $1.76 billion (including up to $279 million in capitalized interest) to GEM A-CAES, LLC for the Willow Rock Energy Storage Center, an advanced compressed air energy storage system (A-CAES) in Eastern Kern County, California.
grid
Electricity Markets
The Vermont Public Power Supply Authority that Burlington Electric Department has joined VPPSA as a Strategic Member.
plant
Generation
Indiana-based Hallador Energy on Jan. 7 announced that its wholly owned subsidiary, Hallador Power Co. executed a Conversion Transaction Commitment Agreement with a global data center developer, effective January 2, 2025.
solar
The Indiana Municipal Power Agency received approximately $15.7 million of tax credit benefits plus interest through the Inflation Reduction Act for its work to develop renewable energy resources for its 61 municipal members.
grid
Electricity Markets
The Long Island Power Authority’s Board of Trustees in December approved a proposal for LIPA to execute a Power Supply Management and Fuel Supply Management Services Agreement with The Energy Authority Inc. for a five-year term.
cap
Bonds and Financing
The Treasury Department and Internal Revenue Service recently issued a notice of proposed rulemaking on the credit for Qualified Commercial Clean Vehicles (tax code section 45W).
grid
Reliability
As part of the sustainable energy plan for Colorado Springs Utilities and related to a 2023 request for proposals for 1,700 megawatts of new generation and battery storage, several major projects are underway to provide reliable and cost-effective power for generations to come, the Colorado public power utility said in December.
grid
Reliability
Texas public power utility Bryan Texas Utilities has partnered with local media station KBTX and Climavision, a radar services company, to bring a cutting-edge weather radar system to the region.
grid
Reliability
Oregon public power utility Springfield Utility Board has launched a pilot program under which SUB is offering a 0% loan for generators and generator transfer switches.
grid
Community Engagement
California public power utility Truckee Donner Public Utility District held the first board meeting of the year on Jan. 15.