Generation
Elementl Power Inc., an advanced nuclear project developer and independent power producer, on May 7 announced the signing of a strategic agreement with Google to pre-position three project sites for advanced nuclear energy.
Electricity Markets
At its May 6 meeting, the Southwest Power Pool Board of Directors approved SPP’s proposed Expedited Resource Adequacy Study, or ERAS.
Transmission
The Bonneville Power Administration, in collaboration with the Department of Energy’s Hanford Field Office, energized the Midway-to-Ashe 230-kilovolt high-voltage transmission line in southeastern Washington on May 6.
Generation
A new report issued by the American Public Power Association says that 468,582 megawatts of new generation capacity is under development in the United States, which is comparable to the total capacity under development for the last two years.
Electricity Markets
The Midcontinent ISO on May 8 shared its summer readiness assessment outlining the forecast demand, generation capacity and weather expectations for the upcoming season.
Electricity Markets
The PJM Interconnection forecasts sufficient generation for typical peak demand this summer but is preparing to call on contracted demand response resources to reduce electricity use under more extreme scenarios featuring record demand, the grid operator said on May 9.
Generation
On May 8, the Province of Ontario, Canada, gave the green light for Ontario Power Generation to begin construction on the first of four small modular reactor units at its Darlington New Nuclear Project site. This represents the first new nuclear build in Ontario in more than three decades.
Community Engagement
Nebraska Public Power District has launched the emPOWERING Nebraska’s Tomorrow program to share information about upcoming generation and infrastructure projects, it said on May 9.
Electricity Markets
Providing value to customers and a governance structure that preserves the benefits of the Federal Columbia River Power System are the key reasons the Bonneville Power Administration announced that it will pursue joining the Southwest Power Pool’s Markets+ day-ahead market, BPA said on May 9.
Bonds and Financing
The American Public Power Association on May 8 released the Elective Pay Blueprint for Public Power, which provides guidance to public power utilities that are considering the development of projects relying on elective payment of energy tax credits.