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Electricity Markets
ISO New England is recommending a new capacity market structure to better ensure power system reliability and cost-efficiency as the region’s resource mix evolves, it said on Feb. 8.
Bonds and Financing
Michigan public power utility Lansing Board of Water & Light recently detailed how a bond issuance will help to fund its investment in Lansing BWL’s clean energy program. In a recent blog post, the utility noted that it announced its largest planned growth in nearly 140 years in July. Seven projects
Generation
Nebraska Public Power District, which continues to see substantial load growth, has begun the process of adding new generation capacity to NPPD’s resource mix, following board approval of a capital budget item Feb. 8.
Electricity Markets
Ann Arbor for Public Power, a group that supports municipalization efforts in Ann Arbor, Mich., recently released a proposal for the utility governance structure should a public power utility be formed in the city.
Generation
Salt River Project plans to issue a new all-source request for proposals later this month, the Arizona public power utility said on Feb. 12.
Generation
After a year of study and analysis, Florida public power utility Gainesville Regional Utilities on Feb. 7 presented the preliminary results of its most recent Integrated Resource Plan during the GRU Authority meeting.
Workforce
Florida public power utility OUC’s Board of Commissioners announced a number of board changes, effective as of January 23, 2024.
Generation
California Gov. Gavin Newsom recently certified a solar energy project in Riverside County, Calif. The certification means a streamlined process for legal challenges that can otherwise cause long delays, Newsom’s office said.
Generation
Sandow Lakes Energy Company on Feb. 12 announced plans to pursue the construction of a 1,200-megawatt natural gas-fueled power plant.
Electricity Markets
The Energy Information Administration expects the U.S. benchmark Henry Hub natural gas spot price to average higher in 2024 and 2025 than in 2023, but to remain lower than $3.00 per million British thermal units.