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Bonds and Financing
California community choice aggregator Silicon Valley Clean Energy closed its third prepayment transaction for clean energy project bonds, “which offers substantial savings to the agency, a benefit passed on to customers through rate stability and maintaining a rate discount,” it said on Feb. 20.
Workforce
With survey data showing that 56% of U.S. energy industry workers overall having less than 10 years of service, the energy sector will need to redirect some of its focus from recruitment to training, mentorship and other programs to develop a younger, less experienced workforce, the Center for Energy Workforce Development said in a report, “2023 Energy Workforce Survey Results.”
Bonds and Financing
Fitch Ratings has affirmed at 'AA-' the rating on approximately $75.6 million in Milford Wind Corridor Phase 1 Project outstanding refunding revenue bonds issued by the Southern California Public Power Authority.
Electric Vehicles
The National Renewable Energy Laboratory recently announced the $5 million Clean Bus Planning Awards program, which is funded by the Joint Office of Energy and Transportation.
Electricity Markets
The Federal Energy Regulatory Commission on Feb. 15 issued a policy statement to provide updated guidance as to its enforcement process and policies concerning resolution by settlement of investigations.
Bonds and Financing
Schneider Electric on Feb. 20 announced that it has committed to invest in a portfolio of Texas-based clean energy projects utilizing a Tax Credit Transfer Agreement for solar and battery storage systems developed, built, and operated by ENGIE North America.
Electric Vehicles
The Vermont Public Power Supply has partnered with Bellawatt to build a “seamless tool that simplifies the electrification journey for customers,” VPPSA said on Feb. 21.
Reliability
A voltage conversion project in Mount Hope, Kansas, is progressing smoothly and remains on schedule, Kansas joint action agency KPP Energy said.
Generation
Type One Energy Group intends to build Infinity One, the company’s stellarator fusion prototype machine, at the site of the Tennessee Valley Authority’s shuttered Bull Run Fossil Plant in Clinton, Tennessee, Type One Energy said on Feb. 21.
Transmission
The Bonneville Power Administration recently detailed how the implementation of a new transmission path enables BPA to better manage transmission congestion in the greater Portland-Vancouver area.