Reliability
The North American Electric Reliability Corporation on Jan. 5 said that it was monitoring impending extreme cold weather events forecast across much of the country starting over the weekend of Jan. 6-7 on the East Coast and followed by a series of powerful storms with the potential to create additional significant challenges across many states.
Security
The U.S. Department of Energy recently announced up to $70 million in funding to support research into technologies designed to increase resilience and reduce risks to energy delivery infrastructure from a variety of hazards, including cyber and physical threats, natural disasters, and climate
Distributed Energy Resources
A community solar facility that was damaged in a June 2023 hailstorm has been repaired, re-commissioned, and returned to operation, with the damaged solar panels removed from the site to be recycled, the Nebraska Public Power District reported on Jan. 8.
Generation
Average natural gas prices were about 62 percent lower in 2023 than in 2022, according to the Energy Information Administration.
BrightNight

515 N Flagler Drive
Suite P200
West Palm Beach, FL 33401
United States

OSG GoogleMap Info
US Owned Company
Power Supply
Corporate Associate
OSG Company Contact Name
Michael SheehanChief Customer Officer561-308-6361
OSG Company ID
74067
OSG Grant Services
Community Engagement
The Vermont Public Power Supply Authority on Jan. 9 announced that Burlington Electric Department has joined VPPSA as a strategic member.
Workforce
The Board of Directors for California public power utility SMUD recently elected Rosanna Herber as President of the Board and Gregg Fishman as Vice President of the Board.
Electricity Markets
The PJM Interconnection recently released its new long-term load forecast, which predicts estimated electricity demand growth of 1.7% per year for summer peaks, 2% for winter peaks, and 2.4% for net energy over a 10-year planning horizon starting in 2024. Total annual energy use throughout the PJM footprint is expected to increase nearly 40% by 2039, from 800,000 gigawatt-hours to about 1.1 million GWh.
Transmission
Pattern Energy Group LP recently closed an $11 billion non-recourse financing and begun full construction of SunZia Transmission and SunZia Wind.
Bonds and Financing
A rule proposed by the Board of Governors of the Federal Reserve, Federal Deposit Insurance Corporation, and Office of Comptroller of the Currency will have serious consequences for the ability of public power utilities and rural cooperatives to find regulated counterparties for the forward contracts, commodity trade options, and energy commodity swaps needed to hedge price and supply risks, the American Public Power Association and the National Rural Electric Cooperative Association said in Jan. 3 comments.