Community Engagement
Five organizations serving Arizona communities impacted by the transition away from coal-fired power plants have been selected to receive a cumulative total of over $134,000 in economic development grants from a utility grant funding program.
Bonds and Financing
Fitch Ratings has affirmed the “AA” rating on Platte River Power Authority's $125.9 million in outstanding series JJ and taxable series KK power revenue refunding bonds.
Generation
Holtec International on Dec. 4 said that it has started a program to build two small modular reactor units at the Palisades Nuclear Power Plant site in Michigan. Holtec is pursuing the repowering of the Palisades plant.
Generation
FirstLight on Dec. 5 announced a new power purchase agreement with the Massachusetts Municipal Wholesale Electric Company. MMWEC is the Commonwealth’s designated joint action agency for municipal utilities in Massachusetts. Through the agreement, participating communities will purchase up to 69
Workforce
Jennifer Smith has been named the Assistant General Manager for the Oklahoma Municipal Power Authority.
Electricity Markets
New England should have sufficient resources to meet the peak demand for electricity this winter, ISO New England said on Dec. 4.
Reliability
Problems with inverter based resources, such as solar and wind generation and battery storage systems, could result in “systemic performance issues” that could lead to “potential widespread outages if they persist,” the North American Electric Reliability Corporation, said in a November 30 report.
Environment
The Connecticut Municipal Electric Energy Cooperative’s Board of Directors recently approved a decarbonization policy that will provide guidance to leadership and staff as the organization seeks to procure an increasingly “greener” wholesale energy portfolio while still maintaining reasonable costs for its six public power utility members, CMEEC said on Dec. 6.
Distributed Energy Resources
California community choice aggregators Central Coast Community Energy and Silicon Valley Clean Energy have each signed 15-year contracts with Pattern Energy Group to receive energy from SunZia Wind, a new renewable energy project located in New Mexico.
Workforce
The Association of Washington Business has recognized Energy Northwest's dedication to providing employment opportunities for veterans with the Veterans & Families Award.