Bonds and Financing
The U.S. Department of Treasury and the Internal Revenue Service on March 5 released final regulations relating to the implementation of elective payment of energy tax credits.
Electricity Markets
The growth of solar power in New England is increasingly driving down demand for grid electricity during daylight hours.
Energy Storage
The Bureau of Land Management recently approved the Alta Wind Battery Energy Storage System right-of-way in Kern County, Calif.
Transmission
Noting that it is playing a major role in enhancing transmission planning capabilities to meet the region’s growing loads and renewable resource portfolio requirements, the Bonneville Power Administration recently said that it and other transmission operators will do this through the Western Transmission Expansion Coalition, a new transmission planning effort spearheaded by the Western Power Pool.
Environment
The Salt River Project’s Board of Directors on March 4 approved revisions to SRP’s 2035 sustainability goals that establish more ambitious targets to reduce carbon emissions, increase energy efficiency and electrification, conserve water and improve forest health.
Bonds and Financing
Fitch Ratings has affirmed its AA- rating on bonds associated with the Berkshire Wind Power Project, the Massachusetts Municipal Wholesale Electric Company reported on Feb. 29.