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
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.
Energy Efficiency
Millions of U.S. households would benefit from heat pumps, but the cost of installing the technology needs to come down to make their use a more attractive proposition, according to researchers at the U.S. Department of Energy’s National Renewable Energy Laboratory.
Generation
Developers and power plant owners plan to add 62.8 gigawatts of new utility-scale electric-generating capacity in 2024, the Energy Information Administration said on Feb. 15.
Distributed Energy Resources
Texas public power utility New Braunfels Utilities announced that its new Participating Solar Contractor Program will launch on March 1, 2024. “Aimed at revolutionizing the way individuals and businesses harness the power of solar energy in our region, this program represents a significant leap
Reliability
The Federal Energy Regulatory Commission on Feb. 14 approved a pair of North American Electric Reliability Corporation reliability standards for cold weather operations and preparedness.