Transmission
New York Gov. Kathy Hochul on Dec. 13 announced the completion of the Central East Energy Connect transmission project, which involves an upgrade of transmission lines to relieve congestion and enable integration of more renewable energy into the state power grid. Central East Energy Connect is a
Distributed Energy Resources
The Department of the Interior on Dec. 8 announced $5.65 million in funding for the Gila River Indian Community in Arizona to construct and install solar panels over the Casa Blanca Canal. The Gila River Indian Community Utility Authority “is honored to be working with the community, Department of
Environment
The U.S. Department of Energy and Tennessee Valley Authority recently announced that they have signed a memorandum of understanding to provide DOE’s Oak Ridge National Laboratory and the Y-12 National Security Complex in Oak Ridge, Tennessee, and potentially other federal facilities in TVA’s service territory, with 100% locally supplied carbon emissions-free electricity by 2030.
Bonds and Financing
Fitch Ratings has assigned a rating of AA- to the approximately $16 million in revenue bonds issued by the Massachusetts Municipal Wholesale Electric Company for the MMWEC Master Sergeant Alexander Cotton Memorial Solar Project.
Community Engagement
The Santee Cooper Board of Directors on Dec. 4 approved $1.2 billion in spending for 2024, including $556 million in non-fuel operations and maintenance costs and $665 million in capital spending for 2024, as part of its annual budget review for the utility.
Environment
Geothermal heat pumps have the potential to substantially reduce carbon dioxide emissions while also lowering the need for new transmission lines, according to the Department of Energy’s Oak Ridge National Laboratory.