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.
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.
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.
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.
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On the morning of December 11, Texas public power utility Lubbock Power & Light finished connecting the remaining 30% of its system to the Electric Reliability Council of Texas.