Generation
California investor-owned energy company PG&E Corporation on April 30 announced that it has entered exclusive negotiations to sell a minority interest in Pacific Generation LLC to KKR’s Infrastructure Strategy.
Reliability
As operational challenges multiply, some utilities have found drones to be an effective tool to optimize limited resources and maintain safe and reliable service. Many utilities have either hired drone service providers that use professional pilots or started dedicated aviation units with their utility. In contrast, Skydio uses artificial intelligence to interpret the visual data coming from the fisheye cameras that serve as a drone’s “eyes.”
Generation
A siting certificate for a 2,060-megawatt natural gas-fired combined cycle gas turbine power generating facility was approved on April 29 by the Public Service Commission of West Virginia.
Bills and Rates
City of Edmond, Okla., utility customers will have at their disposal a versatile tool that will help them better track and manage their utility usage as well as allow the city’s utilities to provide enhanced services and programs, the city said on April 22.
Generation
The National Renewable Energy Laboratory has released an open-source pumped storage hydropower cost model tool that estimates how much new PSH projects might cost based on specific site specifications like geography, terrain, construction materials, and more.
Bonds and Financing
Fitch Ratings has affirmed both the Issuer Default Rating and the rating on Oklahoma Municipal Power Authority’s outstanding $459.9 million of outstanding power supply system revenue bonds at “A.” The Rating Outlook is Stable.