Morningstar DBRS expects the virtual power purchase agreement market to grow substantially in the coming years, it said in a recent report.
NRG Energy and LS Power Equity Advisors on May 12 announced that they have entered into a definitive agreement under which NRG will acquire a portfolio of natural gas generation facilities and a commercial and industrial virtual power plant platform from LS Power in a cash and common stock transaction valued at approximately $12 billion enterprise value.
Santee Cooper has received a robust response to its initial request for expressions of interest related to the two partially constructed generating units at V.C. Summer Nuclear Station, it said on May 6.
The Federal Energy Regulatory Commission has approved a PJM proposal that improves dispatch and accreditation of Demand Response resources in order to enhance grid reliability and resource adequacy.
Dairyland Power Cooperative and GridLiance Heartland, LLC, a subsidiary of NextEra Energy Transmission, LLC, have reached an agreement to jointly develop and co-own the MariBell Transmission Project, a 139-mile, 765-kilovolt/161-kV double circuit transmission line in Minnesota and Wisconsin.
Platte River Power Authority recently hired Tim Blodgett to serve as chief strategy officer.