Electricity Markets
Justin E. Driscoll is now the permanent President and CEO of the New York Power Authority and the New York State Canal Corporation pursuant to Sections 1004A and 2852 of the New York Public Authorities Law, NYPA confirmed on Aug, 10.
Distributed Energy Resources
The Department of the Treasury and the Internal Revenue Service on Aug, 10 issued final regulations and Revenue Procedure 2023-27 to provide guidance for owners of certain solar or wind facilities built in connection with low-income communities.
Reliability
Idaho National Laboratory, in partnership with Fall River Electric Cooperative, has deployed a “Microgrid in a Box” at the cooperative’s hydropower plant in rural Idaho.
Generation
As the threats to the resilience and reliability of the electric power grid caused by extreme weather events rise, the advantages of small modular reactors are becoming more apparent.
Bills and Rates
For the second time in four months, the Board of Commissioners for Florida public power utility OUC voted to lower electric rates.
Smart meter rollouts and upgrades to second- and third-generation meters are transforming utilities’ business models for electric, water, gas, and heat meters. For small public power utilities, meter data management is rapidly becoming critical for getting the most out of their smart meter