American Electric Power (AEP) to Sell Stake in New Mexico Asset Dec 28, 2023 American Electric Power Co. Inc. AEP and PNM Resources Inc. PNM have inked a deal to divest 50% stake each in New Mexico Renewable Development, LLC (“NMRD”) to Exus North America Holdings, LLC for approximately $230 million. The NMRD portfolio consists…
Biden administration awards $9M grant to research carbon capture for proposed Southcentral Alaska coal power plant December 29, 2023 The University of Alaska Fairbanks is set to receive a $9 million dollar grant from the Biden administration to research a project that would aim to capture carbon emission from a proposed coal power plant in…
Japan’s nuclear power plants largely undamaged following quake Jan 2, 2024 Japan’s nuclear power plants along the Sea of Japan coast escaped serious damage in the New Year’s Day earthquake that struck the Noto Peninsula in Ishikawa Prefecture. But the 7.6 magnitude quake, which triggered tsunami warnings from Hokkaido to Kyushu and led to evacuations…
Hawaii completes assessment of Oahu energy system and critical infrastructure December 29, 2023 The Hawaii State Energy Office (HSEO) recently concluded work on an initiative called the O‘ahu Energy System and Critical Infrastructure Vulnerability and Resiliency Assessment. The assessment involved a comprehensive hazard and risk assessment of O’ahu’s critical energy infrastructure (CEI), including major supply,…
Energy cases to watch in 2024 01/02/2024 Energy regulators’ power to address planet-warming emissions is in the crosshairs in federal courts in 2024. In one of the year’s biggest cases, the Supreme Court could rein in the Federal Energy Regulatory Commission’s ability to use 50-year-old laws to take bold action on emerging problems like climate…
FERC sets exit fee formula ending four-year battle between Tri-State G&T and its largest co-op Energize Weekly, January 3, 2024 After a four-year battle over how much it will cost the Colorado electric cooperative United Power to leave its wholesale power provider, Tri-State Generation and Transmission Association, federal regulators settled the score. The Federal Energy…
New manufacturing facilities and data centers are driving increased electricity demand Energize Weekly, December 27, 2023 The U.S. electric grid is ill-prepared for a surge in demand coming from new manufacturing, data centers and in future years, electrification of transport and building heating. Meanwhile, the queue of generation projects waiting to get on the grid…
FBI: Play ransomware gang has attacked 300 orgs since 2022 December 18th, 2023 The ransomware gang behind several devastating attacks on major American cities has allegedly launched more than 300 successful incidents since June 2022, according to cybersecurity officials in the United States and Australia. The FBI joined the Cybersecurity and Infrastructure Security Agency (CISA)…
Duke Energy finishes first floating solar project in Florida December 18, 2023 An almost 1 MW floating solar array entered service last week in Florida, as part of a pilot from Duke Energy’s Vision Florida program – a first for the state. The new array consists of more than 1,800 bifacial solar panels floating on…
Building transmission takes forever. The Biden administration is pushing to change that DECEMBER 19, 2023 The SOO Green electric transmission project, a 350-mile high-voltage line between Mason City, Iowa, and Plano, Illinois, was proposed in 2018 to deliver renewable power and to better connect the nation’s two largest power markets. The project won approval from…
Grid monitor warns of blackout risks as coal plants retire 12/14/2023 Rolling blackouts are a rising threat across the U.S. as aging power grids collide with extreme weather, rising electricity demand and a shift to cleaner fuels, the nation’s top grid monitor warned Wednesday. In a report, the North American Electric Reliability Corp. said most…
California regulators vote to extend Diablo Canyon nuclear plant operations through 2030 DECEMBER 14, 2023 California energy regulators voted Thursday to allow the Diablo Canyon nuclear plant to operate for an additional five years, despite calls from environmental groups to shut it down. The California Public Utilities Commission agreed to extend the shutdown date for…
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