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Recently in Public Power Current
The U.S. Department of Energy is seeking feedback on a proposed Blue Sky Training Program to train first responders, law enforcement agencies, local communities, utilities, authorities having jurisdictions, and others on how to respond to unanticipated failures of energy storage systems.
CPS Energy on May 1 announced the closing on the acquisition of Talen Energy Corporation’s approximately 1,710-megawatt generation portfolio located in the South Zone of the Electric Reliability Council of Texas market for $785 million, subject to customary net working capital adjustments.
The G7 countries on April 30 announced that the group has agreed to “phase out existing unabated coal power generation in our energy systems during the first half of 2030s or in a timeline consistent with keeping a limit of 1.5°C temperature rise within reach, in line with countries’ net-zero pathways.” The G7 countries are Italy, France, Germany, the United Kingdom, the United States, Canada, and Japan.
The Massachusetts Municipal Wholesale Electric Company has chosen Lightshift Energy as its exclusive partner to deploy the state’s first jointly implemented fleet of grid-scale battery energy storage systems.
The U.S. Cybersecurity and Infrastructure Security Agency has started publishing a newsletter designed to keep critical infrastructure stakeholders and key partners informed of planning efforts underway to update the National Cyber Incident Response Plan 2024.
The White House Council on Environmental Quality on April 30 finalized a rule to reform, simplify, and modernize the federal environmental review process under the National Environmental Policy Act.
President Biden on April 30 signed a National Security Memorandum to secure and enhance the resilience of U.S. critical infrastructure. The NSM will replace a decade-old presidential policy document on critical infrastructure protection and launch a comprehensive effort to protect U.S. infrastructure against all threats and hazards, current and future.
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.