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Recently in Public Power Current
To find earlier stories in Public Power Current, browse by popular topics or contact us at News@PublicPower.org.
Grid Modernization
​​​​​​​The Smart Electric Power Alliance Board of Directors recently elected Janisse Quiñones, CEO and Chief Engineer at the Los Angeles Department of Water & Power, as a new board member.
Generation
Goldman Sachs Research is forecasting global power demand from data centers will increase 50% by 2027 and by as much as 165% by the end of the decade (compared with 2023).
Transmission
Several energy providers launched their plan to provide long-term electric reliability for customers by developing the Upper Midwest’s first 765-kilovolt transmission project, “which will meet the significant growth in electricity use projected in the coming decades and improve access to new energy sources needed to serve communities throughout the region,” they said on Feb. 10.
Distributed Energy Resources
LUMA, which operates and manages the electric power transmission and distribution system in Puerto Rico, recently announced an agreement with Linxon US LLC and their partner AtkinsRéalis Caribe, to build nine energy interconnection points.
Electricity Markets
ISO New England’s Day-Ahead Ancillary Services Market, designed to ensure sufficient energy and reserves to meet customer demand throughout the operating day, goes live Feb. 28.
Bonds and Financing
The Tennessee Valley Authority priced $1.25 billion of new 30- year maturity global power bonds, with an interest rate of 5.25%.
The CPS Energy Board of Trustees recently voted to elect current Vice Chair, Dr. Francine Sanders Romero, as the new Board Chair and Dr. Willis Mackey as the new Vice Chair, effective February 1, 2025.
Reliability
The Stillwater Electric Utility, the City of Stillwater, Oklahoma’s electric department, earned the Municipal Electric Systems of Oklahoma Inc. first-place award in the annual Electric Operations and Reliability Competition, for the second year in a row, and a first-place award for safety.