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Bonds and Financing
For the first time in 20 years, Massachusetts public power utility Braintree Electric Light Department has received an upgraded credit rating from S&P Global Ratings, moving from an “A” to an “A+” with a stable outlook.
Electric Vehicles
Two national laboratories, the National Renewable Energy Laboratory and Lawrence Berkeley National Laboratory, recently surveyed the national state of smart charge management for electric vehicles across the United States
Transmission
The Federal Energy Regulatory Commission on Oct. 17 took final action on Order No. 1977, the rule implementing its limited authority over siting electricity transmission lines, by requiring applicants seeking rights of way on Tribal lands for their projects to include their proposals in their Tribal engagement plans.
Transmission
The Federal Energy Regulatory Commission on Oct. 17 took final action on Order No. 1977, the rule implementing its limited authority over siting electricity transmission lines, by requiring applicants seeking rights of way on Tribal lands for their projects to include their proposals in their Tribal engagement plans.
Distributed Energy Resources
New York Gov. Kathy Hochul on Oct. 17 announced that six gigawatts of distributed solar have been installed across New York, marking the early achievement of the State’s Climate Leadership and Community Protection Act statutory goal a year ahead of schedule.
Environment
The U.S. Supreme Court on Oct. 16 issued an order denying requests to stay the Environmental Protection Agency’s Power Sector Greenhouse Gas Rule for New and Existing Sources (Power Sector GHG Rule or the Final Rule), published on May 9, 2024. Litigation over the rule itself continues in the D.C
Generation
The Department of Interior on Oct. 17 announced that the Bureau of Land Management has approved the Fervo Cape Geothermal Power Project in Beaver County, Utah, which will use innovative technology to generate up to 2 gigawatts of baseload power.
Transmission
The Federal Energy Regulatory Commission on Oct. 17 issued a long-awaited order establishing a methodology for determining a just and reasonable return on equity, or profit, to be included in transmission rates.
Electricity Markets
ElectriCities of North Carolina, Inc., announced on Oct. 16 that it has named Scott Jones Chief Financial Officer. He will succeed Tim Tunis, who earlier this year announced his retirement effective April 2025 after 20 years with ElectriCities.
Bills and Rates
The New York State Public Service Commission recently approved a request by the New York Power Authority to establish the Renewable Energy Access and Community Help program to provide electric bill credits for low-income households in disadvantaged communities across the state.