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Reliability
​​​​​​​Xcel Energy is increasing its wildfire detection and mitigation efforts in the Texas Panhandle by introducing artificial intelligence to spot fires early, the company said.
Grid Modernization
The American Public Power Association’s Demonstration of Energy & Efficiency Developments program approved $477,961 in funding for nine public power utility projects that aim to improve utility operations and services with novel techniques and technologies.
Energy Storage
The U.S. Department of Energy’s Loan Programs Office announced a conditional commitment for a loan guarantee of up to $289.7 million to Sunwealth Holdco 18 LLC’s Project Polo.
Bonds and Financing
California-based Sonoma Clean Power has issued its first bond for the purpose of lowering the cost of renewable energy.
Energy Storage
Texas public power utility CPS Energy has entered into a long-term storage capacity agreement with OCI Energy for a 120 megawatt/480 megawatt-hour battery energy storage project called “Alamo City ESS LLC,” which will be located in south Bexar County, Texas.
Reliability
The Long Island Power Authority Board of Trustees is announcing a series of policy changes and strategic initiatives to facilitate underground transmission and distribution lines across Long Island and the Rockaways to enhance reliability and community resilience, LIPA said on Dec. 6.
Bonds and Financing
Fitch Ratings recently affirmed the rating on bonds issued by the city of Colorado Springs, Colo., at “AA.”
Electricity Markets
The Western Electricity Coordinating Council recently released its 2024 Western Assessment of Resource Adequacy. The annual report evaluates resource adequacy risk over the next 10 years, with this year’s report revealing a sharp rise in large loads, creating the need for unprecedented resource additions.
Electricity Markets
Michael Frantz, Director Division 1 and Becky Hackler Arellano, Director Division 4, were sworn in for four-year terms on the Turlock Irrigation District Board of Directors, ending in December 2028.
Electricity Markets
BlackRock, Global Infrastructure Partners, Microsoft, and MGX on Sept. 17 announced the Global AI Infrastructure Investment Partnership to make investments in new and expanded data centers to meet growing demand for computing power, as well as energy infrastructure to create new sources of power for these facilities.