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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.
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.
Community Engagement
Residents in the North Carolina towns of Pineville and Hobgood will soon have more opportunities for community and connection in their downtowns.
Community Engagement
Three municipalities in Northern Arizona impacted by the transition away from coal-fired power plants will receive a total of $125,000 in economic development grants from a grant funding program.
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%.
Generation
The PJM Interconnection in December announced that Indian River Unit 4, a coal-fired generator in Delaware owned by NRG, can retire nearly two years ahead of its currently scheduled deactivation without adverse impacts to reliability.
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.
Energy Storage
While the deployment of energy storage systems across the U.S. has grown dramatically in the U.S. in recent years, they are facing resistance in some communities where residents have voiced concerns over the risk of energy storage system fires and the amount of space required to install storage systems.
Electricity Markets
The Federal Energy Regulatory Commission on Feb. 11 accepted revisions to a section of PJM Interconnection’s Open Access Transmission Tariff known as the Reliability Resource Initiative to add provisions enabling a one-time reliability-based expansion of the eligibility criteria for “Transition Cycle #2” of PJM’s existing interconnection queue.