According to the latest Storage Futures Study from the National Renewable Energy Laboratory (NREL), energy storage is benefiting from declining technology costs and increasing deployment of renewables to the extent its deployment could reach a fivefold increase by 2050.
That would mean more than ... Read More »
America’s investor-owned utilities (IOUs) continue to prepare for what the federal government predicts will be another above-normal Atlantic hurricane season this year and a near-normal 2021 tropical cyclone period in the Central Pacific region.
“Last year’s storm season brought an unpreced... Read More »
The planned merger between PNM Resources and Avangrid remains on track as it goes through the regulatory approval process.
On May 28, the Hearing Examiner for the New Mexico Public Regulation Commission (NMPRC) set the remaining schedule for the amended stipulation in the merger. The schedule com... Read More »
Florida Power & Light Co. (FPL) conducted an exercise in early May to prepare for what is expected to be an active hurricane season.
Some 3,000 FPL employees participated in the weeklong to test their response to a simulated two-landfall hurricane while adhering to safety measures due to the COV... Read More »
Under a 15 year contract, LUMA Energy, LLC has taken over the operation and maintenance of Puerto Rico’s electric power transmission and distribution system from the Puerto Rico Electric Power Authority (PREPA).
The transition was official as of Monday, June 1, although LUMA was selected for th... Read More »
PSEG Power announced Tuesday that, as of May 31, the retirement of the Bridgeport Harbor Station coal plant in Connecticut.
Bridgeport Harbor Station was PSEG's last coal facility, and its closure reflects a major milestone of the company's goal of achieving net-zero carbon emissions.
"The re... Read More »
The Nuclear Regulatory Commission (NRC) has approved the proposed merger between PNM Resources and Avangrid.
The merger would create a larger, more diversified regulated utility and renewable energy company with electric and gas utilities in complementary geographies. The combined company would ... Read More »
The American Gas Association (AGA) has expressed its support for new Transportation Security Administration (TSA) regulations for pipeline cybersecurity.
The TSA’s Security Directive states that pipeline operators must alert the government of cyber incidents.
“We support the intent of th... Read More »
Duke Energy began construction last week on its 22.6 MW Speedway Solar power plant in Cabarrus County, North Carolina.
This work begins following a competitive bidding process, the results of which will see the design, construction, and other details handled by Swinerton Renewable Energy. Solar p... Read More »
According to a new report from the U.S. Energy Information Administration (EIA), yearly spending on electricity distribution systems by the major utilities has increased 64 percent since 2000, with figures reaching as high as $57.4 billion in 2019.
The lion’s share of this has gone toward capi... Read More »