Infrastructure
Duke Energy Florida announces three battery storage projects totaling 22 megawatts
Duke Energy Florida (DEF) announced Monday three battery storage projects totaling 22 megawatts (MW), which will improve enhanced grid operations, improve reliability, increase efficiencies, and provide backup generation during power outages. As the grid manager and operator, DEF can use the batt... Read More »Infrastructure Investments Fund enters agreement to purchase El Paso Electric
El Paso Electric Company (EPE) and the Infrastructure Investments Fund (IIF), an investment vehicle advised by J.P. Morgan Investment Management Inc., announced Monday that they entered into a definitive agreement under which IIF will purchase EPE. “As we look to the future and the long-term in... Read More »Accenture to acquire Bridge Energy Group
Accenture has acquired Bridge Energy Group, a firm that provides grid modernization, analytics, and security services to utilities. Boston-based Bridge Energy serves North American electric utilities. Their experience complements Accenture’s portfolio of services for electric transmission and d... Read More »Secretary Chao seeking reauthorization of pipeline safety program
U.S. Transportation Secretary Elaine Chao is seeking Congressional approval for a bill that would reauthorize the Department’s pipeline safety programs. The proposed legislation would reauthorize the Department’s Pipeline and Hazardous Materials Safety Administration (PHMSA) safety programs f... Read More »Duke Energy Renewables acquires Palmer Solar project in Colorado
Duke Energy Renewables, a commercial business unit of Duke Energy, recently acquired the development assets associated with the Palmer Solar project in El Paso County, Colo., from juwi Americas, a renewable energy company based in Boulder. The 60-megawatt (MW) project consists of more than 200,00... Read More »Pilgrim Nuclear Power Station
Pilgrim Nuclear Power Station in Massachusetts shuts down permanently
The Pilgrim Nuclear Power Station in Plymouth, Mass., shut down its reactor for the final time on May 31. The decision to shut down Pilgrim, which is owned by Entergy, was the result of several financial factors, including low wholesale energy prices. “The difficult but necessary decision to... Read More »Credit: Duke Energy