Calif. Community Choice Aggregator Taps Green Bond to Lower Costs of Renewable Energy Procurement
California’s community choice aggregator Clean Power Alliance has arranged for the issuance of a municipal non-recourse Clean Energy Project Revenue Bond through the California Community Choice Financing Authority.
Federal Budget Proposal Includes Excise Tax on Cryptocurrency Mining
President Biden is proposing a 30 percent excise tax on electricity used to mine for cryptocurrency as part of his Fiscal Year 2024 budget submission to Congress released on March 9.
Texas Grid Operator Expects Capacity Will be Sufficient to Meet Spring Forecasted Peak Demand
Assuming that the Electric Reliability Council of Texas region experiences typical spring grid conditions, ERCOT anticipates that there will be sufficient installed generating capacity available to serve the system-wide forecasted peak demand for the upcoming spring season, the grid operator said on March 8.
Department of Energy, Environmental Protection Agency Sign Reliability MOU
The U.S. Department of Energy and U.S. Environmental Protection Agency on March 9 signed a joint memorandum of understanding under which the two agencies will collaborate on efforts to boost electric grid reliability.
EIA Reports Wind, Solar and Storage are Dominating U.S. Capacity Additions
So far in 2023, wind, solar, and battery storage account for 82 percent of the new, utility-scale generating capacity developers plan to bring online in the United States, according to preliminary data from the Energy Information Administration.
Parties Execute Funding Agreements Tied to Development of SPP Market
Several parties, including two public power utilities, have executed funding agreements for the development of Markets+, Southwest Power Pool’s western energy market.
EPA Proposes Stronger Limits on Water Pollution From Coal-Fired Power Plants
The Environmental Protection Agency on March 8 proposed to strengthen wastewater discharge standards that apply to coal-fired power plants.
New Nuclear Unit in Georgia Reaches Key Milestone
A new nuclear unit at a site in Georgia has safely reached initial criticality, Georgia Power announced on March 6.
PJM Begins Expedited Process for Reform of Capacity Auction
PJM Interconnection and its stakeholders have begun an expedited process to address capacity market design issues related to maintaining resource adequacy.
DOE Urged to Provide More Flexibility, Fund Eligible Hydro Projects Under Incentive Programs
The Department of Energy should provide for more flexibility for permits and authorizations and fund all eligible projects under hydroelectric incentive programs that will be implemented under the Infrastructure Investment and Jobs Act, the American Public Power Association and two other associations recently said in comments filed with DOE.