Social services
The Arkansas Public Service Commission has resolved the investigation into potential cost shifting associated with net metering by dismissing the docket in light of the newly enacted Arkansas Cost-Shifting Prevention Act of 2023. The legislation, signed into law on March 13, 2023, allows certain types of costs to be recoverable
Public utilities
The Federal Energy Regulatory Commission (FERC) has accepted a notice of termination for Service Agreement No. 34 between Pacific Gas and Electric Company (PG&E) and Riverview Energy Center, LLC. The agreement, which was terminated on February 16, 2023, consisted of a Generator Special Facilities Agreement, a Generator Interconnection
Public utilities
Asian Development Bank (ADB) and Tata Power Delhi Distribution Limited (TPDDL) have entered into an agreement to enhance Delhi's power distribution through grid enhancements and the integration of a pilot Battery Energy Storage System (BESS). The senior secured financing will be used to commission a new 66/11-kilovolt
Social services
The Arkansas Public Service Commission has issued a motion to dismiss an ongoing investigation into potential cost shifting associated with net metering, citing the passage of the Cost-Shifting Prevention Act of 2023. This act, signed into law in March 2023, makes fundamental changes to net-metering law in Arkansas and provides
Public utilities
The Federal Energy Regulatory Commission (FERC) has issued an order approving the interconnection of Ho-Fel Solar, LLC, a solar energy project, with PJM Interconnection, L.L.C., a regional transmission organization (RTO). The order, issued on April 6, 2023, confirms the effectiveness of the interconnection service agreement among PJM, Virginia
Public utilities
The Spanish Ministry for the Ecological Transition is reviewing numerous hybrid wind-solar power projects developed by major energy companies, including Iberdrola, Acciona, Forestalia, Ignis, and Enel Green Power. These projects aim to combine photovoltaic (PV) power with wind power to increase energy efficiency and reduce carbon emissions. Iberdrola, the developer
Public utilities
Large technology companies, including Google, Meta, and Microsoft, have submitted a joint brief to the Iowa Utilities Board, raising critical concerns about MidAmerican Energy Company's proposed Wind Prime project. The project seeks to establish advance ratemaking principles for a mix of up to 2,042 megawatts of new
Public utilities
Public Citizen, a consumer advocacy group, is expressing alarm over the appointment of Brian Tierney, a Blackstone executive, as the new President and CEO of FirstEnergy Corp. The group had previously requested the Federal Energy Regulatory Commission to expedite action to deem Blackstone as an affiliate of FirstEnergy due to
Electric utilities
The global Distributed Energy Resource Management System (DERMS) market is expected to expand at a compound annual growth rate (CAGR) of approximately 5.7% during the forecast period 2023 to 2030. The market size was valued at USD 10 Billion in 2022 and is projected to reach USD 16 billion
Electric utilities
Volvo Cars CEO Jim Rowan is set to visit Korea from March 12 through 14, marking his first trip to the country since taking office last year. The visit has raised speculation about the possibility of increased cooperation between Volvo and major domestic battery companies, including LG Energy Solution (LGES)
Electric utilities
Alliant Energy Corporation has issued an additional $75 million in aggregate principal amount of 3.875% Convertible Senior Notes due 2026 to qualified institutional buyers, bringing the total offering to $500 million. This move follows the company's previous offering of $500 million in Initial Notes on March 2,
Electric utilities
The energy as a service market has experienced significant growth in recent years, driven by increasing demand for renewable energy and advancements in energy management solutions. The market value grew from $57.32 billion in 2022 to $64.28 billion in 2023 at a compound annual growth rate (CAGR) of
