News Highlights from the Electric Power Industry
Here are some industry news and information articles from around the web, just for you.
Are You Ready For The Rodeo?
The 36th Annual International Lineman’s Rodeo & Expo will be October 16-19, 2019 in Overland Park, KS at the Overland Park Convention Center and in Bonner Springs, KS at the National Agriculture Center & Hall of Fame. Evergy (KCP&L & Westar Energy) is the host utility. You don’t want to miss this truly unique event!
The Lineman’s Rodeo attracts the best lineman from around the world to compete in events based on traditional lineman tasks. After more than 30 years, the International Lineman’s Rodeo & Expo still proves to be the industry’s most valued premier event of its kind for the electric utility industry.
Public Power Week
Public power utilities across the U.S. celebrate Public Power Week the first full week of October every year to help customers and stakeholders understand how they can better engage with their community-owned utility and benefit from all its offerings.
Dominion Energy Virginia Files Plan for Grid Transformation
Dominion Energy recently filed a proposal with the State Corporation Commission (SCC), which outlines expanded details of the first three years of implementation of the company’s 10-year plan to transform the state’s energy grid.
Customers can expect more reliable service, new tools to manage energy usage, and greater access to clean energy sources under the new proposal.
The initiative comes as the company continues its progress toward a clean energy future and amid Governor Northam’s call for Virginia’s electric sector to fully decarbonize by 2050.
Distress and Deals Continue to Persist in Energy Sector
At the end of last year, the power market began to lose steam. The credit market wasn’t as strong as it was at the start of the year and many people began speculating “doom and gloom” for the market.
However, over the last few months, the power market has picked up and is beginning to show resiliency. As we explore below, there has also been a healthy amount of merger and acquisition (M&A) activity, highlighting that investor confidence is returning, even if only slightly.
Dominion Energy plans four energy storage pilot studies in Virginia
Dominion Energy plans to invest in and develop four battery storage pilot projects in Virginia.
The four utility-scale projects would total 16 MW and be the largest of their kind in the state, Dominion Energy Virginia reported this week. The utility has filed to seek approval from the State Corporation Commission.
NY’s largest energy storage system completed in Albany region
Key Capture Energy has completed its 20-MW battery storage installation and kicked off an ambitious New York state program surrounding incentives to develop energy storage deployment.
The project, called KCE NY1, is located in the Capital Region around Albany and is the company’s first since it moved there from Houston last year. KCE NY1 is the state’s largest energy storage system so far and the first completed under the New York State Energy Research and Development Authority’s (NYSERDA) incentive program for the battery technologies.
Carbon price could allay ‘astounding’ cost to attain New York’s zero carbon target: Report
The cost to comply with New York’s landmark carbon legislation is an “astounding number” that was so high that it was left it out of the final analysis for fear it would be a distraction, according to the report’s author. Regardless, they say, placing a price on carbon will cut the cost.
“If New York doesn’t put a price on carbon, it is missing out [on] an opportunity to have its markets really harnessed and pushing for the goal,” Sue Tierney, Analysis Group senior advisor and co-author of the ISO’s carbon pricing analysis, told Utility Dive.
Be Prepared. Think Safety.
