The U.S. Department of Agriculture (USDA) is investing $236.3 million to help modernize and improve the reliability of rural electric systems in eight states. A modern, reliable electric system is critical to attract and retain residents and businesses to rural communities.
The global smart grid market was valued at $37.7 billion in 2012 and is forecast to reach $118.1 billion in 2019-- growing at a compound annual growth rate of 18.2 percent from 2013 to 2019, according to Transparency Market Research (TMR).
In a filing, EDF's comments focus on both traditional objectives of resource adequacy and reliability of electrical service, as well as clean energy solutions, customer engagement, and openness to innovation.
Maine's two largest utilities, Emera Maine and Central Maine Power (CMP), have signed a memorandum of understanding (MOU) to jointly develop electric transmission projects to enhance the strength and capacity of the state's bulk power grid and improve access for new generation resources.
Duke Energy has completed and placed into service eight transmission line expansion projects it committed to undertake in North Carolina as a condition of federal approval of its July 2, 2012 merger with Progress Energy-- in an effort to mitigate the Federal Energy Regulatory Commission's (FERC) merger-related market competition concerns in the state.
Salt River Project (SRP), has reached a major milestone, completing the last segment of a new 150-mile transmission line that runs from the Palo Verde Nuclear Power Plant area near Tonopah to the Browning Substation located in east Mesa, Arizona. The Palo Verde-Southeast Valley- Browning (PV-SEV) 500 kV project was finally placed in service after 14 long years.
Florida Power & Light Company (FPL) has been honored with the Southeastern Electric Exchange's (SEE) Excellence Award for two of its infrastructure and power delivery projects, based on innovation, improvements, and technical complexity. FPL admits that the two projects that were recognized were definitely challenging.
Markets for energy storage technologies in the United States are expected to grow substantially through 2030, with increased investments spurred by state and federal regulatory policies that encourage renewable sources of electric power to supply the grid. The data comes from a Copper Development Association (CDA) study conducted by KEMA, which examines the current market for electrical grid energy storage applications and the future potential for technological growth.
Xcel Energy has placed in service the first of two major electric transmission connections from its Texas-New Mexico service area to Oklahoma, marking a critical step in Xcel Energy's Power for the Plains capital investment plan to improve the reliability of the regional power grid and to tap additional power supplies in the east.
A new tool to address landowner opposition to transmission projects is being examined by the Center for Rural Affairs. The center's report, Landowner Compensation in Transmission Siting for Renewable Energy Facilities, presents a new concept in landowner compensation, the Special Purpose Development Corporation (SPDC), and evaluates eminent domain and other procedures that can create conflict in the context of siting electrical transmission lines.