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The partnership brings together the Department of Energy with industry experts for “milestone-driven activities and engagements,” said Anna Siefken, senior advisor for the Office of Technology Transitions. Parties to the agreement include DOE’s Office of Technology Transitions, the Edison Electric Institute, Electric Power Research Institute and Long Duration Energy Storage Council. Visit https://www.utilitydive.com/news/long-duration-energy-storage-DOE-EEI-EPRI-LDES/644551/ to view the full article online.
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Moody’s lowered its outlook for unregulated utilities and power generation companies to stable from positive, citing the lower gas prices. The firm said it now expects gas prices to average slightly more than $3/MMBtu in 2023, “down sharply from our previous expectations that gas prices would remain above $4.50/MMBtu.”
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Nearly one-fourth of the current U.S. coal-fired fleet is scheduled to retire by 2029, providing opportunities to site advanced nuclear plants, specifically small modular reactors, or SMRs, a Washington, D.C. think tank says in a recent report.
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The problem, warned the Edison Electric Institute, is DOE’s plan would essentially require new liquid-immersed distribution transformers to use amorphous core steel — and the U.S. does not currently produce enough of that type of steel, making replacements hard to come by. “Improved transformer efficiency is important but cannot come at the expense of reliability,” wrote EEI, the trade group for U.S. investor-owned utilities.
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Designation marks first development in Fort Collins to achieve LEED Gold in USGBC’s version 4 category for building design and construction, new construction.
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Pratt will lead SRP’s more than 5,000 employees as they continue to provide low-cost, reliable water and power. He will also work with SRP’s elected board and council, which remains steadfast in achieving the company’s vital 2035 Corporate Goals navigating a rapidly changing industry with customers’ best interests in mind.
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PGSIV will generate about 600 megawatts (MW) of electricity near the existing Pioneer Generation Station northwest of Williston, North Dakota. The new natural gas-fueled generation will be a combination of combustion turbine and reciprocating engine units to provide dispatch flexibility while addressing near-term load growth and long-term grid stability in the Bakken region.
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