The West Virginia Public Service Commission announced that customers will benefit from a decrease in the purchased gas portion of natural gas utilities’ rates, according to an Oct. 9 press release. The annual adjustment is an estimate of the prices utilities would pay for gas from November through October of the following year and a…
DetailsPresident Donald Trump nominated Bernard L. McNamee to the Federal Energy Regulatory Commission for the term ending June 30, 2020, to fill the vacancy resulting from Commissioner Robert Powelson’s resignation in August, according to an Oct. 9 release from the agency. McNamee currently serves as the Executive Director of the U.S. Energy Department’s Office of…
DetailsDuke Energy Progress LLC asked the North Carolina Utilities Commission to approve its Hot Springs microgrid project consisting of a 2-megawatt solar facility and a 4-megawatt lithium-based battery storage facility in Madison County, according to an Oct. 8 filing with the agency. The company said the project provides an innovative grid solution without the need…
DetailsGE Capital entered into an agreement to sell a $1 billion portfolio comprised primarily of equity investments in energy assets to funds managed by affiliates of Apollo Global Management LLC, according to the company’s Oct. 8 press release. The sale includes 20 investments in renewable energy, contracted gas-powered generation, and midstream energy infrastructure assets in…
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