Public Service Company of New Mexico filed a request to join the Western Energy Imbalance Market on Aug. 22, noting that a transition to the system’s more flexible supply resources could see benefits soar to $21 million by 2024. Public Service Company of New Mexico said that it seeks to use the imbalance market’s intra-hour…
DetailsThe North Carolina Utilities Commission on Aug. 21 authorized a permit for Recurrent Energy LLC’s 75-megawatt solar facility in Cabarrus County, North Carolina. The project, expected to come online this year, has a 10-year power purchase agreement with Duke Energy Carolinas LLC. In May, Recurrent announced it has closed $106.7 million in financing for the…
DetailsThe California Independent System Operator Corp. proposed amendments to broaden options for energy storage and customer-sited generation to earn revenue in wholesale power markets, according to an Aug. 20 filing with the Federal Energy Regulatory Commission, as the grid manager looks to break down barriers for the emerging technology. The proposal would add three new…
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