SunEdison and TerraForm Power agreed to acquire First Wind for $2.4 billion; Emera will sell its 49% interest in Northeast Wind Partners II to First Wind for $223.3 million; Calpine completed its acquisition of Fore River Energy Center from Exelon for $530 million; NorthWestern Energy closed its $900 million purchase of 11 hydroelectric facilities and one storage reservoir from PPL Montana; juwi solar sold ownership interests in a 50-MW solar facility to Dominion; Dominion acquired a 20-MW solar facility from Canadian Solar.
NorthWestern Energy closed on the previously announced $900 million purchase of eleven hydroelectric facilities representing 633 MW of capacity and one storage reservoir from PPL Montana. NorthWestern previously announced the issuance of equity and debt securities to finance the acquisition from PPL Montana.
PPL Montana has agreed to sell its hydroelectric facilities to NorthWestern Energy. Montana Public Service Commission voted to prepare an order approving NorthWestern Energy's request to purchase the facilities. The agreement includes PPL Montana's 11 hydroelectric power plants, which have a combined generating capacity of more than 630 MW, as well as the company's Hebgen Lake reservoir. PPL Montana and NorthWestern have secured required approvals from FERC, as well as the necessary clearance from the antitrust enforcement agencies.
The industry’s transformation has begun. Should the F40 transform too?
PURPA and the future of avoided cost rates.
NorthWestern Energy issued a request for proposals (RFP) seeking energy supply resources to serve Montana customers beginning in 2014. NorthWestern Energy is seeking up to 100 MW of firm supply from Jan. 1, 2015 through Dec. 31, 2017 at Mid-C or on NorthWestern’s system and up to 300 MW of firm supply for the period of July 1, 2014 through Dec.
Discerning what utility employees consider important.
Despite high unemployment rates in many industries, utilities are finding T&D technicians and engineers are in short supply. This situation is likely to deteriorate as Baby Boom-era workers continue retiring. Attracting and retaining qualified professionals depends on understanding what motivates—and de-motivates—employees on the front lines of the smart grid revolution.
(February 2011) Silver Spring integrates Itron meters; PECO picks Sensus; AT&T and Elster sign agreement; PSEG Fossil selects ABB for a multi-phase controls project; Trilliant secures equity financing and wins Burbank ARRA contract; Navigant buys BTM Consult; GE acquires SmartSignal; plus contracts and announcements from Survalent, Mitsubishi Motors, AES Energy Storage and others.
T&D and Smart Grid
The ZigBee Alliance and the Wi-Fi Alliance entered an agreement to collaborate on wireless home area networks (HAN) for smart-grid applications. The initial focus of the collaboration will be ZigBeeSmart Energy Profile 2.0, which is the next-generation energy management protocol for smart grid-enabled homes based on today’s successful ZigBeeSmart Energy Profile. The ZigBeeSmart Energy Profile 2.0 is expected to be extended to operate over Wi-Fi technology as a result of the collaboration.