Toshiba concluded a MOU with Ethiopian Electric Power (EEP) on a comprehensive partnership in geothermal power to collaborate in power generation projects and personnel development. EEP, a publicly owned utility, engages in the development of geothermal resources and the construction of power plants. Through the partnership with EEP, Toshiba will draw on its experience in geothermal systems to develop and manufacture major equipment, create operation and management guidelines, cooperate in personnel development, and start a waste heat utilization business.
Sempra U.S. Gas & Power and Consolidated Edison Development (ConEdison Development) partnered in five solar projects in Nevada and California. The projects include Sempra U.S. Gas & Power's 250-MW Copper Mountain Solar 3 project near Las Vegas, and ConEdison Development's CED California Holdings portfolio: the 50-MW Alpaugh 50, 20-MW Alpaugh North and 20-MW White River 1 facilities in Tulare County, and the 20-MW Corcoran 1 facility in Kings County. The renewable power from all of the projects has been sold under long-term contracts.
Developing a leadership role for utilities in alternative technologies.
Landis+Gyr established an agreement with CPS Energy to supply advanced residential electric meters for the utility's grid modernization effort. Landis+Gyr will provide 700,000 E-350 FOCUS advanced meters with shipments beginning early in 2014. The meter upgrade project is anticipated to take four years. In addition to metering technology, Landis+Gyr is operating a direct load control program at CPS Energy. The utility is using virtual peak plant software and load control devices from Landis+Gyr to verify and measure energy savings from conservation events.
Uncertainties remain, but recent cases provide guidance.
Levelized rates can serve customers’ interests, while also accelerating capital investment and providing an economic stimulus to the economy.