First Wind finalized four 20-year PPAs with Rocky Mountain Power, a division of PacifiCorp and part of Berkshire Hathaway Energy. As part of the PPAs, Rocky Mountain Power will buy the output of the planned 320-MW Four Brothers solar development, which includes four, separate fully permitted 80-MW project sites. Rocky Mountain Power’s purchase is made in connection with its obligation under the federal Public Utility Regulatory Policies Act, or PURPA, and follows seven similar PURPA agreements for First Wind’s 20-MW Seven S
Rocky Mountain Power
First Wind finalized seven 20-year PPAs with Rocky Mountain Power, a division of PacifiCorp. As part of the purchase agreements, Rocky Mountain Power will buy the output of the planned 20-MW Seven Sisters projects under its obligation from the federal Public Utility Regulatory Policies Act, or PURPA. The Seven Sisters portfolio includes seven separate solar photovoltaic projects, four of which are to be sited in Beaver County and three to be located in Iron County, Utah.
State regulators address transformative forces.
(July 2012) NRC renews Entergy Pilgrim nuclear license. San Francisco selects EnerNOC. Entergy contracts with Comverge. FPL adds Quantum Ford F-150 PHEVs to its fleet. Lincoln Renewable Energy dedicates 12.5-MW NJ Oak solar project.
Planning ahead in a low-cost gas market.
IIt’s ironic that in today’s market, as the cost of hedging against commodity price increases has declined, support for utility hedging programs has sunk to a historic low. The ideal time to hedge is when prices are low and markets are relatively calm, because that’s when hedging costs and risks are the lowest. Conversely, waiting until prices rise and markets become volatile will expose customers to higher costs. Convincing regulators to approve hedging programs now will require a collaborative approach to educating and enlisting support from stakeholders.
Over the past decade, utility green power programs (also known as green pricing programs) have helped utilities across the nation meet growing customer demand for electricity generated using renewable resources, as well as support both large- and small-scale local renewable energy projects. Additionally they’ve helped utilities improve relations with utility commissions, local environmental groups, and other key stakeholders.
(May 2006) Kinder Morgan Inc. named Steve Kean executive vice president and COO, and Larry Pierce was named vice president, corporate communications. MidAmerican Energy Holdings Co. completed the purchase of PacifiCorp from ScottishPower and announced new staffing. Progress Energy named Jeffrey J. Lyash president and CEO of Progress Energy Florida. Westar Energy Inc. announced several changes in leadership. And others...