Enforcement Times Two
FERC and CFTC begin sharing information to target market manipulation in the energy industry.
FERC and CFTC begin sharing information to target market manipulation in the energy industry.
First Solar sold the 50-MW Macho Springs Solar Power Plant to a Southern Company subsidiary. DTE Energy purchased one of the Pheasant Run wind parks. Dominion acquired two stand-alone solar energy developments in southwest Tennessee. With asset sales by Suzlon Group, NextEra Energy Resources, and Strata Solar, and debt offerings by ITC Holdings and SunEdison.
Today, tomorrow, forever?
Prevent problems, or wait and respond when something happens?
Wisconsin Energy and Integrys Energy Group entered into a definitive agreement under which Wisconsin Energy will acquire Integrys in a transaction valued at $9.1 billion.
The California Independent System Operator (ISO) and PacifiCorp announced that tariff amendments to expand the ISO's real-time energy scheduling market across multiple states in the West was approved by the Federal Energy Regulatory Commission (FERC). The new market, known as the energy imbalance market (EIM), is expected to increase resource efficiency, reduce costs and more effectively use renewable and conventional resources.
Dominion acquired the CID Solar Project from EDF Renewable Energy (EDF RE). The asset sale agreement will close upon completion of installation, after which EDF RE will manage the commissioning and place the project in service. CID Solar Project, located on 200 acres of private land in eastern Kings County, California, was developed by EDF RE and is designed as a 27 MWp / 20 MWac ground-mount facility comprised of First Solar Series 3 solar photovoltaic modules with horizontal single-axis trackers.
The U.S. Department of Energy (DOE) awarded The University of Texas at Austin a $12 million grant to fund carbon storage research aimed at reducing greenhouse gas emissions. The four-year DOE grant will fund a carbon storage research project at the university’s Center for Frontiers of Subsurface Energy Security. This grant is a renewal of the department’s five-year, $15.5 million research grant to the center in 2009.