Dear Reader,
It is days like this, when we have no power at home, that we can appreciate how fortunate we are to normally have uninterrupted electricity in our homes and businesses. Like all essential services, such as water/wastewater, gas, waste management, and public safety, you don't appreciate the service until it is gone.
It is easy for the general public to demonize a utility. Admittedly PG&E could undoubtedly have handled things better over the last several years here in Northern California on both the electric and gas service fronts. That said, operating billions of dollars of power delivery assets in the 70,000 square mile tinderbox that is California isn't easy. The rate-paying public does not want to pay the full cost of protecting essential services that would include under-grounding transmission and distribution lines.
The field operations men and women trying to manage our infrastructure under these problematic conditions don't deserve the personal attacks reported in today's news.
Enough editorializing. My battery is running low. We hope you enjoy this month's Power Roundup.
Best, Dave Cox
Connecticut Governor, Ned Lamont, D, signed an executive order on September 3, 2019, directing state regulators to lay out a plan to reach 100% carbon-free electricity by 2040.
For additional information see: http://tinyurl.com/CarbonFreeConnecticut
Virginia Governor Ralph Northam, D, signed an executive order on September 19, 2019, directing regulators to establish a path for 100% of Virginia’s electric system to be emissions-free by 2050.
For additional information see: http://tinyurl.com/CarbonFreeVirginia
Wisconsin Governor Tony Evers, D, signed an executive order on Aug. 16, 2019, that calls for the state's energy usage to be 100% carbon-free by 2050. That would make Wisconsin the first state in the American Midwest with a 100% clean energy commitment.
For additional information see: http://tinyurl.com/WisconsinCleanEnergy
The Nuclear Energy Renewal Act introduced by Sens. Chris Coons, D-Del., and Martha McSally, R-Ariz., on August 1, 2019, authorizes $755 million per year (from 2019 to 2029) to "enhance the economic viability of the current U.S. nuclear fleet.
For additional information see
American Council for an Energy-Efficient Economy (ACEEE) released their latest scorecard, ranking 75 U.S. cities based on their performance to adopt clean energy policies and programs.
The Top 10 cities that excel are: Boston, San Francisco, Seattle, Minneapolis, Washington, DC, New York City, Los Angeles, Denver, Austin, TX, and Portland, OR
On the other hand, Cincinnati, Ohio; Hartford, Connecticut; and Providence, Rhode Island, are listed as the ones that can improve.
For additional information see: tinyurl.com/ACEEECityScorecard
As per FirmoGraphs’ records, the following M&A transactions in the Power Generation and Supply Industry, stand out in the month of September:
Don't miss the opportunity to have face-to-face meetings with your prospects and customers! We track meetings of interest to our customers serving the US power generation and supply industry so you won’t miss upcoming meetings and deadlines.
Event: ACAA's Fall Committee Meeting
URL: https://www.acaa-usa.org/events/upcomingevents.aspx
Dates: Oct. 29 - Oct. 30, 2019
Location: Pittsburgh, Pennsylvania
Date Early Registration: Oct. 18, 2019
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