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FERC approved a deal in which BlackRock would buy all the limited liability company interests in Global Infrastructure Management for $3 billion in cash and 12 million shares of BlackRock Funding.
JPxG, CC BY-SA 4.0, via Wikimedia Commons
The issue of how to allocate transmission plan deliverability for projects with long lead-time network and reliability upgrades remained the center of discussion at a CAISO Interconnection Process Enhancements Working Group meeting.
DNV
Before the use of HVDC transmission lines can be expanded in the U.S., the offshore wind industry needs to set some standards, according to a joint company survey.
NYISO
NYISO's update to its draft Reliability Needs Assessment still shows an expected capacity shortfall by 2034, though it is slightly less than what was initially presented in July.
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Now that SPP has set planning reserve margins for the 2026 summer and 2026/27 winter seasons, the grid operator has turned its attention to setting up a longer-term PRM.
Tri-State G&T
The U.S. Department of Agriculture announced more than $7.3 billion in financing for 16 rural cooperatives through its New ERA program.
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The NEPOOL Participants Committee voted to update the Generation Information System to enable the transfer of hourly certificates, opening the door for the sale of hourly renewable energy credits.
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Texas regulators have rejected the second-largest project from its portfolio of potential generation resources that would be built with state funds.
Amazon
Collaboration among stakeholders will be crucial to maintaining Western grid reliability in the face of increasing demand posed by large loads such as new data centers, speakers said during a webinar hosted by WECC.
Entergy Arkansas
The DOE awarded grants to nearly 300 projects at hydroelectric facilities to enhance dam safety, strengthen grid resilience and improve the environment.
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