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New data shows Xcel Energy Colorado’s 2016-2017 all-source competitive solicitation (ASCS) secured even lower costs than power sector leaders previously thought, adding momentum to interest in this emerging approach to procurement.
Xcel’s ASCS returned a $0.017/kWh bid for wind, a $0.023/kWh bid for solar, and a $0.03/kWh bid for solar-plus-storage, according to a February 2021 Xcel presentation to Michigan regulators. These prices, compared to Colorado’s average January 2021 residential electricity price of $0.126/kWh, have other utilities asking how they can use this procurement approach.
ASCSs identify market-based portfolios that meet utility needs on both cost and risk from the full range of options, said 3rdRail Managing Partner Fredrich Kahrl, lead author of a March 2021 Lawrence Berkeley National Laboratory (LBNL) ASCS study. The study outlines 11 ASCS proceedings from investor-owned ut
/PRNewswire/ Northern Indiana Public Service Company, LLC (NIPSCO), a subsidiary of NiSource Inc. (NYSE: NI), has announced the opening of its next round of.
Press release content from PR Newswire. The AP news staff was not involved in its creation.
NiSource Reports First Quarter 2021 Results
May 5, 2021 GMT
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MERRILLVILLE, Ind., May 5, 2021 /PRNewswire/ NiSource Inc. (NYSE: NI) today announced, on a GAAP basis, net income available to common shareholders for the three months ended March 31, 2021 of $281.7 million, or $0.72 diluted earnings per share, compared to a net income available to common shareholders of $61.8 million, or $0.16 diluted earnings per share, for the same period of 2020.
NiSource also reported non-GAAP net operating earnings available to common shareholders of $304.8 million, or $0.77 diluted earnings per share, for the three months ended March 31, 2021, compared to non-GAAP net operating earnings available to common shareholders of $290.9 million, or $0.76 diluted earnings per share, for the same period of 2020. Schedule 1 of this press release contains a complete reconciliation of GAAP measures to non-GAAP
MERRILL â Oak Farm Montessori School in Avilla is the recipient of a $4,000 Environmental Action Grant from NIPSCO for its prairie and oak woodland restoration project.
NIPSCO recently announced recipients of its 2021 Environmental Action Grant program, awarded to 18 local organizations that applied for the funding earlier this year.
In its sixth year, NIPSCOâs Environmental Grant has donated $370,000 to date, helping 92 projects come to fruition across Northern Indiana.
This yearâs projects include multiple wetland restoration projects, launch of Conservation Buddies at Big Brothers Big Sisters of Northeast Indiana, continued support of pollinator habitats and corresponding education programs, a restoration project at Fulton Countyâs Richland Restoration Nature Park and support of a Smithsonian exhibit about water/ways in Kosciusko County. Additionally, support includes several projects at the Indiana Dunes, Indianaâs National Park.
Longtime NIPSCO executive Don Babcock joins Purdue Northwest Chancellor s staff thepilotnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thepilotnews.com Daily Mail and Mail on Sunday newspapers.