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Utilities garner sustainability honors

Both the importance and the understanding of sustainability has grown dramatically over the past 15 years, and those utilities which have grasped that are being recognized by the Dow Jones Sustainability Index (DJSI) -- a leading benchmark in the field. The DJSI tracks the performance of the top 20 percent of the 600 largest North American companies in the S&P Global Broad Market Index based on a variety of criteria, including climate change strategies, energy consumption, human resources development, knowledge management, stakeholder relations and corporate governance.

Dominion to acquire EDF RE solar projects

Dominion has announced plans to acquire two solar energy projects from EDF Renewable Energy (EDF RE). The two California solar projects in question total 42 MW. These acquisitions would increase dominion's renewable energy generation and growth strategy, aligning with its portfolio of regulated and long-term contracted assets.

Advanced buoys offer real-world offshore wind data

The U.S. Department of Energy's Office of Energy Efficiency & Renewable Energy has purchased two 20,000-pound buoys complete with the latest in meteorological and oceanographic equipment to enable more accurate predictions of the power-producing potential of winds that blow off U.S. shores. The buoys are expected to improve offshore turbine performance in the near term and reduce barriers to private investment in large-scale offshore wind energy development in the long term.

Duke Energy increasing NC solar by 60 percent

Duke Energy is making a major expansion of solar power in North Carolina -- to the tune of $500M -- culminating the utility's request for proposals (RFP) in February 2014 and furthering its commitment to renewable energy, diversifying its energy portfolio and meeting North Carolina's Renewable Energy and Energy Efficiency Portfolio Standard (REPS).

Iberdrola expanding electric vehicle fleet

Iberdrola USA is taking to heart an industry-wide goal set by the Edison Electric Institute (EEI) with a signed commitment to spend at least five percent of its annual fleet acquisition budget on plug-in electric vehicles (PEV) and related equipment and technology. The fleet electrification commitment is part of EEI's long-term strategy to develop the PEV market, demonstrating the benefits of PEVs and supporting the growth of the nascent PEV industry.

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From Our Sister Sites

FierceSmartGrid

San Diego Gas & Electric (SDG&E) is seeking between 500 and 800 MW of new, local resources to help replace the power previously provided by the San Onofre Nuclear Generating Station (SONGS), as well as to address the retirement of older, coastal power plants that use once-through-cooling technology.

FierceSmartGrid

According to new research from Northeast Group, LLC, Eurasian countries will invest $18.3 billion in modernizing their electric grid over the next decade.  The region has strong business case for smart grid investment, a number of experienced vendors and significant funding available from multilateral lending organizations. Northeast Group predicts that near-term growth will be focused in Central Asian countries currently battling high electricity losses while larger countries such as Russia will develop in the medium term.