In a news release Tuesday, Republican U.S. Sen. Lamar Alexander praised the nomination of Beth Harwell to the Tennessee Valley Authority board.
Bastone has nearly 20 years of human resources and human capital strategy experience, spending over half of that time in financial services. In 2017, Bastone became a partner at Exos Financial, a company that delivers the services of a traditional investment bank, reimagined to the digital world and integrated into a powerful technology platform.
With approval by the Public Service Commission of the District of Columbia, Pepco is moving forward with its Capital Grid project, a ten-year strategy to strengthen the resiliency and reliability of the District's energy grid by modernizing aging infrastructure while creating a smarter energy system
The plans outline an additional $572 million in capital investments over the next five years across FirstEnergy's Pennsylvania utilities.
The multiphase Communications Backbone initiative, first announced in 2017, involves the installation of fiber optic cables and other communications systems connecting NYPA’s 16 power generating facilities and 1,400 miles of transmission infrastructure to its White Plains office and the Integrated Smart Operations Center.
PG&E has said the deliberate blackouts could be a recurring event for the next decade while it spends billions of dollars to upgrade its outdated electrical grid. Alsup said he thinks that reliance on blackouts stems in part from PG&E's tree-trimming shortcomings.
The utility, Central Maine Power, wants to build a 145-mile line to bring power to the regional grid from Quebec. State campaign finance reports released this week show a political action committee supported by CMP spent most of the money on television advertisements.