Michael L. Nealy, Business Manager
Around the Local
The City of Shelton has lifted a stop-work order on a major mixed-use development project featuring hotel, restaurant, and retail components. The decision allows construction to resume on the Bridgeport Avenue project after addressing regulatory compliance issues, moving forward with plans to bring new hospitality and commercial services to the area. Source: ctinsider.com
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A development team has submitted proposals for a mixed-use project in Norwalk combining residential apartments and office space. The Water Street area project represents part of ongoing efforts to increase housing density and commercial development in the city's core areas, contributing to urban revitalization goals. Source: thehour.com
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Grid operators are deploying synchronous compensators and advanced technologies to maintain grid stability as renewable energy sources increase. These rotating machines provide essential grid inertia and frequency control that traditional power plants once supplied, helping prevent blackouts in high-renewable grids. Source: bloomberg.com
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New York utilities are implementing grid-enhancing technologies to improve transmission efficiency and reliability while reducing costs for ratepayers. These advanced systems optimize power flow, reduce congestion, and enhance grid monitoring capabilities without requiring extensive new infrastructure construction. Source: utilitydive.com
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Google has partnered with Kairos Power to develop 500 megawatts of advanced small modular nuclear reactors by 2035, with the first unit coming online by 2030. The deal represents a major tech company investment in clean, reliable baseload power to meet growing AI and data center energy demands. Source: foxbusiness.com
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