The three major U.S. rating agencies reported strong credit ratings and credit quality for the San Diego County Water Authority kicking off 2022. Newly released analysis by Fitch Ratings, S&P Global, and Moody’s allow the Water Authority to optimize its debt portfolio and minimize the cost of financing vital water reliability projects.
“Dry January” usually means abstinence from alcohol following the excesses of the holiday season, but this year it took on another meaning as well. While December storms brought more than double the normal level of precipitation, January saw Arizona and other Western states return to drought conditions. According to a Jan. 21 report from the National […]
Last month was among the driest Januaries on record, according to data collected in cities across the Bay Area, with one South Bay city recording an almost immeasurably small amount of precipitation. The uniquely dry start to 2022 is expected to continue, according to National Weather Service meteorologists, with little chance of rain expected until mid-February.
Just days after the California Energy Commission announced the first application in the state for storage using compressed air, another long-term storage proposal advanced: a 500 MW project that would use pumped storage at the San Vicente Reservoir in eastern San Diego County. The City of San Diego and the San Diego Water Authority board […]
California’s second snow survey of the season arrived on the heels of one of the state’s driest Januarys on record, and officials are warning that a third dry year is possible unless more rain and snow arrive soon. Surveyors from the California Department of Water Resources gathered Tuesday at Phillips Station near South Lake Tahoe […]
Supporters of a proposed November ballot measure to provide billions of dollars to build new dams, desalination plants and other large water projects in California announced Tuesday they are ending their campaign due to lack of signatures and funding. “Despite crafting an initiative that would solve California’s challenge of chronic and worsening water scarcity, and […]
Credit Agencies Cite Water Authority Diversification, Reliability for Strong Ratings
/in California and the U.S., Media Coverage, San Diego County /by Mike Lee /yahoo!finance Quoted: San Diego County Water AuthorityThe three major U.S. rating agencies reported strong credit ratings and credit quality for the San Diego County Water Authority kicking off 2022. Newly released analysis by Fitch Ratings, S&P Global, and Moody’s allow the Water Authority to optimize its debt portfolio and minimize the cost of financing vital water reliability projects.
Dry January Portends More Drought Ahead for Northern Arizona
/in California and the U.S., Media Coverage /by Mike Lee /Arizona Daily Sunby Sean Golightly“Dry January” usually means abstinence from alcohol following the excesses of the holiday season, but this year it took on another meaning as well. While December storms brought more than double the normal level of precipitation, January saw Arizona and other Western states return to drought conditions. According to a Jan. 21 report from the National […]
This S.F. Bay Area City Just Had Its Driest January on Record
/in California and the U.S., Media Coverage /by Mike Lee /San Francisco Chronicleby Jessica FloresLast month was among the driest Januaries on record, according to data collected in cities across the Bay Area, with one South Bay city recording an almost immeasurably small amount of precipitation. The uniquely dry start to 2022 is expected to continue, according to National Weather Service meteorologists, with little chance of rain expected until mid-February.
Long-Duration Storage Projects Gaining Steam
/in California and the U.S., Home Headline, Media Coverage /by Mike Lee /California Currentby Elizabeth McCarthy Mentioned: San Diego Water AuthorityQuoted: San Diego County Water Authority
Just days after the California Energy Commission announced the first application in the state for storage using compressed air, another long-term storage proposal advanced: a 500 MW project that would use pumped storage at the San Vicente Reservoir in eastern San Diego County. The City of San Diego and the San Diego Water Authority board […]
California Snowpack Dwindles After a Dry January
/in California and the U.S., Home Headline, Media Coverage /by Mike Lee /Los Angeles Timesby Hayley SmithCalifornia’s second snow survey of the season arrived on the heels of one of the state’s driest Januarys on record, and officials are warning that a third dry year is possible unless more rain and snow arrive soon. Surveyors from the California Department of Water Resources gathered Tuesday at Phillips Station near South Lake Tahoe […]
California Ballot Measure to Build More Reservoirs, Water Projects Dies Due to Lack of Signatures
/in California and the U.S., Home Headline, Media Coverage /by Mike Lee /The Mercury Timesby Paul RogersSupporters of a proposed November ballot measure to provide billions of dollars to build new dams, desalination plants and other large water projects in California announced Tuesday they are ending their campaign due to lack of signatures and funding. “Despite crafting an initiative that would solve California’s challenge of chronic and worsening water scarcity, and […]