Utility Financial Services
Electric System Services
The governing boards of the Florida Municipal Power Agency on March 21 gave final approval to agreements that will allow the city of Vero Beach to exit FMPA’s power projects and sell its electric utility.
The House on March 22 passed legislation that includes a number of significant items for public power utilities including language on vegetation management and funding for an American Public Power Association cybersecurity and cyber-resiliency cooperative agreement with the Department of Energy.
In addition, the measure boosts annual funding for th...
The nation’s regional transmission organizations and independent system operators recently responded to a Federal Energy Regulatory Commission order by submitting filings that discuss how to define resilience, detail their efforts to assess and maintain grid resilience and, in some instances, offer proposals for ways in which to enhance resiliency.
Many utilities are faced with an aging workforce that is beginning to retire — taking decades of institutional knowledge with it. The problem is even more acute for small utilities that serve fewer than 5,000 customers and operate with a small number of employees.
The Trump administration accused Russia on Thursday of engineering a series of cyberattacks that targeted American and European nuclear power plants and water and electric systems, and could have sabotaged or shut power plants off at will.