The Federal Energy Regulatory Commission (FERC) on Oct. 21 denied a request by local power companies (LPCs) that the Commission require the Tennessee Valley Authority (TVA) to provide open access transmission service to the LPCs pursuant to section 211A of the Federal Power Act (FPA).
Commissioners at the Federal Energy Regulatory Commission (FERC) recently weighed in with their views on a proposed agreement for a Southeast automated, intra-hour energy exchange. The agreement recently took effect as a result of a deadlock on the Commission.
Fitch Ratings has assigned and affirmed an “AA” rating to bonds issued by North Carolina’s Fayetteville Public Works Commission (PWC). The rating reflects PWC’s very strong financial performance characterized by very low leverage, strong operating cash flow and healthy liquidity, Fitch said.
The Omaha Public Power District (OPPD) Board of Directors recently approved the selection of Jeff Bishop to serve as the utility’s chief financial officer (CFO) and vice president of finance.
Participants in a Lincoln Electric System (LES) program this summer helped the Nebraska public power utility reduce peak summer demand by approximately four megawatts. This was accomplished through 15 events that adjusted thermostat temperatures thanks to program participants.
The Department of Energy (DOE) has released a report on the issues and opportunities facing utilities as electric vehicles become more widespread.
CPS Energy President and CEO Paula Gold-Williams on Oct. 21 informed the public power utility’s Board of Trustees of her plans to leave CPS Energy in early 2022.
JEA, the public power utility serving the greater Jacksonville, Florida, area, has launched JEA Drive Electric, an electric vehicle education, marketing, and peak load reduction program.
The administration of President Joe Biden has outlined a path for the potential sale of up to seven new offshore leases for wind power projects by 2025.
Members of the California delegation in the U.S. House and Senate recently asked Internal Revenue Service (IRS) Commissioner Charles Rettig to provide guidance that recipients of residential utility assistance funded through the Coronavirus State and Local Fiscal Recovery Fund (CSLFRF) will not need to report it as income.