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Bonds and Financing
A provision that would have repealed statutory exceptions to the domestic content requirement for elective payment was not included in the text of the One Big Beautiful Bill Act of 2025 (OBBBA) released by Senate Budget Committee Chairman Lindsey Graham (R-SC) over the weekend.
Electricity Markets
The Federal Energy Regulatory Commission on June 26 largely accepted, subject to additional changes, filings submitted by the Midcontinent ISO and the Southwest Power Pool in compliance with Order 2023, which requires all transmission owners to adopt interconnection queue reforms.
Electricity Markets
At its June 26 Board of Directors meeting, Illinois Municipal Electric Agency members voted to approve the Village of Winnetka’s Power Sales Contract and New Capacity Purchases Agreement.
Reliability
The following is a transcript of the May 26, 2025, episode of Public Power Now. Learn more about subscribing to Public Power Now at Publicpower.org/Podcasts. Some quotes may have been edited for clarity. Paul Ciampoli Welcome to the latest episode of Public Power Now. I'm Paul Ciampoli, APPA’s News
Electricity Markets
Markets+, the Southwest Power Pool’s western day-ahead and real-time market, reached a major milestone this week as it entered the second phase of development, backed by secured financing to cover the $150 million needed for full market implementation.
Bonds and Financing
City Utilities of Springfield, Mo., will save customers approximately $1.3 million each year by refunding its revenue bonds and issuing new bonds at a lower interest rate, the public power utility said on June 27.
Electricity Markets
New Jersey Assembly Democrats recently introduced legislation that would direct the New Jersey Board of Public Utilities to work with neighboring states to explore alternatives to the PJM Interconnection’s capacity and transmission market.
Reliability
An official with the North American Electric Reliability Corp. on June 26 provided details on the April 2025 blackout that affected Spain and Portugal, with the official saying that the North American grid has already implemented measures to mitigate against the issues that caused the Iberian Peninsula Blackout.