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Electricity Markets
Retail electricity prices have increased faster than the rate of inflation since 2022, and the U.S. Energy Information Administration expects them to continue increasing through 2026, based on forecasts in its Short-Term Energy Outlook.
Workforce
As Ryan Kornegay, an apprentice with Florida public power utility JEA, prepares to take the next step in his career and become a JEA lineworker, his choice of profession flows from a family with a long history in lineworking. Kornegay has won APPA’s Overall Apprentice Award at the Lineworkers Rodeo
Generation
Vistra Corp. on May 15 announced that it has executed a definitive agreement to acquire seven modern natural gas generation facilities, totaling approximately 2,600 MW of capacity, from Lotus Infrastructure Partners.
Generation
California Community Power, a joint powers authority representing nine community choice aggregators serving over 6.7 million residents and 30,000 GWh annually across California, recently issued a Request for Information for geothermal power projects as part of a broader Geothermal Strategic Initiative.
Generation
Massachusetts Gov. Maura Healey recently unveiled legislation that would, among other things, allow Massachusetts to explore cutting edge nuclear technologies and expand the state’s authority to procure energy.
Workforce
Palo Alto, Calif., City Manager Ed Shikada announced on May 15 the selection of Alan Kurotori as Palo Alto’s Utilities Director.
Generation
The Lincoln Electric System Administrative Board recently approved a resolution to amend the 2025 LES Budget and implement a 4% systemwide rate adjustment to fund additional generation for the utility.
Bonds and Financing
Moody’s Ratings has assigned an Aa1 rating to New Braunfels Utilities’ proposed $134 million Utility System Revenue Refunding Bonds, Series 2025, and reaffirmed the Aa1 rating on all existing senior lien revenue debt.