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Bonds and Financing
Guidance relating to the Tax Code section 45U existing nuclear tax credit and to Tax Code sections 7701(a)(51) and (52) regarding prohibited foreign entity and material assistance restrictions for energy tax credits were among the 105 projects listed in the U.S. Department of Treasury “2025-2026 Priority Guidance Plan” released Sept. 30.
Electricity Markets
With none of 12 annual appropriations bills signed into law and discussions of a stopgap spending bill at a stalemate, some federal offices will have closed starting Oct. 1, the beginning of the new fiscal year.
Environment
The Environmental Protection Agency’s Office of Water released the prepublication versions of its proposed rule and accompanying direct final rule (DFR) to provide compliance flexibility for power plants subject to the 2024 supplemental steam electric effluent limitation guidelines.
Customer Service
Open configuration options SPONSORED ADVERTISING FEATURE Utilities face several challenges as they address an increasing number of outages. About 83% of major U.S. power outages between 2000 and 2021 were driven by weather-related events, according to Climate Central. As customers grapple with these
Energy Storage
Texas public power utility CPS Energy on Sept. 30 announced the beginning of operations of Padua 1, a 50-megawatt, two-hour duration Battery Energy Storage System in Bexar County.
Distributed Energy Resources
The Board of Directors for Minnesota public power utility Rochester Public Utilities has passed a resolution reaffirming its commitment to achieve 100% net renewable electricity by 2030.
Generation
City Utilities of Springfield – a Missouri public power utility – on Sept. 30 broke ground on a major project to meet the growing need for electricity. Construction has begun on three new natural gas turbines at McCartney Generating Station, which will provide 150 megawatts of locally generated power for the community.
Transmission
Siding with Maine’s ratepayer advocate, the Federal Energy Regulatory Commission recently issued an order requiring transmission owners in New England to answer questions about their asset condition planning procedures as part of an annual formula rate review.