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The following is a transcript of the Dec. 9, 2024, 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
The Long Island Power Authority’s Board of Trustees in December approved a proposal for LIPA to execute a Power Supply Management and Fuel Supply Management Services Agreement with The Energy Authority Inc. for a five-year term.
The Treasury Department and Internal Revenue Service recently issued a notice of proposed rulemaking on the credit for Qualified Commercial Clean Vehicles (tax code section 45W).
As part of the sustainable energy plan for Colorado Springs Utilities and related to a 2023 request for proposals for 1,700 megawatts of new generation and battery storage, several major projects are underway to provide reliable and cost-effective power for generations to come, the Colorado public power utility said in December.
Constellation and Calpine Corp. on Jan. 10 announced they have entered into a definitive agreement under which Constellation will acquire Calpine in a cash and stock transaction valued at an equity purchase price of approximately $16.4 billion, composed of 50 million shares of Constellation stock and $4.5 billion in cash plus the assumption of approximately $12.7 billion of Calpine net debt.
Investment funds managed by KKR, a global investment firm, and the Public Sector Pension Investment Board, one of Canada’s largest pension investors, announced an agreement to acquire a 19.9% interest in American Electric Power’s Ohio and Indiana & Michigan transmission companies for $2.82 billion.
The U.S. Department of Energy’s Loan Programs Office announced a conditional commitment for a loan guarantee of up to $1.76 billion (including up to $279 million in capitalized interest) to GEM A-CAES, LLC for the Willow Rock Energy Storage Center, an advanced compressed air energy storage system (A-CAES) in Eastern Kern County, California.
The Vermont Public Power Supply Authority that Burlington Electric Department has joined VPPSA as a Strategic Member.