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Electricity Markets
The U.S. Court of Appeals for the District of Columbia Circuit on July 10 issued an opinion that denied an appeal filed by the American Public Power Association and several other parties that challenged certain aspects of Federal Energy Regulatory Commission Order Nos. 841 and 841-A, which
CPS Energy, the public power utility serving San Antonio, Texas, is moving ahead with plans for two substations designed to meet the needs of the growing metropolitan area.
Customer Service
Due to the industry’s effective response to the COVID-19 pandemic, customer trust in utilities – including a number of public power utilities -- has reached an historic high, according to a recent survey.
In recent joint comments submitted to the Federal Communications Commission (FCC), the American Public Power Association and several other trade groups argue that the FCC should refrain from further expanding unlicensed operations in the 6 GHz band “until such time that additional testing has been conducted to prove that unlicensed operations will not cause harmful interference to licensed microwave systems.”
Rep. Diana DeGette, D-Colo., on July 9 introduced legislation that seeks to achieve net-zero carbon dioxide emissions (CO2) from the electric sector by 2050 through the creation of a zero-emission electricity standard (ZEES).
Bonds and Financing
Sens. Roger Wicker, R-Miss., and Michael Bennet, D-Colo., on July 8 unveiled the introduction of S. 4303, the American Infrastructure Bonds Act, which would allow the issuance of taxable direct payment bonds, akin to a Build America Bond.
Due to the anticipation of generation unit retirements, City Water, Light and Power (CWLP) of Springfield, Ill., is seeking bids for power purchase agreements (PPA) with a commercial operation date between 2021 and 2023 from new or existing resources.
Bonds and Financing
Moody’s Investors Service has affirmed its Aa3 rating with a stable outlook on Western Minnesota Municipal Power Agency’s (WMMPA) power supply revenue bonds.