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people
Gallatin Department of Electricity General Manager Mark Kimbell has announced plans to retire Aug. 20, 2027, concluding a 44-year career in public power marked by significant growth at GDE, industry leadership and a commitment to preparing both the utility and the people around him for the future
bonds
Bonds and Financing
The Metropolitan Water District of Southern California has maintained strong credit ratings from the nation’s leading credit rating agencies, reflecting Metropolitan’s sound financial management, strong liquidity and disciplined long-term planning as the district fulfills its essential role in
solar
Distributed Energy Resources
Effective October 1, Texas public power utility Austin Energy increased the Value of Solar rate by 27%, adding hundreds of dollars in potential annual solar bill credits to participating customers. The Value of Solar rate is the bill credit customers receive for energy generated by their on-site
power lines
Electricity Markets
Voltus, a distributed energy resource platform, and Google on Oct. 22 announced an expanded agreement to build a 1 gigawatt virtual power plant in the PJM grid region. In June 2026, Google and Voltus signed an initial agreement to deliver 100 megawatts of flexible power capacity in PJM. The Oct. 22
nuclear
Generation
The Nuclear Company on Oct. 21 announced Prosperity One, a proposed nuclear energy campus in Lewis County, Kentucky, that could accommodate up to six Westinghouse AP1000 reactors generating approximately 6.6 gigawatts of electricity. Located along the Ohio River in eastern Kentucky, the proposed
congress
Bonds and Financing
A report released on Oct. 22 by Democrats on the Senate Finance Committee shows that 2,645 returns earned $2.5 billion in direct pay tax credits in 2023, and 2024, the first two years in which tax credits were available. Direct payment -- also known as elective payment -- of tax credits to tax
transformer
Reliability
New York Gov. Kathy Hochul on Oct. 22 announced that Niagara Power Transformer, a Buffalo manufacturer of transformers essential to the operation and modernization of the electric grid, has broken ground on a more than $71 million expansion that will increase its production capacity by 50 percent
capitol
Reliability
A bipartisan group of 29 members on Oct. 23 sent a letter to Speaker Mike Johnson (R-LA), Minority Leader Hakeem Jeffries (D-NY), House Armed Services Committee Chairman Mike Rogers (R-AL), and Ranking Member Adam Smith (D-WA) urging them to attach the Fix Our Forests Act (FOFA) to the annual