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The planned $8 billion Atlantic Coast natural gas pipeline project is dead, and Dominion Energy is selling its natural gas business to Berkshire Hathaway Energy for nearly $10 billion.
Electricity Markets
Joy Ditto, President and CEO of the American Public Power Association, Delia Patterson, Senior Vice President of Advocacy and Communications and General Counsel at APPA, and David Wade, President and CEO of the Electric Power Board of Chattanooga, have been appointed to serve as members of the Department of Energy’s Electricity Advisory Committee (EAC).
The slowdown in economic output and industrial activity as a result of efforts to slow the spread of COVID-19 is expected to reduce carbon dioxide (CO2) emission levels and accelerate the decline of coal fired generation, according to a report from Moody’s Investors Service.
Bills and Rates
The House on July 1 passed H.R. 2, the Moving Forward Act, by a vote of 233 to 188. The $1.5 trillion infrastructure bill includes a number of key priorities for public power.
Bills and Rates
The American Public Power Association is urging its member utilities to reach out to their congressional delegation in support of legislation that would provide direct COVID-19 pandemic-related aid for public power utilities.
Customer Service
Utilities are uniquely challenged during the COVID-19 pandemic to maintain essential services and customer satisfaction while controlling costs. Texting can help in that effort.
Bonds and Financing
A bipartisan group of senators on July 1 introduced the Lifting Our Communities through Advance Liquidity for Infrastructure (LOCAL Infrastructure) Act, which would reinstate the ability to issue tax-exempt advance refunding bonds.
Bills and Rates
The U.S. Department of Treasury last week released further guidance on the use of coronavirus relief funds (CRF) to states, counties, and localities authorized under the Coronavirus Aid, Relief, and Economic Security (CARES) Act.