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The Tennessee Valley Authority on May 13 priced $1.5 billion of new 10-year maturity global power bonds, with an interest rate of 4.875% -- the agency’s largest bond transaction since 2011. This is TVA’s fourth offering of new bonds and other long-term financings in less than a year. Proceeds of the
The House Ways and Means Committee on May 14 passed the tax title to budget reconciliation legislation for Fiscal Year 2025 and beyond.
The House on May 13 passed the Fire Safe Electrical Corridors Act of 2025 by unanimous consent.
ENGIE North America has entered into a preliminary agreement with Cipher Mining Inc. to enter into a power supply agreement to power a Cipher data center in Texas.
Load growth is expected to drive higher peak demand this summer and could strain resources in some areas during certain periods, the North American Electric Reliability Corporation said on May 14. According to NERC’s 2025 Summer Reliability Assessment, aggregated peak demand is forecast to increase
The U.S. Nuclear Regulatory Commission has accepted Dow’s construction permit application to build X-energy's first small modular reactor plant to power a chemical facility in Seadrift, Texas.
The New York Power Authority on May 14 announced the selection of four more pre-qualified private developers and investors to collaborate with NYPA on the development of renewable energy generating projects, including solar photovoltaic, wind, battery storage, green hydrogen, geothermal, and related transmission.
The Los Angeles Board of Water and Power Commissioners on May 13 voted to adopt a resolution to recommend the Los Angeles City Council authorize a power sales agreement between the Los Angeles Department of Water and Power and the Southern California Public Power Authority for the 300-megawatt Milford Solar Phase II project.
NewCarbon has finalized a 25-year agreement with the City of Hastings, Nebraska, a public power community, to convert methane emissions from the Hastings Sanitary Landfill into renewable natural gas.
Higher than expected revenues, lower expenses and debt management have resulted in the Bonneville Power Administration forecasting net revenues of $210 million, $70 million above agency targets, BPA said on May 15.