Generation
The U.S. Energy Information Administration expects U.S. hydropower generation will increase by 7.5% in 2025.
Electricity Markets
The Turlock Irrigation District, a California public power utility, has signed an implementation agreement to join the Extended Day-Ahead Market, which the California Independent System Operator is launching next spring, CAISO said on May 19.
Electricity Markets
New Mexico investor-owned utility TXNM Energy on May 19 announced an agreement under which Blackstone Infrastructure will acquire TXNM Energy for $61.25 per share in cash upon closing, reflecting a total enterprise value of $11.5 billion, including net debt (excluding securitization debt) and preferred stock.
Generation
The Environmental Protection Agency recently moved to clarify when stationary emergency backup generators may operate in nonemergency situations.
Generation
The Tennessee Valley Authority announced May 20 that it is the first utility in the U.S. to submit a construction permit application for the GE Vernova Hitachi Nuclear Energy small modular reactor BWRX-300 technology to the U.S. Nuclear Regulatory Commission.
Distributed Energy Resources
Empire Offshore Wind LLC, a subsidiary of Equinor ASA, has been informed by the Department of the Interior’s Bureau of Ocean Energy Management that the stop work order has been lifted for the Empire Wind project, allowing construction activities to resume.
Generation
The House of Representatives recently approved by voice vote H.R. 1001, legislation providing for a memorandum of understanding (MOU) to address diminishing hydropower production at the Glen Canyon Dam in Arizona.
Distributed Energy Resources
The Department of the Interior recently announced the proposed rescission of a rule governing solar and wind energy development on public lands.
Electricity Markets
In a significant step toward modernizing how it purchases and manages power, the Imperial Irrigation District Board of Directors has approved a $24 million budget amendment to advance preparations for joining two key Western electricity markets -- the Energy Imbalance Market and the Extended Day-Ahead Market, IID said on May 20.
Bills and Rates
The proposed fiscal year 2026 budget for Gainesville Regional Utilities recommends no electric base rate increases for the second consecutive year. Florida public power utility GRU presented its proposed budget to the Gainesville Regional Utilities Authority during a meeting on May 14. GRU has