Generation
The Omaha Public Power District recently celebrated the completion of its Standing Bear Lake Station with a ribbon-cutting event.
Reliability
Platte River Power Authority’s Board of Directors on Dec. 11 approved the wholesale power provider’s 2026 Strategic Budget during their board meeting, enabling the utility to move forward with over $530 million for core operations and strategic investments in the owner communities’ directive to decarbonize the electric energy portfolio.
Transmission
The PJM Interconnection reviewed the proposals being considered for the 2025 Regional Transmission Expansion Plan Window 1 during the Dec. 8 meeting of the Transmission Expansion Advisory Committee (TEAC).
Generation
Capital Power, which is headquartered in Canada, has entered into an memorandum of understanding with Apollo Funds to form an investment partnership to pursue the acquisition of merchant U.S. natural gas generation assets, with total potential committed equity of up to $3 billion.
Reliability
The House of Representatives on Dec. 11 passed H.R. 3898, the Promoting Efficient Review for Modern Infrastructure Today (PERMIT) Act, by a vote of 221-205.
Workforce
New York Gov. Kathy Hochul recently announced $40 million in new annual workforce development funding over the next four years from the New York Power Authority (NYPA) to develop the workforce needed to support advanced nuclear energy in Upstate New York.
Reliability
Arizona public power utility Salt River Project ranked third nationwide among electric utilities serving more than 500,000 customers for reliability performance, according to the U.S. Energy Information Administration (EIA), SRP recently reported.
Bonds and Financing
Texas public power utility Kerrville Public Utility Board on Dec. 12 announced that its inaugural Public Facility Corporation bond issuance, supporting the construction of KPUB’s new 122-megawatt natural gas-fired generation facility, has been named the 2025 Small Issuer Financing Deal of the Year by The Bond Buyer.
Distributed Energy Resources
The Gila River Indian Community Utility Authority, an Arizona public power utility, in late September held a groundbreaking ceremony for the Olas S-thoñ solar site.
Bonds and Financing
Fitch Ratings has affirmed its rating of AA- on approximately $14.5 million in outstanding revenue bonds issued by the Massachusetts Municipal Wholesale Electric Company (MMWEC) for the MMWEC Master Sergeant Alexander Cotton Memorial Solar Project in Ludlow, MA.