Reliability Levels at All-Time Highs for Keys Energy Services

Florida public power utility Keys Energy Services recently completed a review of power outage statistics for calendar year 2022 that showed power reliability levels are at all-time highs for the utility.

Grand Haven Board of Light & Power Approves $38 Million Budget

The Grand Haven Board of Light & Power, a Michigan public power utility, recently approved a $38 million budget for fiscal year 2024.

MidAmerican Energy, MRES Discontinue Development of Pumped Hydro Project

MidAmerican Energy and Missouri River Energy Services have decided not to pursue a pumped hydro project at this time, MRES said on May 23. MidAmerican Energy and MRES teamed up to explore the Gregory County Pumped Storage Project as a way to store the energy that is already being generated from
nuke

Constellation Energy in Deal to Buy NRG’s Stake in South Texas Nuclear Project

Constellation Energy is acquiring NRG Energy’s 44 percent stake in the 2,645-megawatt South Texas Project nuclear plant in Texas.
grid

President Biden Signs Bill Lifting Debt Limit into Law; Measure Addresses Energy Permitting

President Biden on June 3 signed into law legislation that lifts the U.S. debt limit through 2024 and includes energy permitting reforms.

SMUD to Issue Approximately $495 Million of Revenue Bonds

California public power utility SMUD on June 2 said that it plans to issue approximately $495 million of revenue bonds and revenue refunding bonds this month.