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FERC and NERC Issue Joint Report on System Performance During the January 2025 Arctic Weather

LCG, April 17, 2025--The Federal Energy Regulatory Commission (FERC), the North American Electric Reliability Corporation (NERC), and its Regional Entities today issued a joint staff report concluding that the nation’s Bulk-Power System (BPS) "performed well during successive cold weather events in January 2025, without major issues in either the natural gas or electric systems."

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Matrix Renewables Announces the Commissioning of Pleasant Valley Solar 1

LCG, April 15, 2025--Matrix Renewables announced today the successful commissioning of the Pleasant Valley Solar 1 power generation facility in Ada County, Idaho. The 200-MWac solar facility includes a Power Purchase Agreement (PPA) that was secured through negotiation with Meta and Idaho Power. Matrix Renewables states the facility is the largest operational solar facility in Idaho Power's system. Sundt Renewables, the Engineering, Procurement, and Construction (EPC) services provider, completed construction of the project on March 2nd.

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Industry News

Regulators to Review Florida Power & Light Base Rates

LCG, May 16, 2001The Florida Public Service Commission yesterday approved a staff recommendation that it conduct a full review of the base rates of Florida Power & Light Co., the operating subsidiary of FPL Group Inc.

Once the regulators make their initial filings, FPL will have until August 15 to provide financial information.

"We are disappointed that the Commission decided to initiate a rate proceeding to review FPL's rates. This action is a step back from incentive-based regulation to the time-consuming and costly rateproceedings of years past," grumped Paul Evanson, president of the utility.

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"We believe our current three-year revenue-sharing agreement, which still has one year to run, hasalready provided significant savings of more than $800 million for our customers. Embarking on acollaborative process aimed toward a new incentive-based agreement would have yielded far betterresults for our customers," he added.

Separately, FPL said it, Florida Power Corp. and Tampa Electric Co. have requested that the commission open a separate generic docket to address issues related to their participation in a regional transmission organization the call GridFlorida. The companies say they are forming the RTO in response to the Federal Energy Regulatory Commission orders.

The commission deferred consideration of the utilities' motion, which also upset Evanson. "Without resolution of the PSC's concerns associated with GridFlorida, the participants will re-evaluate the timing and developmental plans for the RTO," he said.

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