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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

Washington Okays Avista Cost Recovery Plan

LCG, May 25, 2001--The Washington Utilities and Transportation Commission has approved an unopposed settlement agreement reached last month between Avista Corp., the staff of the WUTC, the Public Counsel Section of the Washington Attorney General's Office and the Industrial Customers of Northwest Utilities.

Under the agreement, Avista will be able to extend to February 2003 a deferred accounting method that will allow it to weather a period of power shortages without increasing rates to its customers, the company said this morning.

Avista said it expects to be in a surplus power position next year and the revenues from surplus power sales are expected to offset power costs the company has been incurring since July of last year. The company said it anticipates reducing the power-cost deferral balance to zero by the end of February 2003.

In its order, the commission said "Our approval of the Settlement Stipulation offers significant potential that Avista will not seek any increase in rates to its customers related to power supply costs despite the volatility of wholesale power markets in our region during recent periods."

Gary G. Ely, Avista's chief executive, said his company has "worked extremely hard to shield our customers from the substantial electric rate increases that others throughout the region are already experiencing."

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