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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

L.A. Gets $181 Million from Municipal Utility

LCG, Nov. 27, 2001--Commissioner of the Los Angeles Board of Water and Power -- governors of the city's huge municipal utility -- have approved a transfer of $181,400,000 to the city's general fund for the current fiscal year.

The Los Angeles City Council was scheduled to vote today on whether the utility -- the Los Angeles Department of Water and Power -- should hang onto its interest in the Mohave coal-fired power plant in Nevada. A lot of that $181,400,000 was produced by LADWP sales of surplus power to the California independent System Operator and the California Department of Water Resources at top dollar.

The LADWP's annual transfer to the city of Los Angeles equals 5 percent of the utility's gross revenues for water and electric services, and this year's infusion of cash to the city was about 25 percent higher than last year's, as the result of power sales.

About 85 percent of the transfer, or $154,153,000 will come from LADWP's Power Revenue Fund.

"We are fortunate that in the midst of the city's economic downturn, the Department of Water and Power is able to make its contribution to the city," said Mayor James K. Hahn. "These funds will go a long way to help the city continue to provide vital services such as fire and police protection, libraries and recreational facilities."

"This transfer demonstrates one of the benefits of public power," said DWP Board President Kenneth T. Lombard. "We are proud that in addition to meeting the water and electricity needs of the city, DWP pays dividends to the residents of Los Angeles in the form of support for necessary city and community services."

Members of the City Council say they are predisposed to vote in favor of keeping the city's 316 megawatt interest in the Mohave power plant.

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