A weekly e-newsletter for FMPA members
Dec. 27, 2010
Cane Island Unit 4
The construction team at Cane Island Unit 4 reached an important milestone last week by successfully completing the hydrostatic test of the heat recovery steam generator. The plant is now in the start-up phase, and crews are preparing for the first-fire test scheduled for Jan. 21. Work at the plant has stopped for the holidays and will resume Jan. 3. Contact: Jim Hay
Year-End Treasury Update
FMPA’s Treasury Department continues working with JP Morgan Bank this week to establish a line of credit for the All-Requirements Project. As the new year approaches, the Treasury Department will continue monitoring the financial markets for auction swap status and interest rates. Contact: Mark Larson
FMPA’s fiscal 2010 Annual Report is nearing completion. FMPA’s senior management team will begin reviewing the report in January, and the project is on schedule to be distributed in early-February. Contact: Mark McCain
Happy New Year
FMPA’s offices will be closed this Friday in observance of New Year’s Day. Best wishes to all for a safe and happy holiday weekend.
All-Requirements Project Load
The weekly update of the All-Requirements Project historical load graph has been posted on the Member Portal. The graph is updated through Dec. 26. Contact: Jim Atz
Professional Development Hours for Engineers
FMPA has partnered with SunCam Continuing Education to offer a training program on rules and laws for Florida engineers. The online course provides professional development hours for professional engineers. For information about this cost-effective and convenient way to ea professional development credits, contact Mike Siefert.
Nuclear Nonoperating Owners Group Conference
FMPA and Orlando Utilities Commission will host the 2011 Nuclear Nonoperating Owners Group conference April 12-15 in Orlando. Attendees will tour the Orlando Mitsubishi generation repair facility and get a behind the scenes peek at Universal Studios’ operations. This year’s conference features first-class presentations by industry leaders, regulators and peers. Additional conference details are being arranged, but it’s never too soon to start planning. Registration fees are $350 for the conference and $50 for the pre-conference tours. A block of rooms at the Embassy Suites Jamaican Court has also been reserved at a rate of $129 per night for single or double occupancy. For more information, contact Steve Ruppel.
City Commission Cuts Lakeland Electric Fuel Rate
The Lakeland City Commission voted 4-3 last Monday to approve a 1% cut in fuel rates, rejecting the utility’s recommendation to keep rates steady. Fuel rates will change from $53.15 per 1,000 kilowatt hours to $52.50. Commissioner Justin Troller proposed the reduction saying, “It’s a good time to give back as much as we can. Assistant Finance Director Don Eckert recommended commissioners maintain the current rate after the utility experienced unexpected problems with Unit 5 earlier this year. The Commission previously voted in September to increase the fuel rate by 4%.
Pre-Legislative Rally Seminar Covers Commodity Futures Trading Act
American Public Power Association (APPA) announced last week that Paul Architzel, former chief counsel of the Division of Economic Analysis at the Commodity Futures Trading Commission (CFTC), will be the speaker at a pre-Legislative Rally seminar on financial regulatory reform. Architzel will describe decisions the Commission has made to date and how the outcome of the rules still under CFTC consideration could affect public power. APPA will also offer two other pre-rally seminars on grassroots advocacy and new environmental regulations. For more information about the pre-rally seminars, visit http://www.appalegislativerally.org/>www.appalegislativerally.org;.