FMPA Weekly
A weekly e-newsletter for FMPA members
March 21, 2011
LAST WEEK
Finance Meetings
Members of FMPA’s Treasury Department met with representatives from JP Morgan last Tuesday to discuss a line of credit for the All-Requirements Project. Treasury also met with PNC Bank last Wednesday to discuss a current credit facility offer and Wachovia-Wells Fargo last Thursday to review 2008 variable-rate demand obligations currently supported by SunTrust. Contact: Mark Larson
Legislative Rally Debriefing
A conference call was held last Thursday to debrief on the 2011 APPA Legislative Rally. Participants discussed highlights of the 2011 Rally and ideas for the 2012 Rally. Next year’s Rally will be held later than usual and at a new hotel. APPA’s 2012 Legislative Rally is scheduled for March 12 to March 15 at the Grand Hyatt Washington. Contact: Mark McCain
FGT Rate Case
Florida Gas Transmission (FGT) will refund to FMPA approximately $1.3 million under the terms of a recently settled rate case. The refund will be issued within 60 days of April 1, when the settlement becomes effective. Contact: Richard Montgomery
Power Supply RFP
FMPA responded last Friday to the city of Wauchula’s request for proposals for wholesale power supply. Contact: Richard Montgomery
Greener Communities, Greener World
Last Thursday marked the third anniversary of FMPA’s green initiative launched on St. Patrick’s Day in 2008. The initiative, known as “Greener Communities, Greener World, is intended to highlight the Agency’s commitment to environmentally responsible practices. The initiative includes focused efforts in three areas: supporting greener power, promoting energy conservation and creating a greener workplace. FMPA has taken significant steps during the past three years to modeize its generation fleet and install its first solar photovoltaic project. All-Requirements Project members also partnered to save nearly four million kilowatt-hours in the past year as a result of rebates, give-aways and education programs. Visit FMEA’s” rel=”nofollow”>http://www.publicpower.com/lr.shtml>FMEA’s website.
Nuclear Nonoperating Owners Group Conference
FMPA and Orlando Utilities Commission will host the 2011 Nuclear Nonoperating Owners Group conference April 12 to April 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. Registration is $350 for the conference and $50 for the pre-conference tours. A block of rooms at the Embassy Suites Jamaican Court has been reserved at a rate of $129 per night for single or double occupancy. For more information, contact Steve Ruppel.
Policy Makers Liaisons Committee
FMPA’s Policy Makers Liaisons Committee will meet April 27 at 2 p.m. at Cane Island Power Park. Committee members will hold a business meeting and tour Cane Island, including Unit 4, which is nearing the end of construction and preparing for commercial operation. An agenda package will be emailed to members one week before the meeting. Contact: Mark McCain
INDUSTRY NEWS
Repair Work at Crystal River Nuclear Plant Temporarily Suspended
Progress Energy Florida http://progress-energy.com/aboutus/news/article.asp?id=25742>announced; last Tuesday that re-tensioning of tendons at the Crystal River Nuclear Plant reactor building has been suspended while engineers investigate information at the repair site. The suspension will delay the planned April restart of the plant. Monitoring equipment at the site shows indications of additional delamination resulting from the repair work. Engineers are evaluating the situation and will conduct a thorough assessment of repair options and the impact to the plant’s restart plans. The plant has been shut down since September 2009.
http://tracking.naylorcampaigns.com/track?type=click&mailingid=516729&messageid=516729&databaseid=516729&serial=1202904086&[email protected]&userid=7660022&extra=&&&2050&&&http//www.nayloetwork.com/app-ppd/articles/index-v2.asp?aid=139327&issueID=22796>St.; Lucie Nuclear Plant Not in Danger of Meltdown, Experts Say
The Nuclear Regulatory Commission (NRC) and Florida Power & Light (FPL) Check” rel=”nofollow”>http://insite.fmpa.local/index.php?option=com_docman&task=doc_download&gid=639&Itemid=75>Check out FMPA’s Glossary, which features some of the most frequently mentioned committees, companies, places and terms, or contact the person named in each FMPA story to lea more.
Have a story idea for the newsletter? FMPA welcomes all employees’ story suggestions including updates on FMPA business, employees’ personal or family accomplishments, as well as industry news suggestions. Contact: Lance Larsson or Ryan Dumas.