FMPA Weekly
A weekly e-newsletter for FMPA members
March 10, 2014
LAST WEEK
Stanton and Tri-City Projects
Moody’s Investors Service affirmed last Wednesday the credit ratings for FMPA’s Stanton and Tri-City projects. Moody’s issued an A1 rating for the Stanton Project and an A2 rating for the Tri-City Project. The rating agency indicated the rating outlook is stable. According to Moody’s analysis, these ratings reflect the credit quality of the project participants, as well as the sound legal security and the underlying economics and performance records of the projects. Contact: Mark Larson
Treasure Coast Energy Center
Treasure Coast Energy Center Unit 1 came back online last Friday after undergoing a scheduled spring maintenance outage. Contact: David Schumann
THIS WEEK
APPA Legislative Rally
Nick Guarriello, Fred Bryant, Mark McCain and representatives from 16 Florida municipal electric utilities are in Washington, D.C., Monday through Wednesday to attend the American Public Power Association’s (APPA) Legislative Rally. While in the nation’s capital, they will meet with 17 Senate and House members and staff to discuss federal legislative issues related to electric utilities, including tax-exempt financing, EPA regulations and grid security. A copy of the Federal Legislative Issues Book is available on the Member Portal. APPA also will post Public” rel=”nofollow”>http://videos.publicpower.org/home>Public Power TV for people who are unable to attend.
Joint Purchase Project
FMPA’s Joint Purchase Project meets Wednesday at 10 a.m. in the first-floor conference room. Contact: Sharon Samuels
Board of Directors Member Relations Survey
Thank you to members who participated in the 2014 Board of Directors’ Member Relations Survey, which closed to responses last Friday. The survey received 22 responses for a 71% response rate. The survey is a strategic action item to support the goal of fostering a positive communication culture. Results of the survey will be shared with members and staff in April. Contact: Mark McCain
All-Requirements Project Weekly Load Statistics
The weekly update of the All-Requirements Project historical load graph has been posted on the Member Portal. The graph is updated through March 9. Contact: Jim Atz
Special Dates
Congratulations to Larry Landry, who celebrates 20 years with FMPA on Friday, March 14.
COMING UP
ARP Executive Committee
The All-Requirements Project Executive Committee meeting scheduled for March 20 has been cancelled. The next meeting is scheduled for April 17. Contact: Nick Guarriello
Florida Legislative Rally
The Florida Municipal Electric Association’s (FMEA) Legislative Rally, scheduled for March 31 and April 1 in Tallahassee, is a great way for members to meet with state representatives to discuss electric industry issues and the impact of pending legislation. Visit Registerhttp://www.fmpa.com/index.php/component/registrationpro/?view=event&did=53>Register; by April 4. Contact: Sharon Smeenk
INDUSTRY NEWS
House Bill Would Limit EPA Authority to Regulate CO2 Emissions
The U.S. House of Representatives last Thursday passed the Electricity Security and Affordability Act, which would provide direction to the Environmental Protection Agency (EPA) regarding the establishment of standards for greenhouse gas emissions from fossil fuel-fired electric generating units. The bill would apply to any rules EPA issues creating New Source Performance Standards for greenhouse gas emissions from new and existing fossil fuel-fired power plants under the Clean Air Act. The Senate is not expected to take up the bill.
CO2 Emissions from Power Plants Decrease in Florida
Carbon-dioxide emissions in Florida decreased 5% in 2011, according to http://www.eia.gov/environment/emissions/state/state_emissions.cfm>estimates; released by the U.S. Energy Information Administration (EIA). Two key reasons for the decrease include a shift from oil to natural gas at some http://articles.sun-sentinel.com/2014-03-02/business/fl-carbon-emissions-florida-20140228_1_carbon-emissions-electric-power-sector-natural-gas>power; plants and a transition to more fuel-efficient cars that produce less air pollutants. EIA collected from each state carbon-dioxide emissions data related to energy and analyzed the data based on type of fossil fuel used and the sector that produced the emissions. In 2011, Florida reported 227.1 million metric tons of emissions with nearly half from petroleum products. The electric power sector produced the most with 110 million metric tons, down from a peak of 127.4 million in 2005. Transportation was the second largest source at 101 million metric tons, down from a peak of 114.5 million in 2006.
FMPA Weekly is published by FMPA for employees and goveing boards of FMPA member utilities. Questions or comments about this newsletter may be directed to Ryan Dumas or Ashley Pawlik in FMPA’s Public Relations Department.
Want more background on the names and terms used in this newsletter? 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. (Click here for the Staff Directory.)
Have a question, comment or story idea for the newsletter? FMPA welcomes your feedback at any time. Contact: Ryan Dumas or Ashley Pawlik
Florida Municipal Power Agency
8553 Commodity Circle
Orlando, FL 32819-9002
Tel 407 355-7767
Fax 407 355-5794
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