FMPA Weekly
A weekly e-newsletter for FMPA members
June 20, 2016
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LAST WEEK
APPA Awards
Nick Guarriello was honored last week by the American Public Power Association (APPA) with the James D. Donovan Individual Achievement award for his significant contributions to the electric utility industry and to public power utilities. The award was presented at APPA’s National Conference in Phoenix, Ariz. APPA also honored two Florida utilities, JEA and Kissimmee Utility Authority, with the E.F. Scattergood System Achievement Award. The award recognizes utilities that enhance public power’s national prestige and improved service for customers. APPA’s awards video honoring the recipients is available online.
ARP Summer Peak
FMPA’s All-Requirements Project (ARP) came close to a record peak last Tuesday when demand hit 1,207 MW. The all-time summer peak is 1,220 MW recorded in June 2005 when more members were being served by ARP. Contact: Joe McKinney
Stanton Outage
The planned outage at Stanton Unit 1 has been extended for the second time after a problem with a retaining ring was detected. The unit was originally scheduled to come back online at the end of May, but now it is anticipated to be back online in mid-July. Contact: David Schumann
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THIS WEEK
Hurricane and Emergency Preparedness Roundtable
FMPA and the Florida Municipal Electric Association will hold a Hurricane and Emergency Preparedness Roundtable on Tuesday at 10 a.m. in the Board room at FMPA’s Orlando office. This roundtable will provide an opportunity to review procedures and network with utility peers. The focus will be on mutual aid programs. Contact: Sharon Smeenk
Audit and Risk Oversight Committee
The Audit and Risk Oversight Committee will meet Thursday at 8:30 a.m. in the Board room of FMPA’s Orlando office. The committee has no action items but will hear information items, including: 1) projects interim financial update, 2) annual environment report, 3) fuel market update, and 4) risk management policy reviews. The full agenda package is available on the Portal. Contact: Rich Popp
Board of Directors
The Board of Directors meets Thursday in the Board room of FMPA’s Orlando office at 9:30 a.m. or immediately following the Audit and Risk Oversight Committee. The Board will consider six action items: 1) conducting the member services satisfaction survey every other year, 2) approval of FMPA-ECG annual service confirmation, 3) debt risk management policy revision, 4) reimbursing Executive Search Committee travel expenses, 5) direction to the Executive Search Committee on next steps, and 6) a Resolution of Appreciation for Nick Guarriello. The full agenda package is available on the Portal. Contact: Nick Guarriello
ARP Executive Committee
The ARP Executive Committee will meet Thursday in the Board room of FMPA’s Orlando office at 10 a.m. or immediately following the Board of Directors meeting. The committee will consider three action items: 1) fiscal 2017 budgets for the Agency and All-Requirements Project, 2) Debt Risk Management Policy revisions to include debt by project by participant, and 3) an amendment to the Florida Gas Utility Gas Service Agreement. The full agenda package is available on the Portal. Contact: Nick Guarriello
Welcome Back, Paige Arnett
Please welcome Paige Arnett back to FMPA on Monday as the Travel and Catering Coordinator/Administrative Assistant. Paige worked at FMPA for a year and a half before leaving in January 2014 to attend Florida State University. We’re happy to have Paige back as a member of the FMPA team.
All-Requirements Project Weekly Load Statistics
The weekly update of the All-Requirements Project historical load graph has been posted on the Portal. The graph is updated through June 19. Contact: Jim Arntz
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COMING UP
FMEA Annual Conference
The Florida Municipal Electric Association (FMEA) Annual Conference will be held July 19-22 at the Omni Orlando Resort at ChampionsGate. The conference begins July 19 with preconference seminars and a welcome reception. The following days include general sessions and breakout sessions on a variety of industry topics, including: 1) Florida politics and the media, 2) the 7 drivers of change for the future of electric utilities, 3) the upcoming election, and more. Registration is available on FMEA’s website.
Policy Makers Liaisons Committee
The Policy Makers Liaisons Committee will meet July 21 at 3:15 p.m. during the FMEA Annual Conference at the Omni Orlando Resort at Champions Gate. Contact: Mark McCain
Board of Directors and Executive Committee
The July meetings for FMPA’s Board of Directors and the ARP Executive Committee will be held July 22 following the FMEA Annual Conference. The Board of Director’s meeting is scheduled for 9 a.m. and the Executive Committee meeting is scheduled for 9:30 a.m., or immediately following the Board of Directors meeting. Both meetings will be held in the Board room at FMPA’s Orlando office to save money. Contact: Nick Guarriello
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INDUSTRY NEWS
PSC Approves Asset-Recovery Bonds for Retiring Crystal River Unit 3
Duke Energy Florida received authorization last Thursday from the Florida Public Service Commission (PSC) to issue nearly $1.3 billion in bonds for retirement costs of the Crystal River Unit 3 nuclear power plant. Lawmakers and Gov. Rick Scott last year signed off on authorizing the issuance of nuclear-asset recovery bonds to spread out the costs for consumers over a 20-year period. The process is expected to save $684 million for consumers compared to the more typical process of utilities recovering costs through electric rates, according to the PSC. Duke residential customers who use 1,000 kilowatt hours of electricity a month will initially see charges of $2.87 on their bills. In a news release last week, the PSC said the more traditional method of cost recovery would have cost about $5 a month. The money will cover a variety of expenses related to the Crystal River plant, which Duke decided in 2013 to permanently shut down. The plant has not generated electricity since 2009 when a containment building was damaged during a project to replace a steam generator.
FPL to Test Batteries in South Florida
Florida Power & Light (FPL) is planning to install different types of battery systems in Miami-Dade and Monroe counties as part of a pilot program to test energy storage technology under real-life conditions. Among the technologies to be tested is the use of used batteries from electric vehicles for peak shaving. They also plan to test a mobile battery backup system that could be used in case of an outage at a major event as well as a battery-backup system for a remote community near the southe tip of Everglades National Park. The program was announced as part of the White House’s Summit on Scaling Renewable Energy and Storage with Smart Markets held last week.
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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 Jeff Grainger or Holly Fuller 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: Jeff Grainger or Holly Fuller.
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Florida Municipal Power Agency
8553 Commodity Circle
Orlando, FL 32819-9002
Tel 407 355-7767
Fax 407 355-5794
http://www.fmpa.com/
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