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December 16, 2024 |
November All-Requirements Project Rates
The average billed demand and energy cost for FMPA’s All-Requirements Project in November was $60.53/MWh, which was 17% below the budgeted cost. This was the fourth lowest November D&E rate since tracking started. Participant energy sales were 7.7% above budget. The FY25 forward curve was up 12% from the prior month, resulting in $4.4M margin returned in November. The agenda package from the ARP Rate Workshop is available on the Portal. Contact: Denise Fuentes
Finance Committee Meeting
The Finance Committee met last Wednesday. It approved the CY2025 meeting dates and heard information items about the unaudited annual debt report, the preliminary FY2024 budget status and results, the ARP price mitigation strategy, and management of margin calls for ARP rate setting. Access the agenda package on the Portal. Contact: Rich Popp
Board of Directors Meeting
The Board of Directors met last Thursday. It heard information items with updates about the Stanton discussions and regulatory compliance. View the agenda package on the Portal. Contact: Jacob Williams
Executive Committee Meeting
The Executive Committee met last Thursday and approved the natural gas price stability program update. The agenda package is available via the Portal. Contact: Jacob Williams
ARP Rate Workshop
Jan. 14 | FMPA | 2 p.m.
Policy Makers Liaisons Committee Meeting
Jan. 15 | FMPA | 12:30 p.m.
Member Services Advisory Committee Meeting
Jan. 15 | FMPA | 2 p.m.
Board of Directors Meeting
Jan. 16 | FMPA | 9 a.m.
Executive Committee Meeting
Jan. 16 | FMPA | 9:15 a.m.
U.S. natural gas consumption reaches new highs driven by the electric power sector
Five states drove record U.S. natural gas production in 2023
Report: More records for U.S. energy storage deployment
U.S. offers six companies contracts to make uranium fuel for nuclear plants
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FMPA Weekly is published by FMPA’s Public Relations Department for staff and members. Questions about this newsletter may be directed to Emily Maag. Check out FMPA’s Glossary, for frequently mentioned terms.