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January 21, 2025 |
December All-Requirements Project Rates
The average billed demand and energy cost for FMPA’s All-Requirements Project in December was $82.05/MWh, which was 1 percent above the budgeted cost. Participant energy sales were 3.2 percent below budget. The FY25 forward curve was up 6 percent from the prior month, resulting in $6.2M margin returned in December. The agenda package from the ARP Rate Workshop is available on the Portal. Contact: Denise Fuentes
PMLC Meeting
The Policy Makers Liaisons Committee met last Wednesday. It heard three information items, including an overview of the ARP natural gas price stability program, a federal legislative update from Michael Nolan, and a guest presentation about the energy and environment expectations with the new administration from guest presenter Travis Fisher, director of energy and environmental policy studies at the Cato Institute. View the agenda package on the Portal. Contact: Susan Schumann
MSAC Meeting
The Member Services Advisory Committee met last Wednesday and approved the reliability awards program. It also heard information items, including updates about Member Services goals, the engineering services RFQ, the leased employee program, and training and roundtable opportunities. Other information items included a project profile about the Beaches Energy COM plan and a discussion of PCA support services. Access the agenda package on the Portal. Contact: Sharon Adams
Finance Committee Meeting
The Finance Committee met last Wednesday and approved the new rate protection account and the audition financial statements. It also heard information items like a discussion of FY 2026b budget concepts, the annual IT update, and a review of the annual insurance report. The agenda package is accessible on the Portal. Contact: Rich Popp
Board of Directors Meeting
The Board of Directors met last Thursday and approved the audited financial statements. It heard two information items, which were an update about the Florida Municipal Solar Project (FMSP) and a review of OUC’s project billings for A&G allocation. View the agenda package via the Portal. Contact: Jacob Williams
Executive Committee Meeting
The Executive Committee met last Thursday and approved three action items, which were the new rate protection account, Resolution 2025-EC1 Energy Southeast Prepay 2025 Series, and the audited financial statements. It also heard information items, such as an update on balancing authority analysis, a discussion of the Bartow Energy Center Spare Turbines, a review of OUC’s project billings for A&G allocation, and an update about the FMSP. Access the agenda package via the Portal. Contact: Jacob Williams
Interpersonal Supervisory Skills I Training
FMPA will host an Interpersonal Supervisory Skills I training Wednesday. The TVPPA course is part of the curriculum for the Certified Power Supervisor designation but may also be taken as a standalone course. Contact: Lindsay Jack
Work Order, Inventory and Plant Training Rescheduled
The Work Order, Inventory, and Plant Training scheduled for February 4 has been rescheduled for June 5. Contact: Lindsay Jack
Anniversaries
Hector Mesa | Jan. 21 | 17 years
John Bradley | Jan. 25 | 3 years
Susan Schumann | Jan. 26 | 27 years
Lineman Apprenticeship Lab 4: Underground
Jan. 27-31 | KUA Training Facility
FMEA Vegetation Roundtable
Feb. 6 | GRU Operations Training Room | 10 a.m. – 2:30 p.m.
ARP Rate Workshop
Feb. 11 | FMPA | 2 p.m.
Strategic Planning Session
Feb. 12 | FMPA | 9 a.m.
Board of Directors Meeting
Feb. 13 | FMPA | 9 a.m.
Executive Committee Meeting
Feb. 13 | FMPA | 9:15 a.m.
U.S. wholesale electricity prices were lower and less volatile in 2024
Trump’s Interior Department nominee says boosting energy key to U.S. security
City of Lake Worth Beach ditching coal power for solar energy
EIA forecasts lower oil price in 2025 amid significant market uncertainties
Trump to declare national energy emergency, reverse Biden rules
Duke Energy part of team seeking $800 million grant for small modular reactor
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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.