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FERC and NERC Issue Joint Report on System Performance During the January 2025 Arctic Weather

LCG, April 17, 2025--The Federal Energy Regulatory Commission (FERC), the North American Electric Reliability Corporation (NERC), and its Regional Entities today issued a joint staff report concluding that the nation’s Bulk-Power System (BPS) "performed well during successive cold weather events in January 2025, without major issues in either the natural gas or electric systems."

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Matrix Renewables Announces the Commissioning of Pleasant Valley Solar 1

LCG, April 15, 2025--Matrix Renewables announced today the successful commissioning of the Pleasant Valley Solar 1 power generation facility in Ada County, Idaho. The 200-MWac solar facility includes a Power Purchase Agreement (PPA) that was secured through negotiation with Meta and Idaho Power. Matrix Renewables states the facility is the largest operational solar facility in Idaho Power's system. Sundt Renewables, the Engineering, Procurement, and Construction (EPC) services provider, completed construction of the project on March 2nd.

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Industry News

Allegheny Energy Reduces Outlays

LCG, July 8, 2002--Allegheny Energy is scaling back its power generation development activity, and will reduce its payroll by 10 percent, with most reductions to take place by the end of the year.

The company, which has customers in Maryland, Ohio, Pennsylvania, Virginia and West Virginia, will not construct a new plant in La Paz, Ariz., as was planned. Additionally, an 88-megawatt plant that was to be built in St. Joseph, Ind. will not proceed. Job reductions will number about 600 including early retirements.

The company's chairman, Allen J. Noia, commented on the need to respond with "prudent and decisive actions" in the face of lower-than-expected wholesale energy prices, low weather-related demand, and the substantial decrease in energy trading, to which the company made substantial commitments in 2001.
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