Video & Transcript Research : 'electric power'

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KY
Transcript Highlights:
  • <00:04:40.480> American Associated Electric Power. American Associated Electric Power.
  • American Electric<00:04:41.080> Power,<00:04:41.280> sorry. Electric Power, sorry.
  • Electric Power, sorry.
  • Wheeling Power is also a wholly-owned subsidiary of American Electric Power, is it not?
  • Electric Power, is it not? Correct. Electric Power, is it not? Correct.
Summary: The committee met for an initial natural resources hearing with a quorum present and introductory housekeeping, including prayer, roll call, and recognition of guests. Chair Smith outlined ground rules for questions and then invited Kentucky Power and American Electric Power representatives to the table to discuss a proposed plan involving the Mitchell Power Plant and future generation needs in Eastern Kentucky. Witnesses Cindy Wiseman, Alex Vaughn, and AEP CEO Bill Fehrman said the company’s goals are to stabilize and lower rates, reduce rate volatility, and expand generation in the Commonwealth. They explained that Kentucky Power seeks legislative authority to securitize its 50% interest in the Mitchell coal plant, describing securitization as a refinancing mechanism that would lower annual plant costs by about $34 million and help offset roughly one-third of the expected cost of adding new generation in Kentucky. They emphasized that the proposal is not intended to close Mitchell, and said Kentucky Power currently has no plan to divest its interest; the company still needs the plant to serve customers while it pursues additional dispatchable generation in Kentucky. Members pressed the witnesses on the plant’s book value versus fair market value, whether the Mitchell interest had ever been assigned a nominal value, how any divestiture proceeds would be handled, whether Kentucky Power owns Wheeling Power, and how long Mitchell can continue operating. The company said it values Mitchell at net book value for accounting purposes, not fair market value, and explained that Wheeling Power is a separate AEP affiliate and that West Virginia affiliates have already proposed securitization of their share. Witnesses said Kentucky Power’s interest cannot technically operate past 2028 without additional environmental control investment, while the West Virginia side is depreciating through 2040. They also described the financing timeline, saying securitization would require enactment of legislation, a PSC financing order, bond issuance, and then parallel work to acquire or build new generation, with any reinvestment terms to be addressed through the regulatory process.
MN

Minnesota 2025-2026 Regular Session

House Energy Finance and Policy Committee 3/5/26

Energy Finance and Policy

Transcript Highlights:
  • Power does.
  • of electricity. of electricity.
  • And when I refer to the bulk power system or the bulk electric system, that is everything that is over
  • system or the bulk to the bulk power system or the bulk electric<00:35:14.320> system<00:35:15.040
  • Back in 2021, Winter Storm Uri caused 4.8 million electric customers in the state of Texas to lose power
Bills: HF3296, HF3802
ND

North Dakota 2025-2026 Regular Session

Senate Energy and Natural Resources Apr 3rd, 2025 at 02:30 pm

Energy and Natural Resources

Transcript Highlights:
  • That is our legal right to develop those coal seams, those for the power plants.
  • We firmly believe this bill is constitutional, and the state can exercise its police powers.
  • The state of North Dakota has exercised its police powers before.
  • The state of North Dakota has exercised its police powers before.
  • I mean, that's, if there's not a bigger police power, The supply of electricity in the United States,
Bills: SB2339
Summary: The Energy and Natural Resources Committee continued work on House Bill 1459, which concerns rare earth and critical mineral recovery from North Dakota lignite coal. Testimony from UND researcher Dan Ludo and industry representative David Straely focused on the urgency of developing the process quickly, the technical differences between extracting minerals from coal versus ash, and the potential value of elements such as terbium, dysprosium, gallium, germanium, and synthetic graphite. Straely argued the bill is constitutional, limited to minerals within the coal seam, and needed to avoid years of quiet title litigation and provide certainty for development and compensation to royalty owners. Committee members raised questions about landowner rights, compensation levels, possible amendments from the Department of Trust Lands, and whether the bill should be modified to address constitutional concerns or sunset provisions. No final action was taken on HB 1459; the chair said parties could work on language until Monday before the committee revisits it. The committee then returned to House Bill 1579, a high-load study bill with a possible energy infrastructure investment amendment. Jody Smith of the Retirement and Investment Office presented updated language adding guardrails for in-state infrastructure investing, including requiring approved projects to be underwritten and managed by a qualified investment manager or financial institution and to follow the Legacy Fund investment policy. Members discussed whether the amendment had been shared with the House sponsor and noted that the related bill 1330 was still pending, so HB 1579 was being held for the time being. Finally, the committee took up House Bill 1566, which had an amendment from the Agriculture Commissioner’s office. The committee adopted the amendment 7-0, then passed a due-pass motion on the amended bill and referred it to Appropriations, also by a 7-0 vote. Members discussed the bill’s fiscal impact, including an estimated $580,000 for two FTEs over two years, and clarified that the study component remains in the bill. Senator Gerhardt was assigned to carry the measure.
AZ

Arizona 2026 Regular Session

02/03/2026 - House Natural Resources, Energy & Water

Natural Resources, Energy & Water

Transcript Highlights:
  • February 2, 2026 at 11:31 a.m. replaces the term electric distribution utility with electric public service
  • I've lived in places without electricity. I lived in places without electricity.
  • currently use in the electric world.
  • Madam Chairman and members, Russell Smoldon on behalf of the Arizona Electric Power Cooperative and the
  • electric.
Summary: The committee heard several energy and transportation bills, with testimony largely split between sponsors, industry groups, local governments, and environmental advocates. HB 2428, dealing with county and ADEQ authority to issue voluntary permits certifying emission reduction credits for mobile and non-road sources, drew neutral support from ADEQ and support from Maricopa County; it was amended and passed 10-0 with a due pass recommendation. HB 2145, which expands who may petition on gasoline supplier alternative standards, also passed, 5-4, with no amendment. A lengthy debate followed on HB 2331, as amended, which would require electric utilities to ensure 85% of generating capacity serving retail load comes from “reliable resources” by 2030. The sponsor and supporters argued the bill was needed to preserve affordable, dependable power and prevent overreliance on intermittent renewables, while opponents from the Sierra Club and Rural Arizona Action said it would effectively favor fossil fuels, raise costs, and limit cleaner energy options. The committee adopted the strike-everything amendment and the sponsor’s amendment, then passed the bill 6-4. HB 2795, which limits county zoning authority over small modular reactors once federal permitting and certification steps are met, drew strong support from nuclear and business advocates and opposition from county, city, and environmental representatives concerned about local control, safety, waste, and preemption; it passed 6-4 after amendment-related discussion. The committee also passed HB 2340, which allows the power plant and transmission line siting committee to evaluate the plant itself when reviewing transmission line applications, by a 5-4 vote. Finally, HB 2400, an emergency measure to suspend the motor vehicle fuel tax in Areas A and C during summer months and replace the lost revenue with state highway funds, prompted testimony about gas prices, boutique fuel requirements, and transportation funding needs; cities and counties opposed the diversion of highway funds, while the sponsor argued it would help consumers facing higher fuel costs. The Griffin amendment was adopted, and the bill passed with a due pass recommendation after debate on affordability versus road funding.
KY
Transcript Highlights:
  • sources to power creating some power sources to power these<00:17:57.360> data<00:17:57.679><
  • manufacture more power. manufacture more power.
  • You can see here, East Kentucky Power represented by the light blue, Big Rivers Electric Corporation
  • :57.520> move<01:34:57.679> power East Kentucky Power would move power East Kentucky Power
  • <01:35:10.719> could power that East Kentucky Power could power that East Kentucky Power could
Summary: The committee met with a quorum, approved the minutes from the previous meeting, and then heard a presentation from LG&E and KU representatives Caroline Clark and John Bevington on economic development, energy demand, and the utility’s role in supporting Kentucky’s growth. Bevington described the company’s service territory, generation fleet, and recent economic development activity, including 76 projects supported in 2024, more than $2.8 billion in private investment, and over 3,000 new jobs. He emphasized that data centers are now the dominant driver in the pipeline, with 22 data center projects representing about 8.7 of the 9.7 gigawatts of potential demand, alongside other manufacturing and commercial projects. A major focus was how data centers choose sites and how utilities respond. Bevington explained that hyperscale data centers typically approach utilities first because they need transmission-level access, and that utilities then conduct internal analyses, estimate infrastructure needs, and require financial security before proceeding. He said the company is working through formal transmission studies and long-lead infrastructure planning, and noted that Kentucky’s sales tax exemption for data centers helped attract interest. He also outlined the economic benefits of data centers, citing an announced Louisville project of 525 megawatts and about $11 billion in investment, with an estimated $500 million in new tax revenue over 10 years, plus broader job and GDP impacts. Members asked about whether data centers could generate their own power, the reliability of the pipeline numbers given confidentiality and nondisclosure agreements, and cybersecurity concerns. Bevington said the company does not assume all pipeline projects will materialize in Kentucky and instead assigns probabilities to avoid overbuilding. He also said he was not the right person to address cybersecurity in detail but offered to return to a committee focused on IT or security. In response to questions about future supply, he said LG&E and KU are adding generation through a 120-megawatt solar facility in Mercer County, a 120-megawatt solar purchase in Marion County, and a 645-megawatt natural gas combined-cycle plant in Louisville, with PSC approval recently granted for additional generation and related system upgrades.
MN

Minnesota 2025-2026 Regular Session

House Taxes Committee 2/24/26

Taxes

Transcript Highlights:
  • by electric utility cooperatives.
  • systems, both electric distribution systems, both systems<00:08:44.560> used<00:08:44.880>
  • used to supply electricity to systems used to supply electricity to farmers<00:08:46.959> and<
  • owned by electric utility cooperatives. owned by electric utility cooperatives.
  • first on the spreadsheet is the electric first on the spreadsheet is the electric cooperative<00
Bills: HF9
OK
Transcript Highlights:
  • continuation of the negotiations that occurred four years ago between the oil and gas industry, electric
  • These facilities must fund all of their electric infrastructure upgrade costs.
  • Of the nation's total electricity usage. In 2023, that forecast was at 4%.
  • One normal AI data center consumes as much electricity as the city of Edmond, which has almost 100,000
  • House Bill 2989 allows electric utilities to prepare a wildfire mitigation plan.
OK
Transcript Highlights:
  • Members 2989 allows electric utilities to prepare a wildfire mitigation plan.
  • These lines, the electric companies are, they're clear cutting everything underneath them.
  • And what we're looking at doing is we're seeing historic growth in Oklahoma with our power generation
  • and they ran their electric bill up to $1.2 million.
  • If they lose, this company, they've already used a million dollars worth of electricity.
TX

Texas 89th 2nd C.S.

State Affairs Apr 2nd, 2025

State Affairs

Transcript Highlights:
  • Members, this is, uh, Chairman Wally's bill that creates the Electric truck advisory, uh.
  • Members, this is, uh, Representative Lambert's bill regarding recycling wind and solar power facilities
  • In all the 7 terms I've been here I've never done an electricity bill.
  • We also. are not, uh, El Paso Electric is not a municipally owned utility.
  • You're representing El Paso Electric, and you're against the bill. Is that correct? Yes, sir.
TX

Texas 89th Regular

State Affairs Apr 2nd, 2025

State Affairs

Transcript Highlights:
  • House Bill 1606 would require electric utilities, retail electric providers, cooperatives, and municipally
  • Those powers remain firmly within the jurisdiction.
  • Reliable backup power is more important to homeowners, especially during extreme weather and power outages
  • affordable backup power to keep their lights on during power outages.
  • Electric Code, which sets fire, life safety, and electrical standards across the country.
OK

Oklahoma 2026 Regular Session

Energy REVISED Apr 16th, 2026 at 10:00 am

Energy

Transcript Highlights:
  • deleting after the word 'the' and before the word 'for.' the word 'utility' and inserting the words 'electric
  • and crypto mining facilities pay their portion of infrastructure costs associated with significant electric
  • But how would this impact the municipal power companies or the co-ops that are in Oklahoma?
OK

Oklahoma 2026 Regular Session

Utilities Feb 10th, 2026 at 03:00 pm

Utilities

Transcript Highlights:
  • 3392 directs the Oklahoma Corporation Commission to conduct a comprehensive study about large load electric
  • customers, primarily defining what is a large load electric user, their impact on our grid, and how
  • plug-in solar devices that don't generate more than 1.2 kilowatts connect to a standard 120-volt electric
  • they don't have to comply with certain complex Meeting statutes, tariffs, and requirements from electric
  • A lot of these are treated essentially as appliances, not so much as a large-scale power generator that
TX

Texas 89th Regular

State Affairs Apr 23rd, 2025

State Affairs

Transcript Highlights:
  • So, I'm ruling that these powers previously were unconstitutional.
  • of Texans without power for weeks due to high wind damages to power lines.
  • This bill. allows non-profit water supply corporations to sell excess power generation back to the power
  • wholesale must register as a power generation company as well.
  • This one bill talked about using power for our own use, but also selling that excess power to, among
TX

Texas 89th Regular

State Affairs Apr 23rd, 2025

State Affairs

Transcript Highlights:
  • This is the second piece of the reforms to the Emergency Powers Act.
  • Cities support reliable electric service and affordable electric rates.
  • Are available to electric utilities more than once a year.
  • The bill doesn't expand investigative powers under Article 18B.
  • I mean, they have a lot of power in this regard.