Latest news with #CETA
Yahoo
3 days ago
- Business
- Yahoo
Avista issues all-source request for proposals for new energy and capacity resources along with Demand Response
Energy solutions sought to add capacity to Avista's portfolio SPOKANE, Wash., May 30, 2025 (GLOBE NEWSWIRE) -- Avista, through a request for proposal (RFP), is seeking proposals from bidders to add energy and capacity including distributed energy resources, to meet projected resource needs. In addition, Avista is seeking to add a Demand Response program to its portfolio to assist in addressing peak demand. The all-source RFP seeks resources to meet capacity needs for both Washington and Idaho up to 415 MW for winter and 425 MW for summer. As part of this RFP, Avista may bid repowering and/or self-build resources into the RFP. Avista is utilizing an Independent Evaluator for this RFP. Avista's 2025 Electric Integrated Resource Plan filed on December 31, 2024, reflects a need for new electric resources to meet growing customer demand for energy and clean energy requirements of the Clean Energy Transformation Act (CETA) to deliver carbon-neutral electric supply for Washington customers by 2030. 'This RFP represents Avista's efforts to meet its growing customer demand for energy in its service territory while also seeking resources that are clean, affordable and reliable. Avista is dedicated to partnering with innovative providers to deliver resilient energy solutions that support our customers and their evolving energy use.' said Scott Kinney, Avista's Vice President of Energy Resources & Integrated Planning. 'We're proud of our long-standing history of providing reliable power, and these additional resources will help ensure we continue to do so for years to come.' The RFP is open to parties who currently own, propose to develop, or hold rights to resources meeting Avista's requirements for energy and capacity. Bidders must also demonstrate an ability to meet the minimum requirements for eligibility as listed in the RFP. Avista will consider hybrid proposals including combinations of clean energy, capacity and/or storage. Avista will not accept proposals for Renewable Energy Certificates (REC) only. In addition, Avista seeks to acquire at least 5 MW of Demand Response (DR) beginning in 2026. DR programs provide a cost-effective solution to meeting energy demand at peak times and will be evaluated along with supply side resources. RFP responses are due by June 30, 2025. The RFP and bid instructions are available on the Avista website at: About Avista UtilitiesAvista Utilities is involved in the production, transmission and distribution of energy. We provide energy services and electricity to 422,000 customers and natural gas to 383,000 customers in a service territory that covers 30,000 square miles in eastern Washington, northern Idaho and parts of southern and eastern Oregon, with a population of 1.7 million. Avista Utilities is an operating division of Avista Corp. (NYSE: AVA). For more information, please visit To unsubscribe from Avista's news release distribution, send reply message to Contact: Media: Jared Webley, 24/7 Media Access (509) 495-4174
Yahoo
5 days ago
- Business
- Yahoo
Avista issues all-source request for proposals for new energy and capacity resources along with Demand Response
Energy solutions sought to add capacity to Avista's portfolio SPOKANE, Wash., May 30, 2025 (GLOBE NEWSWIRE) -- Avista, through a request for proposal (RFP), is seeking proposals from bidders to add energy and capacity including distributed energy resources, to meet projected resource needs. In addition, Avista is seeking to add a Demand Response program to its portfolio to assist in addressing peak demand. The all-source RFP seeks resources to meet capacity needs for both Washington and Idaho up to 415 MW for winter and 425 MW for summer. As part of this RFP, Avista may bid repowering and/or self-build resources into the RFP. Avista is utilizing an Independent Evaluator for this RFP. Avista's 2025 Electric Integrated Resource Plan filed on December 31, 2024, reflects a need for new electric resources to meet growing customer demand for energy and clean energy requirements of the Clean Energy Transformation Act (CETA) to deliver carbon-neutral electric supply for Washington customers by 2030. 'This RFP represents Avista's efforts to meet its growing customer demand for energy in its service territory while also seeking resources that are clean, affordable and reliable. Avista is dedicated to partnering with innovative providers to deliver resilient energy solutions that support our customers and their evolving energy use.' said Scott Kinney, Avista's Vice President of Energy Resources & Integrated Planning. 'We're proud of our long-standing history of providing reliable power, and these additional resources will help ensure we continue to do so for years to come.' The RFP is open to parties who currently own, propose to develop, or hold rights to resources meeting Avista's requirements for energy and capacity. Bidders must also demonstrate an ability to meet the minimum requirements for eligibility as listed in the RFP. Avista will consider hybrid proposals including combinations of clean energy, capacity and/or storage. Avista will not accept proposals for Renewable Energy Certificates (REC) only. In addition, Avista seeks to acquire at least 5 MW of Demand Response (DR) beginning in 2026. DR programs provide a cost-effective solution to meeting energy demand at peak times and will be evaluated along with supply side resources. RFP responses are due by June 30, 2025. The RFP and bid instructions are available on the Avista website at: About Avista UtilitiesAvista Utilities is involved in the production, transmission and distribution of energy. We provide energy services and electricity to 422,000 customers and natural gas to 383,000 customers in a service territory that covers 30,000 square miles in eastern Washington, northern Idaho and parts of southern and eastern Oregon, with a population of 1.7 million. Avista Utilities is an operating division of Avista Corp. (NYSE: AVA). For more information, please visit To unsubscribe from Avista's news release distribution, send reply message to Contact: Media: Jared Webley, 24/7 Media Access (509) 495-4174Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
27-05-2025
- Business
Draft Irish legislation to ratify EU-Canada trade deal approved
Tánaiste Simon Harris has secured Cabinet approval for the drafting of legislation which will allow for the ratification of the controversial EU-Canada trade deal. The Comprehensive Economic Trade Agreement is a deal reached between the EU and Canada which requires the backing of parliaments across all the EU member states to be fully operational. The provisional application of CETA has already led to an increase in bilateral trade in goods and services with Canada, which went from €3.2 billion in 2016 to more than €10bn in 2023. It is understood Mr Harris argued that CETA is an important part of Ireland's economic diversification strategy, which has been brought into sharp focus by US President Donald Trump's threat to introduce 50% tariffs on EU goods. He believes that Canada shares similar concerns to Ireland and is a reliable and valued trading partner for the country. If the Arbitration (Amendment) Bill is enacted by the Oireachtas, it would enable the ratification of CETA and similar deals with third countries that include investment protection provisions. However, Opposition parties are concerned that CETA contains a system of investor state courts, which they argue will have serious negative ramifications on national regulation as it sets up a court outside our own domestic system. In particular, they contend that CETA would enable large corporations to sue countries if regulations hinder those companies' ability to trade. In November 2022, the Supreme Court ruled by a majority of four to three that the Constitution precludes the ratification of the deal. The court also ruled by a majority of six to one that if certain amendments were made to legislation then the deal could be ratified without breaching the constitution. However, the then coalition of Fine Gael, Fianna Fáil and the Green Party did not legislate to overcome those legal concerns amid internal divisions. The legal case against CETA had been brought by the then-Green Party TD Patrick Costello.
The Journal
26-05-2025
- Business
- The Journal
'Wait and see': Taoiseach says Trump's extension on tariff threat could stifle economic growth
Mairead Maguire reports from the Global Economic Summit in Killarney THE TAOISEACH HAS said that the drawn-out tariff negotiations between the EU and US has created uncertainty that might make companies wary of investing before everything is settled. He said the two have one of the 'most robust and most significant trading relationships' and any deal will make waves internationally, but for now it's 'wait and see'. It comes as US President Donald Trump paused his threatened 50% tariffs on the European Union until 9 July , instead of the 1 June deadline he initially gave. Trump also threatened to place a 25% tariff on tech giant Apple, which has its European headquarters in Cork, in order to move iPhone production to the US. The president last week said that he was 'not looking for a deal' with the EU, repeating his oft-stated view that the bloc was created to 'take advantage' of the United States. However, Taoiseach Micheál Martin: 'All of the indications, in terms of the interaction between Maroš Šefčovič and his [US] counterparts is that they wanted a deal here.' Martin is content with the EU's 'fairly modest' response so far, which he says doesn't escalate tensions further. The uncertainty, however, could see companies and consumers wary of spending. 'Uncertainty is not a good situation for economic growth or economic development, and certainly can act as a restraint on companies deciding to invest,' said Martin. Advertisement 'It also would be a concern that when sentiment changes, people's spending behavior changes. People become more conservative, and hence that can have an impact on the domestic economy.' European Commissioner Michael McGrath said 'every effort' will be made to reach an agreement in what he called a 'critical' six weeks. 'Both sides must really stretch themselves in the negotiations, find a compromise that both can live with and then agree on terms of trade that can present a solid and stable basis for businesses.' Tánaiste Simon Harris says there is 'no time to waste' and that he wants to see 'meaningful and substantive' talks between the two sides. Trade with Canada McGrath and Martin were speaking at the Global Economic Summit in Killarney, where tariffs and trade are the headline issues. The Taoiseach said that a 'more informed' debate about trade is needed in the Dáil amid discussions about CETA, a free-trade agreement between the EU and Canada. The Irish Supreme Court ruled that its ratification would be unconstitutional in the absence of a change to domestic legislation. Tánaiste Simon Harris will seek Cabinet approval tomorrow for the drafting of legislation which will allow for the agreement's ratification. Martin says businesses have 'done very well' while CETA has been operating 'provisionally' in recent years. 'We export nearly 90% of everything we produce, and yet we're having these torturous discussions about whether trade is a good thing or a bad thing,' he said. 'We can't have it all our own way all the time, but trade puts bread and butter on people's tables and I think Ireland needs to realise that.' Readers like you are keeping these stories free for everyone... A mix of advertising and supporting contributions helps keep paywalls away from valuable information like this article. Over 5,000 readers like you have already stepped up and support us with a monthly payment or a once-off donation. Learn More Support The Journal
26-05-2025
- Business
Tánaiste to seek Cabinet approval for EU-Canada trade deal legislation
Tánaiste Simon Harris will seek Cabinet approval tomorrow for the drafting of legislation which will allow for the ratification of the controversial EU-Canada trade deal. The Comprehensive Economic Trade Agreement (CETA) is a deal reached between the EU and Canada which requires the backing of parliaments across all the EU Member States to be fully operational. The provisional application of CETA has already led to an increase in bilateral trade in goods and services with Canada, which went from €3.2 billion in 2016 to more than €10 billion in 2023. The Tánaiste will argue that CETA is an important part of Ireland's economic diversification strategy, which has been brought into sharp focus by US President Donald Trump's threat to introduce 50% tariffs on EU goods. He believes that Canada shares similar concerns to Ireland and is a reliable and valued trading partner for us. If the Arbitration (Amendment) Bill is approved by the Government, and enacted by the Oireachtas, it would enable the ratification of CETA and similar deals with third countries that include investment protection provisions. However, Opposition parties are concerned that CETA contains a system of investor state courts, which they argue will serious negative ramifications on national regulation as it sets up a court outside our own domestic system. In particular, they contend that CETA would enable large corporations to sue countries if regulations hinder those companies' ability to trade. In November 2022, the Supreme Court ruled by a majority of four to three that the Constitution precludes the ratification of the deal. The court also ruled by a majority of six to one that if certain amendments were made to legislation then the deal could be ratified without breaching the constitution. However, the then coalition of Fine Gael, Fianna Fáil and the Green Party did not legislate to overcome those legal concerns amid internal divisions. The legal case against CETA had been brought by the then Green Party TD for Dublin South Central, Patrick Costello. Earlier this year, the Tánaiste signalled this Government's intention to legislate on CETA - something the Cabinet will consider, and likely approve, on Tuesday.
