November 2, 2024

July 2016

FirstEnergy Posts $1.1B Loss, Eyes Exit from Merchant Generation
FirstEnergy posted a $1.1 billion second-quarter loss, much of it related to the pending closure of five coal-fired units.
NextEra Reaches Deal for Oncor
NextEra has agreed to buy Energy Future Holdings’ Oncor assets in a deal that values the Texas transmission and delivery subsidiary at $18.4 billion.
Exelon’s Constellation to Buy Con Ed’s Retail Operation
Exelon is buying the Consolidated Edison (Con Ed) retail energy business as it continues its efforts to hedge against falling wholesale power prices.
Governance Plan Critics Urge Slowdown of Western RTO Development
Critics say CAISO is moving too quickly in its effort to get a plan for a Western RTO to California lawmakers before legislative session's end.
New York ESCO Order Vacated by Court
A New York judge vacated the NY PSC February “reset order” that sought to overhaul the businesses practices of retail energy suppliers.
FERC OKs Settlement, Orders Earlier Refunds in MISO Voltage Cost Allocation Case
FERC approved a settlement in a dispute between WPPI Energy and MISO over how to allocate voltage and local reliability costs to pseudo-tied load.
FirstEnergy Closing Largest Coal Plant in Ohio; Bay Shore also in Peril
FirstEnergy will retire four units at its Sammis coal-powered power plant and sell or deactivate its Bay Shore plant by 2020.
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Federal Briefs
This week's FERC and federal briefs include news on the EPA, BOEM, SoCalEd, San Onofre, Obama Administration, Navy and other agencies.
PUCT Asks ERCOT, SPP to Coordinate on Lubbock PL Move
Staff from ERCOT and SPP began discussions to determine how to work together on Lubbock Power & Light’s (LP&L's) planned move to the ERCOT grid.
Commenters Laud, Blast New York’s Nuclear Subsidy Plan
The New York  Public Service Commission (NYPSC) closed the comment period on the cost of the plan’s zero-emission credits for nuclear power plants.

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