Company News
California’s three investor-owned utilities want lawmakers to limit their liability for wildfires sparked by power lines.
OGE Energy said that a strong regional economy and positive regulatory developments led to an improved second quarter for the company.
Footprint Power asked FERC to dismiss allegations that it misled ISO-NE with supply offers for Salem Harbor it could not meet because of insufficient fuel.
Nonutility buyers have contracted for more than 3.5 GW of renewable energy in 2018, the Rocky Mountain Institute’s Business Renewables Center reported.
NiSource reported second-quarter earnings of $23.2 million, compared to a net loss of $44.4 million for the same period a year ago.
Consolidated Edison earned $188 million ($0.60/share) in the second quarter, a 7% increase from $175 million ($0.57/share) in the same period last year.
Public Service Enterprise Group added two new combined cycle plants to its generating fleet as earnings rose in the second quarter.
Dominion Energy's operating earnings jumped by one-third in the second quarter, boosted by power sales to new data centers.
CenterPoint Energy reported a second-quarter loss of $75 million ($0.17/share), compared to a profit of $135 million ($0.31/share) a year earlier.
Eversource Energy is increasing its capital spending over the next three years by $600 million, bringing the total to $7.1 billion through 2021.
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