Company News

Mystic Closure Notice Leaves Room for Reversal
Exelon filed with ISO-NE to retire the Mystic generating station, but the company said it “may reconsider” the decision if the RTO can reform its markets.
Duke Seeks Tech Advances to Phase out Coal
Duke Energy released a carbon-reduction plan that anticipates relying on natural gas and technology advancements to phase out coal-fired generation by 2050.
Court Backs FERC in Hydro License Dispute
FERC adequately explained why it limited Duke Energy Carolina to a 40-year extension on a hydropower project, the D.C. Circuit Court of Appeals ruled Tuesday.
Great Plains and Westar
FERC Greenlights Great Plains-Westar Merger
FERC approved the proposed $14 billion merger between Great Plains Energy and Westar Energy.
NRG Announces $1 Billion Stock Buyback, $70 Million Sale
NRG Energy said that its board has authorized the company to spend $1 billion on its stock repurchase program.
Sempra Energy
Sempra Joins ‘Three-Pronged’ Wildfire Front
Sempra Energy became the third California-based energy company to promise a “three-pronged” cost recovery effort related to wildfires.
Bankruptcy Court OKs Sempra-Oncor Deal
Sempra Energy announced that the U.S. Bankruptcy Court for the District of Delaware has confirmed a reorganization plan for Energy Future Holdings.
Entergy
OGE, CenterPoint, Entergy Results Up on Tax Cuts
The cut in federal corporate income taxes figured prominently in fourth quarter earnings reports by OGE Energy, CenterPoint Energy and Entergy.
PSEG Head Confident Nukes Will Get Support
PSEG CEO Ralph Izzo expressed confidence that the company’s five nuclear power plants will receive subsidies through New Jersey legislation.
Edison International Presses Wildfire Cost Recovery
Edison International has joined other California utilities in protesting difficulties with cost recovery related to devastating wildfires.

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