Company News

Exelon Encouraged by Perry’s Memo, Thinks ZECs Will Hold Up
Exelon thinks courts will uphold programs that provide zero-emission credits benefiting its nuclear power plants, executives said in the Q1 earnings call.
Eversource Earnings Up, Northern Pass Seen on Schedule
Eversource Energy reported first-quarter earnings of $259.5 million, up 6.3% from $244.2 million in the same period a year ago.
Generation Woes Drive down NRG Q1 Earnings
NRG Energy posted sharp losses in the first quarter on lower hedge margins and declining capacity revenues in the eastern U.S.
NiSource Pegs Q1 Success on Infrastructure Investments
NiSource owes its “strong” first-quarter performance to the success of its infrastructure spending strategy, according to CEO Joseph Hamrock.
Con Edison Q1 Earnings Up 2.3%
Con Edison reported first-quarter revenues up across its operations, with results reflecting regulatory charges and changes in rate plans.
PGE Affirms Strategy to Help Meet Calif. Environmental Goals
Pacific Gas and Electric isn’t having second thoughts about its strategy of capitalizing on California’s greenhouse gas reduction goals.
Watts Bar 2 Off Until Summer; Concerns over Safety Culture Persist
TVA's Watts Bar 2 nuclear unit, which went offline in March because of an equipment problem, is expected to remain down until sometime this summer.
FirstEnergy Hopeful on State, Federal Support
FirstEnergy is encouraged by new support for nuclear and coal-fired plants, but the company will not change its plan to divest its merchant generation.
Q1 Earnings Briefs
Summaries of first-quarter earnings reports for AEP, Xcel Energy and NextEra Energy.
Avangrid Q1 Net Income up 13% on NY, Conn. Rate Hikes
Avangrid reported consolidated net income of $239 million ($0.77/share), compared with $212 million ($0.69/share) for the same period in 2016.

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