Company News

WEC Earnings Call Highlights Natural Gas Efforts
WEC reported net income of $194.4 million for the fourth quarter. The earnings call focused largely on the company’s natural gas initiatives.
APS to Maintain Market Rate Authority in Tucson Electric BAA
Arizona Public Service (APS) can continue to charge market-based rates in Tucson Electric Power’s balancing authority area, FERC ruled.
NextEra Misses Expectations, but Boosts Profits
NextEra boosted its adjusted earnings by 5% in the fourth quarter and 11% for all of 2016, despite falling short of investor expectations on both measures.
AEP’s Akins Optimistic over Regulated Future
AEP reported fourth-quarter operating earnings of 67 cents/share, up almost 40% from a year earlier.
FERC Approves 8.95% Base ROE in NYPA Settlement
FERC accepted a settlement that replaces the New York Power Authority’s (NYPA) stated transmission rates with a base Return on Equity.
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Oncor Demo Center Tests DG, Storage — and Gives Visitors a Jolt
Oncor's Technology, Demonstration and Education Center is a peek into the grid’s future, showcasing new technologies; including energy storage and DER.
FERC OK in Hand, NextEra Faces More Questions on Oncor Deal
NextEra Energy has won FERC approval to acquire Oncor, but is still facing questions from the PUCT and calls for more protections from stakeholders.
FERC OKs New CAISO Load-Serving Entity Definition
FERC approved a new definition of a “load-serving entity” in CAISO that includes those that purchase wholesale electricity to serve their own needs.
UPDATE: Dynegy Files Mitigation Plan for Purchase of ENGIE Plants
Dynegy says it will sell generation if necessary to address FERC's market power concerns over the company’s acquisition of ENGIE's power generation unit.
FERC Upholds Berkshire Market-Based Rate Ruling
FERC denied the Berkshire Hathaway Energy request to rehear a ruling prohibiting the company’s subsidiaries from selling electricity at market-based rates.

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