September 29, 2024

Company News

FirstEnergy
FirstEnergy Hires Tierney as New Chief Executive
FirstEnergy’s board of directors appointed Brian Tierney, currently a senior executive at the investment company Blackstone, as the company's new CEO.
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FERC Refuses Rehearing of PG&E-San Francisco Dispute
FERC refused to rehear a case in which PG&E and San Francisco have argued for 18 years over distribution service to San Francisco’s public utility customers.
Xcel Energy
PSCo, Idaho Power Comply with Show-cause Order
FERC has approved two Western utilities’ revisions to their transmission formula rate protocols in their response to a show cause proceeding begun last year.
Cleco
Cleco CCS Project Looks to Beat Carbon Mandates
Cleco’s Diamond Vault carbon sequestration project is in the thick of an engineering study that will determine the project’s design and construction.
Shutterstock
NY OSW Developers Propose Collaboration with GE
General Electric may play a potentially significant role in the supply chain that New York hopes to host for its new offshore wind industry.
Consumers Energy
Consumers, DTE Energy on the Hot Seat over Michigan Outages
Consumers Energy and DTE Energy are on the hot seat after weather-related outages that affected as many as 1 million Michigan customers since February.
Lordstown Motors
Lordstown Motors Production Line Down at Least Until April
Lordstown Motors is uncertain whether it will resume production of its electric pickup truck following a second recall to address supply chain quality issues.
Vistra
Vistra Pays more than $3 Billion for Energy Harbor
Vistra agreed to buy Energy Harbor and will create a new unit with 7.8 GW of zero-carbon generation, separate from its 32 GW of fossil fuel plants.
PG&E
NRC OKs Exemption to Keep Diablo Canyon Running During License Renewal
Citing reliability concerns, the NRC OK'd a request to keep Diablo Canyon Power Plant's two reactors running past their license expirations in 2024 and 2025.
TDI
NYDPS Gives Go-Ahead to CHPE Construction
New York regulators authorized the Champlain Hudson Power Express to begin construction on the line, which will deliver Canadian hydropower to New York City.

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