Company News

Exelon Appeals ISO-NE Zero-Price Offer Requirement
Exelon has asked the D.C. Circuit to overturn two FERC orders that reaffirmed the zero-price offer requirement in ISO-NE. 
FERC: PSEG Can Recover Costs if Artificial Island Project is Canceled
FERC approved an incentive filing by PJM that will allow PSE&G to recoup all of its costs if the Artificial Island reliability project is canceled due to reasons beyond the company’s control.
Avangrid Posts Profit in First Earnings Results
Avangrid released its first-ever earnings results, showing net income of $267 million for 2015.
Entergy Granted Waiver in New Orleans 15th Ward Transfer
FERC granted Entergy permission to use a one-time load adjustment in the transfer of transmission facilities in Algiers.
Nuclear Lobby: ‘No Time to Waste’ on Market Issues
Marvin Fertel, CEO of the Nuclear Energy Institute, noted that eight reactors have closed or announced closings in the last three years.
Cuomo, NRG in Spat over Dunkirk’s Closure
New York Gov. Andrew Cuomo has accused NRG Energy of reneging on an agreement to repower the shuttered Dunkirk coal-fired power plant.
Fitzpatrick Closure Could Leave NY Generation Short
Closure of the FitzPatrick nuclear plant will leave New York at least 325 MW short of its generation requirement by 2019, NYISO says.
DTE Earnings Down on Non-Utility Businesses
DTE Energy reported 2015 net income of $727 million, a 20% decline from 2014’s $905 million.
New ERCOT CEO Relies on People Skills, Experience
New ERCOT CEO Bill Magness will use his quarter century of experience, and his self-deprecating humor, to lead the ISO.
Utilities Make Their Case to Skeptical Wall Street
Investor-owned utilities will have a central role in the expansion of distributed generation and renewables, the industry’s trade group told securities analysts.

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