October 1, 2024

Company News

Ameren Illinois
FERC Firm on Refunds in Ameren Rate Case
FERC has decided that Ameren Illinois must still issue refunds over transmission rate errors uncovered by a central Illinois co-op.
Doug Kerr, CC BY-SA-2.0, via Wikimedia
FERC Again Dismisses Queue Complaint Against NYISO, Central Hudson
FERC upheld its July dismissal of a complaint by Hecate Energy that Central Hudson and NYISO delayed its 20-MW solar generation project in Greene County, N.Y.
Sierra Club - Vermont Chapter
Negotiations Stall in GlobalFoundries’ Bid for Vt. Utility Status
Parties to GlobalFoundries' case seeking utility status have not reached an agreement on a greenhouse gas reduction plan for the company.
NRC
Bankruptcy Court OKs Legal Fees of $65 Million in FES Case
A federal judge in Ohio approved of legal fees of more than $65 million and expenses totaling $2.7 million in the FirstEnergy Solutions bankruptcy case.
Brian Stansberry, CC BY-SA-3.0, via Wikimedia
Tennessee Grand Jury Seeks Federal Action on TVA Coal Ash Cleanup
A grand jury rejected indictments over TVA’s cleanup of its 2008 coal ash spill but called for a federal probe into claims the utility exposed workers to harm.
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PG&E Likely Violated Probation, Judge Finds
A federal judge found there was probable cause to believe PG&E violated its probation by starting the Kincade Fire in 2019 and the deadly Zogg Fire last year.
Tesla
Tesla Gets OK to Sell Power in Texas
The Texas Public Utility Commission has given a Tesla subsidiary permission to begin selling electricity to retail customers.
Tri-State Generation and Transmission
FERC Accepts Tri-State’s Exit Fee Calculation
Regulatory hurdles remain for Tri-State G&T, despite FERC's acceptance of the cooperative's controversial exit-fee methodology for its members.
PG&E
California PUC Applies New Safety Metrics to PG&E
PG&E could face additional oversight and enforcement if it fails to meet new safety metrics adopted by the California Public Utilities Commission.
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FirstEnergy Announces $3.4 Billion in New Equity Financing
FirstEnergy announced $3.4 billion in new equity financing from two global investors that it believes will position it for long-term EPS growth of 6 to 8%.

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