October 2, 2024

Company News

Six Years in the Making: LP&L Migrates Load to ERCOT
ERCOT welcomed 70% of Lubbock Power & Light’s load to its system, a culmination of six years of engineering work and regulatory approvals.
CPS Energy Wins Round 1 vs. ERCOT
CPS Energy is celebrating a pair of victories in its battle with ERCOT over the nearly $50 billion in market transactions during the February winter storm.
Tenaska Challenges SPP Tx Upgrade Costs
Tenaska filed a complaint over SPP’s network upgrade costs, challenging an unexpected $66 million increase added to its Clear Creek wind farm in Missouri.
Washington PUD, NuScale Sign MOU to Explore Use of Small Reactors
A designer of small modular reactors has linked with a venture to build four small reactors at Hanford Nuclear Reservation in Washington.
Legislators Considering Bill to Replace Maine’s IOUs
The Maine PUC says a bill that would replace the state's two IOUs with a consumer-owned utility could frustrate grid modernization goals.
Lenders, Developers Bullish on East Coast OSW
The Biden administration’s climate goals and a new investment tax credit has U.S. offshore wind developers and prospective lenders bullish about the future.
Transource
Transource Tx Project Rejected by Pa. PUC
The future of the Independence Energy Connection transmission project is in doubt after the Pennsylvania PUC rejected siting applications.
PG&E to Sell San Francisco HQ for $800M
PG&E will sell its iconic San Francisco headquarters to real estate venture Hines Atlas US for $800 million.
Apple Endorses Biden’s Clean Energy Standard at ARPA-E Summit
Apple's Lisa Jackson opened DOE’s ARPA-E Energy Innovation Summit with an endorsement of President Biden’s proposed clean energy standard.
FERC Reduces Entergy’s Return on Equity
FERC reduced Entergy’s base return on equity to 10.37%, applying the methodology it adopted for MISO transmission owners in Opinion 569-A a year ago.

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