October 2, 2024

Company News

Duke Shareholders Reject Proposal to Require Independent Board Chair
Duke Energy’s shareholders are fine with CEO Lynn Good also continuing to serve as chair of the company’s board of directors.
Dominion Opts out of PJM Capacity Auction
Dominion has abandoned PJM’s capacity market over concerns the minimum offer price rule will undermine its ability to meet Virginia’s renewable targets.
Biden’s Support for Nuclear ‘Too Late’ to Save Exelon Plants
Exelon’s Byron and Dresden nuclear plants depend on the Illinois legislature passing a comprehensive energy package, CEO Chris Crane said.
Despite FERC NOPR, Fortis Optimistic About Transmission
In a first-quarter earnings call with analysts, Fortis CEO David Hutchens highlighted the work of subsidiary ITC Transmission in MISO and PJM.
PSEG Finds Buyer for Solar Assets
PSEG announced it has entered into an agreement to sell its 467-MW Solar Source portfolio of 25 solar plants to Quattro Solar, an affiliate of LS Power.
Renewables Boost Avangrid Q1 Earnings
Avangrid reported a 40% increase in its first-quarter profits, compared to the same period in 2020, buoyed by its renewables division.
Activists Urge Duke Shareholders to Reject Chair Lynn Good
The Duke Energy Accountability Coalition has called for shareholders to vote CEO Lynn Good off the company’s board of directors during its annual meeting.
Dominion Confident in OSW Price Despite Rising Costs
Dominion Energy officials are confident that its 2.6-GW offshore wind project will meet cost projections despite rising raw material costs.
Wildfire Liability, Criminal Charges Cloud PG&E Outlook
PG&E faces criminal charges and wildfire liabilities not included in last year’s bankruptcy settlement, company officials said in an earnings call.
SPP Board/Members Committee Briefs: April 27, 2021
SPP stakeholders approved staff’s recommendation to withdraw a competitive transmission project that was opposed by the incumbent transmission owner, Evergy.

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