October 4, 2024

Company News

PGE Traders Burned by California Heat Wave
PGE (NYSE: POR) said it suffered $127M in losses from wholesale electricity trades due to recent volatility in California's energy market.
Memphis Moves Closer to Breaking from TVA
Memphis Light, Gas and Water took another step away from TVA as staff recommended it issue its first ever request for proposals for new energy sources.
La. PSC Strikes out Again in Entergy Bandwidth Case
FERC rejected a new argument by the Louisiana PSC in a 17-year-old case tied to a now terminated agreement among Entergy’s operating companies.
GridLiance, Xcel Battle over Tx Qualifications
SPP may have been incorrectly charging transmission customers for their use of certain facilities, GridLiance High Plains says.
FERC Rejects Exelon’s Mystic Complaints Against ISO-NE
FERC rejected Exelon’s complaint against ISO-NE’s request for proposals for competitive transmission projects addressing reliability needs in the Boston area.
Dominion Buys Rights to Va. Solar Farm
Dominion Energy obtained the rights to the 62.5-MW Madison Solar generating facility in Orange County, Va., from Cypress Creek Renewables.
PPL to Sell UK Operations, Focus on US
PPL is looking to sell its U.K.-based utility business and focus on U.S. operations, officials said during a second-quarter earnings call.
New CenterPoint CEO Promises to ‘Simplify the Story’
CenterPoint Energy CEO David Lesar told financial analysts the company will "simplify the story" as it attempts to overcome recent bad news.
ComEd, Madigan Sued for $450M in Racketeering Suit
Illinois electric customers filed a federal civil racketeering lawsuit against ComEd and House Speaker Michael Madigan, seeking $450M in damages.
WEC Manages Modest Increase in Q2 Earnings
WEC Energy Group managed a 2-cent EPS improvement in the second quarter over last year, with several factors offsetting the pandemic’s impact.

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