October 4, 2024

Company News

FERC Accepts SPP, NIPCO Settlement
FERC accepted an uncontested settlement agreement between SPP and NIPCO over the latter’s annual transmission revenue requirement.
FERC OKs El Paso Electric Mitigation
FERC approved a market power mitigation plan for an investment fund’s $4.3B purchase of El Paso Electric and rejected rehearing requests challenging its approval.
Feds: FE Paid $61M in Bribes to Win Nuke Subsidy
FirstEnergy spent $61 million in bribes and “dark money” to elect Ohio House Speaker Larry Householder and his allies, federal officials charged.
Texas PUC Approves WETT’s Ownership Change
Texas regulators signed off on a settlement agreement between Wind Energy Transmission Texas and other parties that will result in a change in ownership.
How ComEd Got its Way with Ill. Legislature
ComEd admitted it bribed Ill. House Speaker Michael Madigan in return for legislative support, what one involved called an "old time patronage system."
ComEd to Pay $200 Million in Bribery Scheme
Exelon’s ComEd agreed to pay a $200 million fine to settle allegations it bribed Illinois House Speaker Michael Madigan in return for legislation favor.
Xcel to Begin Seasonal Operation at 2 Coal Plants
The Minnesota Public Utilities Commission approved Xcel Energy’s request to operate two of its four coal units on a seasonal basis.
Colo. ALJ Proposes $235M Exit Fee for United Power
A Colorado administrative law judge recommended the state’s PUC accept United Power’s exit-fee methodology in its long-running dispute with Tri-State G&T.
Md. PSC OKs Independence Energy Connection Deal
The Maryland PSC approved a settlement allowing Transource Energy to move forward with its Independence Energy Connection transmission project.
Energy Harbor Settles with Solar Co. for $66M
Energy Harbor will pay almost $66 million to cancel a solar purchase power agreement signed by its predecessor, FirstEnergy Solutions.

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