Company News
Entergy reported “solid” earnings in the first quarter, saying it has taken quick action to mitigate the effects of the COVID-19 pandemic.
Exelon said its Illinois nuclear plants are “up against a clock,” with the legislature unable to meet to consider withdrawing from PJM’s capacity market.
Dominion told Virginia regulators it is undecided about whether to pursue an FRR or remain in the PJM capacity market, where new self-supply resources would be subject to the MOPR.
Con Ed’s profits fell nearly 12% in the first quarter and attributed the decline to the effects of the economic shutdown and unusually warm weather.
The COVID-19 pandemic might not have impacted Eversource’s first-quarter earnings, but it is affecting it as a utility and developer of offshore wind energy projects.
PPL executives told investors in a first-quarter earnings call that the utility is continuing to meet its 2020 financial results amid the COVID-19 pandemic.
The California PUC approved a settlement with PG&E that imposes penalties of more than $1.9 billion for safety and maintenance lapses that led to wildfires.
Enable Midstream partners CenterPoint and OGE lost $1.2 billion and $492 million, respectively, following the partnership’s recent cutbacks.
In an earnings call, NRG CEO Mauricio Gutierrez touted the company’s strong position despite the social disruptions stemming from the coronavirus pandemic.
American Electric Power can be counted among companies whose environment has been turned upside down by COVID-19, with Q1 earnings down sharply.
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