October 4, 2024

Company News

Exelon Bid to Keep Mystic Units Running Provokes Outrage
Exelon provoked ire among ISO-NE stakeholders after signaling it plans to keep its Mystic plant open after expiration of its cost-of-service agreement with the RTO.
Dominion Energy Earnings Impacted by Weather, Not COVID-19
Dominion Energy saw little load impact from the COVID-19 pandemic in the first quarter, but earnings were hurt by an abnormally warm winter season.
PSEG Turns Bullish on NJ FRR Option
PSEG CEO Ralph Izzo said it would be “logical” for New Jersey to abandon the PJM capacity market by adopting the fixed resource requirement option.
Vistra Earnings Up as it Readies for New Normal
Vistra Energy credited early actions to prepare for the impact of the coronavirus pandemic as it reported improved first quarter earnings.
Public Citizen Seeks Rehearing of El Paso Electric Order
Emboldened by its victory in an affiliate case involving Goldman Sachs, Public Citizen asked FERC to reconsider a ruling involving JPMorgan Chase.
PG&E Says Most Board Members Will Leave
PG&E Corp. said as part of its first-quarter earnings report that 11 of its 14 directors would be leaving its board.
CMS Energy Stays Course Despite Virus Havoc
CMS Energy said it will stick to planned long-term investments and complete decarbonization plans despite uncertainties by the ongoing COVID-19 pandemic.
Judge Orders PG&E to Improve Line Inspections
The judge in charge of PG&E’s criminal probation imposed new conditions requiring the utility to do better to avoid starting wildfires.
DTE to Cut Spending in Response to Pandemic
DTE Energy will cut $60 million in operations and maintenance expenses to counteract sagging energy sales caused by social distancing measures in Michigan.
FERC: New Goldman Unit an Affiliate
FERC granted Goldman Sachs Renewable Power Marketing authority to make market-based sales but said it would consider it an affiliate of The Goldman Sachs Group investment bank despite its objections.

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