October 4, 2024

Company News

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.
PG&E Seeks to Finalize Deal with FEMA, Calif. Agencies
The judge overseeing PG&E’s bankruptcy rebuffed the utility’s request to quickly approve agreements signed between it, fire victims and government agencies.
‘NextGrid’ Goes off the Rails
The Illinois Commerce Commission’s “NextGrid: Illinois’ Utility of the Future” study, which began with grand hopes years ago, ended with barely a whimper.
Ohio OKs FirstEnergy Brokerage Despite Protests
The Public Utilities Commission of Ohio approved Suvon, doing business as FirstEnergy Advisors, as a competitive retail electric service provider.
PG&E CEO Johnson Says He’ll Step Down
PG&E Corp. CEO Bill Johnson announced he would retire at the end of June, by which time the utility is hoping to exit bankruptcy.
NextEra Plans to Combine FPL, Gulf Power Utilities
NextEra Energy said that it will combine its FPL and Gulf Power utilities into a single entity that will stretch from the Panhandle to Miami Beach.
FERC Tweaks Entergy Bandwidth Decision
FERC reversed one part of a decision on the long-disputed bandwidth calculation Entergy used to equalize production costs among its operating companies.
Morenci Project Dropped from MTEP 18
FERC affirmed METC's 138-kV Morenci transmission project is a local distribution facility that should not be included in MISO's annual transmission plan.
Golden Spread Ordered to Further Comply with Order 845
FERC partially approved Golden Spread Electric Coop’s Order 845 compliance filing but directed them to make another proving compliance within 120 days.
‘Most Efficient’ Coal Plant in Bankruptcy Again
Longview Power, a supercritical coal-fired generator that claims to be the most efficient coal facility in North America, filed for bankruptcy again.

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