Company News
FirstEnergy promoted CFO Steve Strah to take over as president for Charles Jones, who will remain as CEO.
FERC rejected Public Service Company of Colorado’s proposed changes to its large generator interconnection procedures.
Indiana regulators are collecting information on whether Duke is prudently handling the self-commitments of its coal units in the state.
Exelon’s Constellation will pay American Electric Power $252,701 to settle AEP’s complaint over MISO’s failure to collect transmission charges from a defunct LSE.
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.
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.
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.
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