January 26, 2025

Company News

Powerex
Powerex Commits to Funding, Joining SPP’s Markets+
Powerex says it will fund the next phase of SPP’s Markets+ and “re-affirmed” its commitment to joining the Western real-time and day-ahead offering.
© RTO Insider LLC
Appeals Court Rules FERC Improperly Awarded RTO Membership Adder
The 6th U.S. Circuit Court of Appeals ruled FERC improperly allowed Duke Energy Ohio and FirstEnergy to include the RTO adder in their rates despite participation in an RTO being mandated by Ohio law.
Shutterstock
SCE Faces Scrutiny and Risks Amid LA Wildfires
Though no utilities have been blamed for the deadly wildfires in Los Angeles so far, stakeholders cautioned that companies like Southern California Edison are not completely out of the woods and still face financial and legal risk. 
© RTO Insider LLC 
BPA Not Planning Any Major Resource Acquisitions
BPA is not planning to acquire any major energy resources but is taking steps to ensure it’s ready in case those predictions should change, staff said during a presentation of the agency’s 2024 Resource Program.
Switch
Biden Wants Data Centers, Clean Energy on Federal Land by 2027
With days left in his administration, President Joe Biden issued an executive order aimed at siting and permitting cutting-edge artificial intelligence data centers on federal land by 2027.
© RTO Insider LLC 
Fire Agencies Investigating SCE’s Role in LA Fire, Utility Says
Fire agencies are investigating whether Southern California Edison’s equipment ignited one of the fires currently ravaging Los Angeles, the utility said in a news release.
Duke Energy
Duke Names Harry Sideris as Company’s Next CEO
Duke is getting a new CEO as Lynn Good plans to step down this spring after more than a decade running the company. Longtime executive Harry Sideris has been named as her replacement.
Constellation Energy
Constellation to Acquire Calpine for $29.1B
Constellation Energy Corp. will acquire Calpine Corp. in a deal that will create the largest U.S. fleet of zero- and low-emission power generation.
Bonneville Power Administration
In Letter to Senators, BPA Tempers Markets+ Leaning
The Bonneville Power Administration tamped down expectations that it is all in on SPP’s Markets+, clarifying in a recent letter to lawmakers representing Oregon and Washington that it’s still weighing the pros and cons of joining a day-ahead market.
Voltus
Voltus Agrees to $18M Fine to Settle DR Tariff Violations in MISO
FERC authorized another penalty concerning demand response violations in the MISO capacity market, this time approving an $18 million settlement over Voltus reportedly falsifying registrations and overstating capacity from 2017 to 2021.

Want more? Advanced Search