Company News

U.S. Army Corps of Engineers
BPA Markets+ Phase 2 Bill Could Reach $27M — or More
BPA will be on the hook for nearly $27 million in funding for the next phase of SPP’s Markets+ — and potentially more depending on the market’s final footprint, according to a document SPP filed with FERC.
PSEG
PSEG Sees Surge in Large Load Inquiries
Public Service Enterprise Group saw an “over-12-fold” increase in mature leads and inquiries from customers exploring “large load and data center projects” over the past year, CEO Ralph LaRossa said in the utility’s fourth-quarter earnings call. 
U.S. Army Corps of Engineers
2 Top BPA Execs to Depart; Army Corps of Engineers also Faces Massive Cutbacks
The resignations of COO Joel Cook and Senior Vice President of Transmission Richard Shaheen are the latest in a series of unsettling developments at the federal power agency.
Southern Co.
Strong Southeast Economy Bolstered Southern Co. Growth in 2024
Southern Co. leaders said the region's rising commercial demand for electricity continued to fuel strong revenue growth across its companies in 2024.
Shutterstock
Con Edison Planning Significant Infrastructure Investment
Consolidated Edison claimed solid progress and reported solid results as it released its 2024 financials Feb. 20.
© RTO Insider LLC 
BPA Close to Issuing New Long-term Power Contract
The Bonneville Power Administration kicked off the last public contract development workshop series under its "Provider of Choice" initiative, allowing stakeholders to provide input on the agency’s long-term power contracts that it will issue later this year.
ERCOT
2 Companies Withdraw Texas Energy Fund Projects from Consideration
Two energy companies have withdrawn projects from the Texas Energy Fund, citing equipment procurement constraints that will keep them from meeting a December 2025 deadline.
Constellation Energy
Constellation Reports Solid 2024 Financials, Expects Better in 2025
Constellation Energy turned in better than projected financials for 2024 as it continued to meet the demand for emissions-free energy with the nation’s largest nuclear fleet.
© RTO Insider LLC
Ore. Senators Ask Trump to Justify ‘Reckless’ Job Cuts at BPA
Oregon Sens. Jeff Merkley and Ron Wyden have demanded the Trump administration explain and justify recent actions that could drastically cut staff at the Bonneville Power Administration.
Casey Monaghan, CC-BY-SA 2.0, via Wikimedia
Utilities Pushing for Return to Owning Generation in Pennsylvania
Spiking capacity prices in PJM have PPL and Exelon pushing for a potential return to utility-owned generation in Pennsylvania, which three former PUC chairs warned would be harmful to consumers.

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