November 24, 2024

Company News

Entergy
Entergy States Debut Long-range Tx Cost Allocation Proposal, MISO Members Unconvinced
Entergy regulatory staff revealed their vision for cost allocation on future long-range transmission projects, with multiple clean energy groups deeming the proposal incompatible with building a grid ready for the future.
Duke Energy
Duke Energy Projects Higher Earnings, Load Growth in 2024
Duke Energy reported an increase in projected load growth from economic development and migration at its 2023 year-end earnings call.
DTE Energy
DTE Highlights Improved Infrastructure in Year-end Earnings Call
DTE Energy touted its investments in infrastructure and clean energy during its fourth-quarter earnings call, with earnings down 1%.
Electric cat, CC BY-SA 3.0, via Wikimedia Commons
FERC Grants AEP Utilities Waiver of Capacity Obligation
FERC granted American Electric Power waivers to alter the capacity obligation calculation for four of its vertically integrated utilities in PJM to not include load growth outside their territories.
Shutterstock
FERC to Return $13.6M to BP from 2008 Enforcement Case
FERC approved the return of $13.6 million in penalties it had collected from BP over a case of alleged manipulation of Houston Ship Channel natural gas prices after Hurricane Ike in 2008.
U.S. Forest Service
CPUC Fines PG&E $45M for 2021 Dixie Fire

California regulators approved the penalty against Pacific Gas and Electric for the utility’s role in the the second-largest wildfire in the state’s history.

NextEra Energy Resources
NextEra: Disruption Only Strengthens the Company
NextEra CEO John Ketchum said the company relied on 25 years of experience to navigate “clear headwinds for renewables” over the past two years.
© RTO Insider LLC
CPower Event Charts the Future of Virtual Power Plants
CPower hosted an event outside D.C. that charted the demand response's industry's evolution to a virtual power plant model that can help the industry manage the growing share of DERs coming onto the grid.
The Breakthrough Institute
Diablo Canyon Secures $1.1B DOE Award to Support Operations
The 2,200-MW PG&E plant will be the first recipient of federal funds being made available to shore up operations at U.S. nuclear plants that face imminent closure.
Platinum Equity Advisors
LS Power Purchasing 810-MW Combined Cycle Generator in Pa.
LS Power has entered into an agreement with Platinum Equity to purchase the 810-MW gas-fired Hunterstown Generating Station in Adams County, Pa.

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