October 5, 2024

Company News

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Mass. DPU Approves 1st Round of Utility Grid Modernization Plans
The Massachusetts Department of Public Utilities approved grid modernization plans from electric distribution companies to handle increasing electrification and the deployment of distributed resources.
The Brattle Group
Brattle New Mexico Study Shows EDAM Benefits Outpacing Markets+
A new study may dispel the notion that New Mexico utilities must follow the day-ahead market choice of their Arizona counterparts in order to realize benefits from market participation.
Black Hills Energy
CAISO’s WEIM Plucks Black Hills Utilities from SPP’s WEIS
CAISO scored a geographically small but symbolically significant victory with the announcement that two Black Hills Energy subsidiaries will move to the ISO’s Western Energy Imbalance Market.
National Grid
National Grid Lining up 70-plus Transmission Projects
National Grid’s Upstate Upgrade is a portfolio of more than 70 projects announced in March that will continue through 2030 at a cost of more than $4 billion.
King of Hearts, CC BY-SA 4.0, via Wikimedia Commons
Court Sides with PG&E in Long-running San Francisco Dispute
The D.C. Circuit ruled in favor of Pacific Gas and Electric in the latest twist in a nearly two-decade dispute with the San Francisco over a distribution system wheeling contract between the two entities.
Basin Electric Power Cooperative
FERC Rejects Basin Electric Proposal for Crypto Rates
FERC rejected without prejudice Basin Electric’s proposed cryptocurrency and large load rate schedules, saying it had not demonstrated that such loads pose a greater stranded asset risk.
© RTO Insider LLC
Form Energy to Develop First Multiday Storage Project in New England
A major multiday energy storage project in central Maine intended to ease congestion is moving forward thanks to $147 million in federal funding.
Texas Senate
CenterPoint Energy Still in Eye of the Storm
Texas lawmakers and regulators are trying to figure out how a puny Category 1 hurricane could have caused the devastation in Houston that led to long-term outages, and CenterPoint Energy has borne the brunt of the scrutiny.
Entergy
FERC OKs $116M Settlement for New Orleans over Grand Gulf Nuclear Mismanagement
FERC sanctioned a partial settlement to resolve many of the New Orleans City Council's longstanding complaints over management of the Grand Gulf Nuclear Station.
FirstEnergy
FirstEnergy Pays Ohio $20M to End Bribery Scandal Litigation
FirstEnergy reached an agreement with the Office of Ohio Attorney General and the Office of the Summit County Prosecutor to resolve all outstanding proceedings on the firm’s bribery scandal. 

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