November 23, 2024

Company News

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CenterPoint Under Fire for Beryl Response
Beleaguered Texas utility CenterPoint Energy has come under fire from the state’s political leadership, lawmakers, regulators and citizens over its slow restoration efforts following a Category 1 hurricane.
Electric cat, CC BY-SA 3.0, via Wikimedia Commons
FERC Approves Icahn Deal for AEP Board Seat
FERC approved granting voting rights to a member of American Electric Power’s board of directors who was appointed by investment firm Icahn Group.
Shutterstock
The Rocky Road to Performance-based Regulation in Connecticut
The ongoing feud between Connecticut utilities and their regulators has spilled over into the state's efforts to implement performance-based regulation for its electric utilities.
Jakec, CC BY-SA 4.0, via Wikimedia Commons
Talen Energy Deal with Data Center Leads to Cost Shifting Debate at FERC
Talen Energy’s deal to carve out capacity from its Susquehanna Nuclear Plant to serve a growing data center on its site drew protests at FERC from other parties who argued the deal and others like it could shift costs and threaten reliability. 
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Texas Utilities: Beryl’s Damage Unlike that of Cat 1s
Transmission providers say Hurricane Beryl’s high winds deep inland in a heavily-wooded region led to significant customer outages that will last more than a week after the storm’s landfall.
NET Power
Startups: Market Will Move New Cleantech Regardless of Election Outcome
Questions from energy reporters at a USEA briefing on emerging cleantech shifted the focus to what will happen to U.S. energy policy if Donald Trump is re-elected president.
Dominion Energy
Dominion Issues RFP for Small Modular Reactor at North Anna
Dominion Energy Virginia issued a request for proposals from developers to build a small modular reactor at its existing North Anna nuclear plant.
Shutterstock
FERC Approves LS Power Gas Plant Purchase Despite PJM Monitor’s Concerns
FERC approved LS Power’s purchase of an 810-MW natural gas plant in central Pennsylvania despite some qualms from PJM’s Independent Market Monitor. 
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Hurricane Beryl Leaves 2.7M Customers Without Power
Hurricane Beryl ripped through the Houston area after making a landfall on the Texas Gulf Coast July 8 as a Category 1 storm, leaving a trail of death and destruction in its wake.
Dominion Energy
FERC Allows Dominion’s FRR Resources to Shift to PJM Capacity Market
FERC granted a complaint from Dominion Energy to allow planned capacity resources to shift their participation from the Fixed Resource Requirement alternative to the Reliability Pricing Model capacity market.

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