October 6, 2024

Avangrid

Overheard at NECBC 2019 Energy Conference
State and federal regulators joined industry leaders at the New England-Canada Business Council’s (NECBC) 27th annual energy conference in Boston.
Avangrid Earnings Revive on Wind, New Assets
Increased wind output helped Avangrid’s profits jump 20% in the third quarter as the company continued to see strong growth in its renewables fleet.
PJM Suspends Auction Deadlines Pending FERC Action
PJM told stakeholders all deadlines for upcoming capacity auctions will be suspended pending FERC action on the RTO’s proposed revisions to its capacity market.
Avangrid Earnings Continue to Lag on Weak Wind
Avangrid reported second-quarter earnings of $110 million ($0.36/share), up slightly from $107 million ($0.35/share) in the same period in 2018.
Avangrid Earnings Drop on Weak Wind
Declining wind output drove down Avangrid’s first-quarter earnings by 11% compared to a year earlier, company officials said.
Dominion Energy
Connecticut Likely to OK Millstone for Zero-carbon RFP
Dominion Energy has inched closer to winning state-subsidized energy contracts for its Millstone nuclear plant in Connecticut.
CAISO RC Effort Gets FERC Go-ahead
FERC approved a set of Tariff revisions covering California Independent System Operator's new reliability coordinator services.
© RTO Insider
Canada, New England Talk Trade, Politics and Clean Energy
Attendees of the New England-Canada Business Council’s 26th annual energy conference discussed U.S.-Canada trade and the growth of renewables.
PSEG, GridLiance Spar over Order 1000
The Energy Bar Association’s Mid-Year Energy Forum featured a debate over FERC Order 1000 and a discussion of return on equity incentive adders.
Avangrid
Avangrid Q3 Earnings Call Highlights Offshore Wind
Avangrid earnings jumped more than 25% year-over-year in the 3rd quarter, mainly driven by increased gross margins for renewables and new transmission rate plans.

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