Consolidated Edison (Con Ed)
Last week’s New York Energy Summit yielded a bumper crop of opinions, updates and words of wisdom from the more than 60 panelists.
FERC denied Cubit Power One’s complaint against Con Ed, saying it did not provide evidence that the utility’s wholesale distribution service rate was unjust.
NYPSC won praise for its implementation of a law to speed up transmission development, but parties said much work remains in order to meet clean energy goals.
Beyond My Ken, CC BY-SA 4.0, via Wikimedia Commons
Consolidated Edison released its 2022 earnings report showing that it earned $1.66 billion in net income, about $300 million, or 23%, more than in 2021.
Members of the New York Climate Action Council continued the debate over the future of natural gas at a Senate hearing on implementing the CAC’s scoping plan.
Seven N.Y. utilities filed a proposal aiming to help develop a "fully decarbonized electric system” by improving grid planning coordination among stakeholders.
NYISO’s Operating Committee approved a winter study, tariff revisions to improve transmission study coordination and manual updates for ICLs.
NYISO stakeholders urged "public policy" transmission upgrades upstate, downstate and along the Pennsylvania border during the ISO’s 60-day comment period.
RWE Renewables Americas will acquire Con Edison Clean Energy Businesses in a deal valued at $6.8 billion.
The D.C. Circuit rejected PJM’s “de minimis” exemption under its DFAX cost allocation and ordered FERC to explain its OK of DFAX's use in two N.J. projects.
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