October 5, 2024

Consolidated Edison (Con Ed)

NYPSC: Offshore Wind ‘Ready for Prime Time’
The New York Public Service Commission (NYPSC) voted unanimously to authorize state agencies to procure 800 MW of offshore wind energy by next year.
NYISO
NYISO Business Issues Committee Briefs: July 11, 2018
The NYISO Business Issues Committee voted in favor of changing how the ISO reports on historic transmission congestion.
PJM
PSE&G on the Hook for Bergen-Linden Costs
FERC denied a complaint from the New Jersey BPU to reallocate the Bergen-Linden Corridor project’s costs, leaving PSEG to pay for most of it.
Con Ed Braces for Possible Regulatory Storms
Consolidated Edison’s (Con Ed) Q1 2018 earnings jumped more than 10% on an increased rate base and a weather-related boost in steam revenues.
NYPSC OKs Con Ed EV Charging Program, REV Initiatives
The New York Public Service Commission approved a seven-year tariff for the Consolidated Edison (Con Ed) electric vehicle (EV) quick-charging station program and other REV initiatives.
Joseph Jingoli & Son
NJ-NYC Merchant Line OK’d for ‘Anchor Customers’
FERC last week granted approval for Linden VFT to contract potentially all of its transmission capacity through long-term "anchor customers."
ConEd
Con Edison Q4 Earnings Up 144%
Consolidated Edison fourth-quarter net income increased 144% to $505 million ($1.63/share) from $207 million ($0.68/share) in 2016.
FERC
FERC Briefs: DR Down in RTOs; Con Ed DER Recovery OK’d
Consolidated Edison won FERC approval to recover its payments to distributed energy resources customers.
Joseph Jingoli & Son
NJ Merchant Tx Operators Win Relief on Upgrade Costs
PJM must amend interconnection service agreements to allow two merchant transmission facilities to convert from firm to non-firm service, FERC ruled.
NYPSC Acts on CCAs, Demand Reduction
The New York Public Service Commission (NY PSC) OK'ed rules to implement community choice aggregation and a pilot program to shrink air conditioning loads.

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