October 6, 2024

Consolidated Edison (Con Ed)

Con Edison Q3 Earnings Fall 8%
Consolidated Edison’s Q3 earnings fell 8% to $457 million ($1.48/share), a drop the company attributed to changes in its rate plan and regulatory charges.
NYISO
Paving the Way for New Electric Resources: A New York Success Story
Joel Yu of Con Edison details the company's proposed reforms to NYISO's generator interconnection queue that he says will streamline new energy resources.
Project Execution the Focus for Meeting NY Renewable Goals
It’s time to focus on building individual renewable energy projects in NY, speakers said at the Alliance for Clean Energy New York’s 11th Fall Conference.
PJM
Rejecting PJM ‘Wheel’-related Requests, FERC Sets Inquiry
FERC rejected a request by PJM to allow Linden VFT to convert the 330 MW of firm transmission on its lines between PJM and NYISO to non-firm.
FERC Approves NY Black Start Rule Change
FERC approved NYISO’s more stringent testing requirements for generators providing black start and system restoration services.
PJM
Post-‘Wheel’ Changes Spark PJM Member Concerns
PJM stakeholders are finding that the elimination of the Con Ed-PSEG "wheel" is not freeing up transmission capacity as expected.
New York Sees Storage in Retail and Wholesale Markets
Energy storage developers and utilities in New York are working with NYISO to establish dual participation of storage in retail and wholesale markets.
Con Ed Earnings Down; PSC Rules on Subway Outage, Solar Pilot
Con Ed reported its second-quarter net income dropped almost one-third from a year ago, mainly reflecting changes in rate plans and regulatory charges.
NYPSC Pushes Ahead with ESCO Investigation
The NYPSC rejected requests to halt its ongoing investigation into the pricing practices of energy service companies (ESCOs).
NYPSC Extends Con Ed Demand Program
The New York PSC approved an indefinite extension for Consolidated Edison’s demand management program in Brooklyn and Queens.

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