earnings
NRG Energy posted sharp losses in the first quarter on lower hedge margins and declining capacity revenues in the eastern U.S.
Pacific Gas and Electric isn’t having second thoughts about its strategy of capitalizing on California’s greenhouse gas reduction goals.
Companies in the RTO Insider Top 30 reported revenues of more than $75 billion in the fourth quarter of 2016, a 7% increase over a year earlier.
CenterPoint Energy fell short of analysts’ expectations, reporting fourth-quarter net income of $101 million.
OGE reported net income of $57.9 million in the fourth quarter of 2016, compared to $29.4 million the year prior.
Eversource Energy reported 2016 earnings of $942.3 million, up 7% over 2015 earnings of $878.5 million.
The CEO of FirstEnergy said the company plans to seek subsidies - zero-emission credits (ZECs) - for its Ohio nuclear plants to make them attractive to buyers.
Entergy reported its 4th quarter earnings were $55.5 million ($0.31/share), but pleased analysts with the wind-down of its merchant nuclear power business
PG&E earned $692 million during the fourth quarter of 2016, compared with $134 million during the same period a year earlier.
PPL earnings from ongoing operations rose 11% to $1.67 billion last year, boosted by a 39% jump in the fourth quarter.
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