earnings
FirstEnergy posted a $1.1 billion second-quarter loss, much of it related to the pending closure of five coal-fired units.
Exelon said it will close Clinton next summer and Quad Cities the following year if Illinois legislators fail to pass a bill to shore up the nuclear plants.
Despite mild temperatures that dampened its fourth-quarter performance, Eversource posted 2015 results that easily bested its previous year’s earnings.
Dominion Resources blamed December’s “extremely mild weather” for a 15% drop in its fourth-quarter earnings.
Exelon's primary goal for 2016 is completing the acquisition of Pepco, but the company has contingency plans (an Exelon-PHI merger).
Talen Energy released its first earnings report as an independent company last week, reporting net income $26 million for the second quarter of 2015.
Con Ed, Dominion, Duke and Entergy released their second-quarter earnings last week.
Iberdrola reported increased revenue in its U.S. and other overseas operations that offset declines in Spain.
AEP celebrated increased second-quarter profits last week, but the company said it still needs the PUCO to approve the so-called “guaranteed rate” plan to support its generating plants.
Ameren, Wisconsin Energy and Xcel Energy announced their first-quarter earnings results.
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