NextEra Energy
The need for gas peakers and electric transmission and the increasing popularity of hybrid storage projects were recurrent topics at the ACORE Policy Forum.
A district court dismissed a lawsuit seeking to overturn a Texas law giving incumbent utilities the right of first refusal over transmission projects.
NextEra Energy CEO Jim Robo told analysts that battery-backed “near firm” wind and solar power will be increasingly competitive by 2025.
The NEPOOL Reliability Committee voted to recommend or approve several transmission projects, generation facilities and ISO-NE governing document revisions.
FERC was skeptical of a proposal by Trans Bay Cable for an increase in its transmission revenues and a $10 million annual reserve in case of wildfires.
PJM’s concerns over FTR underfunding on projects with incremental auction revenue rights won’t be addressed through any Operating Agreement revisions.
NextEra Energy touted “one of the best renewable development periods” in its history and reported third-quarter earnings that beat analysts’ expectations.
The U.S. Department of Justice says a Texas law giving incumbent utilities the right of first refusal over transmission projects violates the Constitution.
MISO acknowledged the future of a NextEra transmission project is uncertain after the passage of a Texas law giving incumbent utilities a ROFR in the state.
NextEra Energy filed a federal lawsuit challenging a recent Texas law giving incumbent utilities a ROFR to build transmission projects in the state.
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