New York regulators agreed to allow the New York Transco consortium of utilities to borrow $400 million to upgrade transmission lines across the state.

PJM survived last week’s arctic blast with slightly elevated outages and two periods of shortage pricing, officials said.

Top utility executives urged PJM’s Board of Managers to act on price formation at its Feb. 12 meeting after stakeholders deadlocked on the issue last week.

The Energy Bar Association’s Mid-Year Energy Forum featured a debate over FERC Order 1000 and a discussion of return on equity incentive adders.

Public Service Enterprise Group added two new combined cycle plants to its generating fleet as earnings rose in the second quarter.

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.

New Jersey Gov. Phil Murphy signed legislation to subsidize the state’s nuclear generating fleet and boost renewable generation including solar, storage and offshore wind.

Votes on the House floor kept a House Energy Subcommittee hearing on transmission planning to about 90 minutes.

A recently passed New Jersey law could lead to the state subsidizing nuclear plants outside its borders, Public Service Enterprise Group (PSEG) CEO Ralph Izzo said during his company’s first-quarter (Q1 2018) earnings call Monday.

Stakeholders plowed through several hours of material at a special PJM Planning Committee session on whether the RTO should include cost containment provisions in its analysis of competitive bids for new transmission.