Public Service Enterprise Group (PSEG)
PSEG CEO Ralph Izzo said that the company has received “just about universal support for the continued operation” of its nuclear plants.
MACRUC attendees heard strikingly different prescriptions for how to fix the wholesale energy markets from the CEOs of New Jersey utility PSEG and Dynegy.
In response to a request for comments on paths to reconciling policies and wholesale markets, PJM officials told FERC they are pursuing three initiatives.
PJM officials reaffirmed their selection of LS Power for the stability fix at Artificial Island, rejecting a rival plan from PSE&G.
PSEG has received approval to operate as a third-party supplier of retail electric energy in New Jersey and eastern Pennsylvania.
The NYISO Management Committee approved an agreement with PJM to end the 1,000-MW Con Ed-PSEG wheel next year while maintaining an operational base flow of 400 MW.
Several companies doing business in the PJM footprint, including PPL, PSEG and Exelon, reported their third-quarter earnings results last week.
FERC rejected requests for rehearing of its order accepting the results of the ISO-NE 10th Forward Capacity Auction.
The second quarter wasn’t a great one for most companies in the RTO Insider Top 30, as revenues declined 2% compared with 2015 while profits dropped 15%.
PJM planners have begun studying a redesign of the Transmission Expansion Advisory Committee process. And the Planning Committee prepared for the 2016 reserve requirement study.
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