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Public Citizen last week called for a House and Senate investigation into the Commercial Energy Working Group, an industry association the watchdog says appears to be violating federal lobbying rules by not disclosing its membership. The energy group operates out of the offices of D.C. law firm Sutherland, Asbill &...
Ramp Rate Approach Would Excuse Nonperformance Penalties WILMINGTON, Del. — PJM presented a first read of a proposed performance assessment hour ramp rate, which would inform when a generator is vulnerable to nonperformance penalties under the new Capacity Performance model. The approach is a short-term solution that PJM hopes to...
NIPSCO Settles for Lower Dollar Amount in Fixed Rate Hike Agreement Northern Indiana Public Service Co. and the Office of Utility Consumer Counselor reached a settlement on a 5.4% rate increase, less than half the 11% boost that the utility sought in its initial filing. The settlement would set the monthly...
Schuette Michigan Attorney General Bill Schuette is asking the U.S. Supreme Court to enforce its ruling last year and order EPA to put its Mercury and Air Toxics Standards on hold. Schuette asked the court to issue a stay on the four-year-old mercury rule, which he said it invalidated in...
By Ted Caddell Dynegy and private equity firm Energy Capital Partners announced Thursday they are buying the U.S. fossil fuel generation portfolio of French utility ENGIE, a total of 8,731 MW in PJM, ISO-NE and — in a first for Dynegy — ERCOT. The deal is valued at $3.3 billion.
By William Opalka Avangrid, the result of the U.S. arm of Spanish conglomerate Iberdrola acquiring UIL Holdings, released its first-ever earnings results Monday, showing net income of $267 million for 2015. The company, which was created on Dec. 17 when regulators approved the $3 billion acquisition, said that with only...
Md. Enters Fray over Dominion’s Coal Ash Water Release Plan Maryland Gov. Larry Hogan’s administration said it intends to appeal a permit approved by Virginia regulators that would allow Dominion Virginia Power to release 215 million gallons of treated coal ash water into Quantico Creek, which empties into the Potomac River.
The Mixed Oxide Fuel Fabrication Facility to turn weapons-grade plutonium into commercial reactor fuel is on the chopping block as the Obama administration has proposed switching to an alternative disposal method. South Carolina officials say they will sue the federal government for missing deadlines and to force it to pay...