Company News
FERC authorized NextEra Energy Transmission Midwest to recover all “prudently incurred” costs related to the Hartburg-Sabine Junction 500-kV project.
The Texas Public Utility Commission approved a list of issues to be discussed during a summer workshop on real-time co-optimization.
FERC ended its enforcement action against the Salem Harbor Power Station, dropping allegations that plant operators made ISO-NE supply offers they could not meet.
Entergy’s proposal to spend $10-12 billion to address a 7,000-MW capacity deficit Entergy Louisiana forecasts through 2038 is being challenged.
Entergy reported a fourth-quarter loss of $66 million, beating expectations by 12 cents. OGE Energy reported quarterly and year-end earnings of 27 cents/share and $1.48/share, respectively.
New Mexico’s PUC vacated an order that had paved the way for the PSC of New Mexico to join CAISO’s Western Energy Imbalance Market by the spring of 2021.
FERC again denied Vermont Transco permission to embed transmission acquisition costs in its rate recovery through the ISO-NE Tariff.
The federal judge overseeing Pacific Gas and Electric’s bankruptcy case suggested he might prohibit the utility’s electricity suppliers from seeking FERC’s help with disputed contracts.
Pacific Gas and Electric proposed spending up to $2.3 billion on grid hardening, increased line inspections, and vegetation management to prevent wildfires.
American Electric Power will buy Sempra Energy’s renewable business in a $1.1 billion deal that will triple AEP’s renewable portfolio.
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