Blocked by regulators from moving its ailing coal-fired Pleasants plant into the rate base of a subsidiary, FirstEnergy announced it will shut the plant down.

The Texas PUC postponed until March a decision on whether to remove reliability unit commitments from ERCOT’s operating reserve demand curve.

FERC authorized an ITC Holdings subsidiary to purchase transmission assets from the city of Holland, Mich.

Consolidated Edison fourth-quarter net income increased 144% to $505 million ($1.63/share) from $207 million ($0.68/share) in 2016.

The PUCT canceled a hearing on the merits of the proposed acquisition of Oncor by Sempra Energy and directed staff to prepare a proposed order in the proceeding.

Exelon executives expressed confidence during a fourth-quarter earnings call that other states will adopt zero-emission credit (ZEC) programs this year.

The staff of the Texas PUC recommended that it require Vistra Energy and Dynegy to divest at least 1,281 MW of generation to secure approval of their merger.

Xcel Energy reported fourth-quarter earnings of $189 million ($0.37/share), down 16.7% from the same period last year.

Pacific Gas and Electric CEO Geisha Williams said that the utility will fight for the right to recover costs stemming from California wildfires.

The Edison Electric Institute celebrated the passage of the Tax Cuts and Jobs Act at its annual briefing to Wall Street analysts.