Company News
DTE Energy said the addition of two new Southwestern Energy drilling rigs in the Utica Shale could boost profits in the future.
Edison International, and its SoCalEd subsidiary, are maneuvering to capitalize on California’s effort to meet its greenhouse gas emissions goals.
This week's company briefs include news on Mississippi Power, Consumers Energy, Ameren, KCP&L, FirstEnergy, MidAmerican and other companies.
PG&E's 2nd quarter profits fell sharply due to a series of one-time costs; but hopes to grow by providing transmission for clean energy resources.
American Electric Power CEO Nick Akins said last week that AEP is seeking only a partial “restructuring” of Ohio’s energy market.
FirstEnergy posted a $1.1 billion second-quarter loss, much of it related to the pending closure of five coal-fired units.
NextEra has agreed to buy Energy Future Holdings’ Oncor assets in a deal that values the Texas transmission and delivery subsidiary at $18.4 billion.
Exelon is buying the Consolidated Edison (Con Ed) retail energy business as it continues its efforts to hedge against falling wholesale power prices.
FirstEnergy will retire four units at its Sammis coal-powered power plant and sell or deactivate its Bay Shore plant by 2020.
Wind energy is quickly becoming a dominant force in ERCOT’s resource mix, and the grid operator is making changes to address it.
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