Company News
CPV plans to begin major construction next month on its 661-MW combined-cycle plant in Maryland despite an unfavorable ruling last week from the FERC.
FirstEnergy is asking consumers to prop up nuclear and coal generating plants the company says are at risk of closing due to low energy and capacity prices.
News briefs on companies in the PJM Interconnection this week, including Exelon, Entergy, ComEd, PSEG and DTE.
Exelon and Pepco told FERC last week that competitive and environmental concerns raised over their proposed merger are unfounded.
The NCEMPA is selling its stake in four Duke Energy Progress power plants to Duke in a deal valued at $1.2 billion, the organizations announced last week.
PPL and Riverstone Holdings have offered to divest about 1,300 MW of generation from their 15,000-MW combined fleet to avoid market power concerns over their planned spinoff, Talen Energy.
News briefs on companies in the PJM Interconnection this week, including Duke, Exelon, NRG and Dominion.
News briefs on companies in PJM Interconnection, this week including PPL, Atlantic City Electric Co. and Hess Corp.
It’s too early to say whether PPL shareholders be better off now that the company has decided to spin off its generation unit. But there’s no doubt the deal with Riverstone Holdings will shuffle the generator rankings.
Exelon sold its 67% interest in Safe Harbor Hydroelectric Project, one of four run-of-the-river hydro facilities on the lower Susquehanna River, to Brookfield Renewable Energy Partners, L.P. for $613 million
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