Company News
The Virginia SCC approved a smaller rate request than Dominion Energy asked for, but it also approved its plan to set up a new rate class for large customers and new natural gas units to meet rising demand.
Citing developments within WPP’s Western Resource Adequacy Program, the Oregon Public Utilities Commission waived penalties for independent power suppliers participating in the state’s alternative RA program.
FERC dismissed Ameren’s bid to gain exclusive rights to build nearly $2 billion of MISO regional transmission projects in the state free of competitors.
FERC largely approved compliance filings by three California investor-owned utilities related to interconnection queue requirements.
The California PUC approved a request to cancel Pacific Gas and Electric’s contract with California State University, Monterey Bay to convert hundreds of the university’s residential units from gas and electric service to all-electric service.
The Public Utilities Commission of Ohio approved $250 million in fines for FirstEnergy, which comes after a federal investigation in 2020 found the utility had bribed lawmakers to secure a bailout for its nuclear plants.
FERC approved LS Power’s deal to sell 12.9 GW of its gas generation in PJM, NYISO and ISO-NE, as well as its 6-GW demand response business, CPower, to NRG Energy for $12 billion.
PacifiCorp is hiring additional employees to prepare for CAISO’s Extended Day-Ahead Market next year, with staff expecting the launch will bring a few “scratches and bruises.”
DOE awarded Constellation a $1 billion loan for its Crane Clean Energy Center project, which will cut financing costs for the nuclear unit restart.
The Bonneville Power Administration has resumed hiring after workforce reductions and a federal hiring freeze earlier in 2025.
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