Company News
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.
Public Service Company of Colorado and the Polis administration want to keep Unit 2 of the coal-fired Comanche Generating Station running a year longer than planned.
Duke Energy expects its new five-year capital plan for 2026 to 2030 to be between $95 billion and $105 billion, up from the $87 billion that was planned for 2025 to 2029.
After multiple denials, the Northeast Supply Enhancement pipeline obtained environmental permits from New York and New Jersey in an apparent victory for the Trump administration.
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