News briefs on companies and firms doing business with RTOs.
The creation of Evergy has increased market concentration in the new company’s reserve zone, SPP’s Marketing Monitoring Unit said. | Great Plains Energy
FERC reduced the return on equity adders previously granted to ITC Holdings subsidiaries for being independent, standalone transmission providers. | ITC
Sempra Energy’s transmission footprint in Texas is set to expand, as its Oncor utility subsidiary is acquiring transmission owner InfraREIT. | Sempra
FERC established hearing and settlement procedures for a Louisiana Public Service Commission complaint against two Entergy subsidiaries. | Entergy
FERC approved portions of a Louisiana Public Service Commission complaint against Entergy subsidiaries System Energy Resources Inc. and Entergy Services. | Entergy
Public Service Company of New Mexico (PNM) has applied to join the Energy Imbalance Market by 2021, the EIM Governing Body learned. | PNM
Chris Hendrix, Walmart’s director of markets and compliance, talked to RTO Insider about his company recently joining SPP. | © RTO Insider
OGE Energy said that a strong regional economy and positive regulatory developments led to an improved second quarter for the company. | OGE Energy
California’s three investor-owned utilities want lawmakers to limit their liability for forest fires sparked by power lines, but their met with stiff opposition. | © RTO Insider
Nonutility buyers have contracted for more than 3.5 GW of renewable energy in 2018, the Rocky Mountain Institute’s Business Renewables Center reported. | RMI
Footprint Power asked FERC to dismiss allegations that it misled ISO-NE with supply offers for Salem Harbor it could not meet because of insufficient fuel. | Tetra Tech
Consolidated Edison earned $188 million ($0.60/share) in the second quarter, a 7% increase from $175 million ($0.57/share) in the same period last year. | Joren via Unsplash
NRG Energy reported net income of $24 million ($0.23/share) in the second quarter, compared with a $16 million loss (-$1.98/share) a year earlier. | NRG
NiSource reported second-quarter earnings of $23.2 million, compared to a net loss of $44.4 million for the same period a year ago. | NIPSCO
CenterPoint Energy reported a second-quarter loss of $75 million ($0.17/share), compared to a profit of $135 million ($0.31/share) a year earlier.
Dominion Energy’s operating earnings jumped by one-third in the second quarter, boosted by power sales to new data centers.
Public Service Enterprise Group added two new combined cycle plants to its generating fleet as earnings rose in the second quarter.
Eversource Energy is increasing its capital spending over the next three years by $600 million, bringing the total to $7.1 billion through 2021. | Eversource
Entergy announced the sale of its Pilgrim and Palisades nuclear facilities for their accelerated decommissioning. | Entergy
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