A study by the APPA estimates that PJM's Capacity Performance rules will increase costs to consumers by $7.3 billion over the 2016-2019 delivery years.
Massachusetts regulators ruled that electric distribution companies can sign contracts for natural gas capacity and pass the costs on to electric ratepayers.
D.C. Mayor Muriel Bowser and Exelon CEO Chris Crane announced Tuesday that Exelon would quintuple its concessions to $78 million in a bid to win the Public Service Commission's OK for the company’s $6.8 billion acquisition of Pepco Holdings Inc.
MISO said it may increase its energy market offer cap to $1,500/MWh this winter in response to expected FERC action.
EPA tightened its ground-level ozone limits to 70 parts per billion (ppb), a less strenuous standard than some electric generators had feared and public health advocates had sought.
FERC sided with a Long Island power plant developer in its dispute with NYISO over interconnection standards the ISO sought to apply to the company’s proposed facility.
This week's company briefs include news on ... Chesapeake Energy, AEP, FirstEnergy, Calpine, PSE&G, Trillium CNG, Xcel Energy and Entergy.
Chicago-based Exelon would open a headquarters in the district and offer more customer credits under a tentative agreement D.C. Mayor Muriel Bowser’s office has reportedly struck to support the company’s purchase of D.C.-based Pepco Holdings Inc.
Massachusetts Gov. Charlie Baker said that long-term contracts for hydropower are the best way for the state to reduce rising energy costs and reduce greenhouse gases.
FERC has begun a non-public investigation over allegations of improprieties in MISO's April capacity auction and will hold a technical conference on the matter Oct. 20.