Eversource Energy's proposed Northern Pass transmission project won’t be operational until the first half of 2019. The company had previously said the line would be delivering Canadian hydropower to New England by 2018.
Exelon said first-quarter profit exceeded expectations, in part due to strong performances by PECO, Baltimore Gas and Electric and Constellation Energy.
NiSource and Entergy announced their first-quarter earnings results this week.
Andy Ott, PJM’s executive vice president of markets, will replace Terry Boston as president and CEO later this year, PJM announced Wednesday.
Michigan regulators on Thursday approved Wisconsin Energy Corp.’s $9.1 billion acquisition of Illinois-based Integrys Energy — with the condition that the merged companies continue to operate the Presque Isle Power Plant in Michigan’s Upper Peninsula.
This week's company briefs include news on Exelon, Dominion, Alliant, Alevo, and TVA. Plus the latest from IHS Cera Week and RGGI.
Calpine won PJM stakeholder approval for an initiative that could give generators more flexibility in pricing following an unusually lengthy debate before the Markets and Reliability Committee Thursday.
A proposal to impose a temporary $0.07/MWh uplift charge on all netted virtual transactions received a cool response from PJM members Thursday — including a rebuff from the attorney for the Financial Marketers Coalition.
MISO told Illinois officials that the nine-fold price increase the state experienced in this month’s capacity auction was the result of market dynamics.
New England governors last week backed away from their 2013 commitment to share the costs of new gas pipelines and electric transmission, announcing a revised regional energy strategy that gives individual states more flexibility.