American Electric Power (AEP)
PJM generators — such as Exelon, Dynegy, NRG and PSEG — will earn $10.9 billion from this year’s capacity auction in the first test of the RTO’s new Capacity Performance requirements.
AEP celebrated increased second-quarter profits last week, but the company said it still needs the PUCO to approve the so-called “guaranteed rate” plan to support its generating plants.
SPP members approved four over-budget transmission projects and sent three others back to the drawing board amid widespread criticism of the process used to estimate project costs.
Talen Energy announced its first post-spinoff acquisition that expands the company’s presence in ISO-NE and marks its entry into NYISO.
PJM on Thursday delayed a vote on manual changes for the Capacity Performance plan, sidestepping a potential confrontation with anxious stakeholders.
Record cold weather and falling natural gas prices helped push AEP’s first quarter earnings up 12%.
More than a decade after the MISO-PJM seam was formed, no cross-border projects have been approved and built, NIPSCO said.
This week's company briefs include AEP, Xcel, Dominion, Direct Energy, PECO, Exelon, NRG and General Electric.
AEP and FirstEnergy's plans to shut down coal-fired generation under the EPA’s MATS won't change even if the Supreme Court throws out the standards.
FERC approved the purchase of 12,500 MW of generation from Duke Energy and Energy Capital Partners by Dynegy, the final approval needed for both deals.
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