earnings
Con Ed reported its second-quarter net income dropped almost one-third from a year ago, mainly reflecting changes in rate plans and regulatory charges.
NRG Energy CEO Mauricio Gutierrez said he is optimistic that courts will find that the zero-emission credits being issued to nuclear generators are harmful.
Data centers and residential customer growth are driving increased electric demand for Dominion Energy in Virginia.
Entergy reported second-quarter profits of $409.9 million ($2.27/share), compared to $567.3 million ($3.11/share) a year ago.
Exelon said they will press PJM to enact changes boosting off-peak prices and are confident nuclear plants in New York and Illinois will survive challenges.
PSEG CEO Ralph Izzo said that the company has received “just about universal support for the continued operation” of its nuclear plants.
American Electric Power (AEP) plans to build a 2,000-MW wind farm and accompanying high-voltage, interstate transmission line.
Eversource reported net earnings of $230.7 million in the second quarter of 2017, compared to $203.6 million a year earlier.
FirstEnergy CEO Chuck Jones said that he thinks the “country is heading for a disaster” because of its over-reliance on natural gas for generating power.
Calpine, PG&E and Southern California Edison released their second-quarter earnings results last week.
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