Backed by state leaders, Charlotte, N.C.-based Duke Energy (NYSE:DUK) on Monday rejected hedge fund Elliott Management’s proposal to break up the company into three regionally focused, publicly traded utilities. Elliott — whose management of funds invested in Duke make it one of the company’s top 10 investors, it claims —...

FERC last week partially accepted PJM’s compliance filing to amend its tariff regarding the station power monthly netting provision. The commission ruled that PJM’s new subsection 1.7.10(d)(iv) of the tariff largely addressed requested clarifications required by a September 2020 order that ruled that generating facilities that are not online and...

A Republican-backed bill making its way through the Indiana legislature seeks to spur wind and solar development by setting statewide zoning standards for projects, overriding county ordinances that have obstructed renewable development. House Bill 1381, now pending in the state Senate, would eliminate the application of Indiana’s "home rule" policy in...