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September 9, 2024

Company News

FERC Reduces MBRA Data Requirements
FERC reduced paperwork for electricity sellers with market-based rate authority, while Commissioner Richard Glick dissented on connected entities.
Ohio Approves Nuke Subsidy
Ohio legislators approved a bill to subsidize FirstEnergy Solutions’ nuclear plants on Lake Erie, providing a lifeline to the industry in PJM.
FERC Upholds Fuel Cost Penalties Against CPV Plant
FERC upheld penalties PJM imposed against CPV's Woodbridge Energy Center for violating its fuel cost policy in January 2018.
FERC Rebuffs ITC Call to Restore Full ROE Adders
FERC affirmed a previous ruling that found three ITC Holdings subsidiaries were no longer fully independent, disqualifying them from a transco adder.
Solar Developer Takes on We Energies
An Iowa solar developer is prepping for a second state supreme court battle over his ability to supply electricity in a state without retail choice.
Shell Demands Seat at GreenHat Settlement Table
Shell wants a seat at the GreenHat settlement table, saying it could bear a disproportionate financial burden based on its outcome.
UPDATE: Calif. Lawmakers Rush to Pass Utility Wildfire Aid
The wildfire package that California Gov. Gavin Newsom asked lawmakers to push through cleared two key committees and sailed through the Senate.
PG&E’s Bondholders Push $30 Billion Investment Plan
A lawyer who filed a $30 billion plan by bondholders to bump PG&E (NYSE:PCG) out of bankruptcy urged the utility and the bankruptcy court to keep moving.
State Climate Policy Trumps Federal, Public Utilities Say
The EPA's relaxed emission rules for coal-fired generation is almost irrelevant to some of the country's largest public power companies.
Orsted Wins Record Offshore Wind Bid in NJ
Orsted’s 1,100-MW Ocean Wind project won the New Jersey Board of Public Utilities’ first offshore wind power solicitation.

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