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September 10, 2024

Company News

New Mexico Moves Toward Clean Energy, EIM Participation
New Mexico’s largest utility is still hoping to join the Western EIM, with the move taking on added significance requiring 100% carbon-free electricity.
Courts Misread Hughes on Nuke Subsidies, Supreme Court Told
Merchant generators’ Hail Mary pass for a U.S. Supreme Court review of Illinois and New York nuclear subsidies has won support from PJM’s Independent Market Monitor and others.
FERC Blocks GridLiance Oklahoma Tx Acquisition
FERC rejected GridLiance High Plains’ plans to acquire transmission from People’s Electric Cooperative, finding the company failed to prove the transaction would not have an adverse impact on rates.
NextEra Gains Incentive for Hartburg-Sabine Project
FERC authorized NextEra Energy Transmission Midwest to recover all “prudently incurred” costs related to the Hartburg-Sabine Junction 500-kV project.
Texas PUC Briefs: Week of Feb. 25, 2019
The Texas Public Utility Commission approved a list of issues to be discussed during a summer workshop on real-time co-optimization.
FERC Drops Salem Harbor ‘False Offer’ Case
FERC ended its enforcement action against the Salem Harbor Power Station, dropping allegations that plant operators made ISO-NE supply offers they could not meet.
Industrials Challenge Entergy Louisiana Fleet Additions
Entergy’s proposal to spend $10-12 billion to address a 7,000-MW capacity deficit Entergy Louisiana forecasts through 2038 is being challenged.
Entergy Beats Expectations with $66M Loss
Entergy reported a fourth-quarter loss of $66 million, beating expectations by 12 cents. OGE Energy reported quarterly and year-end earnings of 27 cents/share and $1.48/share, respectively.
State Regulators to Re-examine PNM’s EIM Membership
New Mexico’s PUC vacated an order that had paved the way for the PSC of New Mexico to join CAISO’s Western Energy Imbalance Market by the spring of 2021.
Vermont Transco Denied Transfer Fee Cost Recovery Again
FERC again denied Vermont Transco permission to embed transmission acquisition costs in its rate recovery through the ISO-NE Tariff.

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