Company News
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.
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 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.
FERC authorized NextEra Energy Transmission Midwest to recover all “prudently incurred” costs related to the Hartburg-Sabine Junction 500-kV project.
The Texas Public Utility Commission approved a list of issues to be discussed during a summer workshop on real-time co-optimization.
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.
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 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.
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.
FERC again denied Vermont Transco permission to embed transmission acquisition costs in its rate recovery through the ISO-NE Tariff.
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