Company News
NorthWestern Energy said that it will join the Western Energy Imbalance Market in spring 2021, making it the 14th utility to announce plans to sign on.
PG&E described its wildfire prevention efforts in a third-quarter earnings call, in which it also reported net income of $564 million ($1.09/share).
Edison International’s president said that equipment owned by its Southern California Edison subsidiary was at least one cause of the Thomas Fire.
Entergy reported third-quarter earnings of $536 million ($2.92/share), as compared to $398 million ($2.21/share) a year ago.
Avangrid earnings jumped more than 25% year-over-year in the 3rd quarter, mainly driven by increased gross margins for renewables and new transmission rate plans.
By Tom Kleckner
American Electric Power said last week it will focus on smaller projects after Texas regulators put the kibosh on the company’s proposed $4....
SERC Reliability Corp. on Monday announced Jason Blake, vice president and general counsel of ReliabilityFirst, as its new CEO, effective Nov. 15.
The creation of Evergy has increased market concentration in the new company’s reserve zone, SPP’s Marketing Monitoring Unit said.
FERC reduced the return on equity adders previously granted to ITC Holdings subsidiaries for being independent, standalone transmission providers.
Sempra Energy’s transmission footprint in Texas is set to expand, as its Oncor utility subsidiary is acquiring transmission owner InfraREIT.
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