Company News
FERC approved two requests by FirstEnergy Corp. subsidiary FirstEnergy Solutions (FES) to sell power to Potomac Edison and West Penn Power.
FERC refused to reconsider how Entergy should calculate ratepayer refunds resulting from Entergy Arkansas’ off-system sales.
PJM members are questioning a request by the Ohio Valley Electric Corp. to join as a new transmission zone, but the issue is not up for debate, the RTO said.
Gerry Cauley, CEO of the North American Electric Reliability Corp. (NERC) was arrested Friday for domestic violence at his home outside Atlanta.
Exelon will relinquish four Texas natural gas plants and pay $60 million to keep a fifth plant as part of its ExGen Texas Power subsidiary's bankruptcy.
CenterPoint Energy executives said the company is in “late-stage discussions” over its Enable Midstream Partners gas-gathering and processing joint venture.
Pacific Gas and Electric (PG&E) earnings jumped 42% to $550 million during the third quarter ($1.07/share), boosted in large part by reduced expenses.
Pinnacle West Capital, parent of APS, earned $276 million ($2.46/share) in the third quarter, compared with $263 million during the same period in 2016.
The CEOs of Exelon, PSEG and Dominion praised proposed price supports for nuclear and coal generators during their third-quarter earnings calls.
Alliant Energy announced a quarterly profit of $174.3 million ($0.75/share), down from $179.7 million ($0.80/share) a year earlier.
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