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November 5, 2024

Company News

Minesweeper, CC BY-SA 3.0, via Wikimedia Commons
FERC Approves PG&E’s Proposal to Spin off Generation
FERC approves Pacific Gas and Electric’s transaction to spin off its non-nuclear generation — more than 5,000 MW — to new subsidiary Pacific Generation.
Oklahoma Municipal Power Authority
Texas PUC Rejects SWEPCO Application for Renewables at Pirkey
Texas regulators rejected SWEPCO's application to build renewable generation resources at the site of a coal plant that ceased operations in March.
© RTO Insider LLC
Former FERC Chair Richard Glick Sets Up Consulting Shop
The former FERC head said he'll be launching GQ New Energy Strategies with Pamela Quinlan, his chief of staff on the commission.
© RTO Insider LLC
GE to Assemble Key Onshore Wind Components in NY
General Electric will invest $50 million to create an onshore wind turbine assembly line in New York and hire about 200 new full-time employees.
Primergy
NV Energy Rejected on Plan to Replace Coal Plant with Storage
NV Energy will keep looking for resources to replace its North Valmy Generating Station after Nevada regulators shot down its plan for a $466 million battery system.
Vestas
Big Offshore Wind Plans Face Multiple Major Obstacles
Three recent reports note that while the U.S. offshore wind sector is growing rapidly, the ever-larger turbines being installed present technical and reliability challenges.
NextEra Energy Resources
FERC Accepts SPP’s Unexecuted FSA with Ponderosa
FERC accepted an unexecuted facilities service agreement between SPP, Southwestern Public Service and Ponderosa Wind, finding it to be just and reasonable.
Fluor
LS Power to Acquire Brazos Gas Generation
LS Power said it reached an agreement with Brazos Electric Power Cooperative to acquire 2.15 GW of its gas-fired generation in the ERCOT market.
Shutterstock
Vanguard Wins Investment Extension in Split Decision at FERC
Vanguard’s request for an extension of its authorization to procure utility securities went into effect as FERC’s commissioners apparently split 2-2.
Plug Power
Fuel Cell, Electrolyzer Maker Plug Power Reports Q1 Loss
Plug Power posted a first-quarter loss of $206.6 million but still has cash on hand for ambitious expansion of hydrogen-related projects.

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