The second quarter wasn’t a great one for most companies in the RTO Insider Top 30, as revenues declined 2% compared with 2015 while profits dropped 15%.

Pacific Gas and Electric (NYSE:PCG) filed with California regulators last week to shut down Diablo Canyon, the state’s last remaining nuclear power plant.

With its electricity demand projected to grow 3%-4% annually and off-peak prices as high as $65/MWh, the Mexico energy market presents an appealing target to generation developers.

This week's company briefs include news on EFH, Kemper, Black Hills Energy, Chesapeake, Duke Energy, SolarCity, Exelon and others.

PJM will hold a meeting Monday to seek stakeholder input on options for replacing the Con Ed-PSEG “wheel.” NYISO meeting in September.

NRG Energy continued to retrench after a dismal 2015, announcing last week that it will sell its stake in a California solar project and restructure its GenOn unit.

CenterPoint Energy said it is no longer considering transforming itself into a REIT, plans to divest the company’s stake in Enable Midstream Partners.

Xcel Energy CEO Ben Fowke said that executives are sharpening their pencils after the company failed to meet analysts’ second-quarter expectations.

MISO said it would review a plan that could end the system support resource agreement for White Pine Unit 1 in Michigan’s Upper Peninsula.

FERC certified a settlement between Entergy Services and the Louisiana PSC in the corporation’s ninth annual bandwidth filing under its system agreement.