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September 13, 2024

Company News

CAISO News Briefs from FERC Open Meeting
A summary of FERC orders related to CAISO issued at the commission's open meeting on June 16, 2016.
Kormos, Former PJM Exec, Signs on with Exelon
Former PJM executive Mike Kormos has begun a job as Exelon’s (NYSE: EXC) president of wholesale markets and energy policy.
MISO Names 3rd External Affairs Director in 5 Years
MISO has named Kari Bennett as its new executive director of external affairs — the third person to take on the position in less than five years.
FERC: Stop Paying Retired Units for Reactive Power
FERC ordered MISO  to revise its Tariff to ensure it is not overpaying for reactive power or show cause why it should not have to do so.
Organization of MISO States Briefs
The Organization of MISO States is reviewing and revising its rules for approving position statements submitted to MISO and FERC.
ERCOT Board OKs Rio Grande Valley Fixes
ERCOT’s Board of Directors unanimously approved two transmission projects intended to ease congestion and reliability concerns in South Texas.
NY Senate Energy Head: Begin Nuclear Subsidy Immediately
A key New York legislator called for the immediate implementation of nuclear subsidies, a day after Exelon threatened to close Nine Mile Point Unit 1.
Dynegy Buying out Energy Capital’s Stake in ENGIE Deal
Dynegy (NYSE:DYN) will buy out Energy Capital Partners’ stake in their joint venture to buy 17 fossil fuel plants owned by French utility ENGIE (EPA:ENGI).
Exelon Threatens to Close Nine Mile Point 1
Exelon (NYSE:EXC) said it will close its Nine Mile Point 1 nuclear plant next spring if New York has not guaranteed it a financial lifeline by September.
SPP Z2 Project Faces Further Hurdles, Possible Delay
SPP’s Z2 crediting project may now stretch into 2017 after the Board of Directors sided with stakeholders and delayed a vote on waiver requests.

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