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September 14, 2024

Company News

Pact Reached on Northern Pass Utility Designation
The settlement between Northern Pass Transmission and the New Hampshire PUC is contingent on the transmission line receiving all state and federal permits.
Ott Restructures PJM Divisions, Leadership
PJM CEO Andy Ott  announced organizational changes that will give additional responsibilities to senior vice presidents Stu Bresler and Vince Duane.
Company Briefs: June 13, 2016
This week's company briefs include news on Apple, WPPI Energy, DCNS, Shell Chemical, Exelon, Dairyland Power, DTE Energy and others.
Berkshire Market-Based Sales Restricted in 4 Western BAAs
FERC  revoked authorization for Berkshire Hathaway Energy subsidiaries to sell wholesale power at market-based rates in four  balancing authority areas.
Company Briefs
This week's company briefs include news on Dynegy, NextEra, DTE Energy, Alliant, Broadwind, PG&E, and others.
Independent Market Monitors Wouldn’t Have It Any Other Way
Joe Bowring and David Patton often disagree, but they are 100% in agreement on the need for independence in market monitoring.
State Regulators: FERC Probe into Bowring Allegations Fell Short
Bowring’s allegations at a FERC technical conference in 2007 that PJM attempted to muzzle his internal market monitoring unit shook the RTO to its roots.
Riverstone to Acquire Talen in $1.8B Deal
Talen Energy announced that it had agreed to be acquired by Riverstone Holdings, which is offering $14/share in cash for the company’s outstanding shares.
Court Dismisses Complaint vs. Northern Pass
A New Hampshire court dismissed a complaint seeking to block development of land needed to bury a section of the Northern Pass transmission line.
Exelon to Close Quad Cities, Clinton Nuclear Plants
Exelon (NYSE:EXC) said it will close its Clinton and Quad Cities nuclear plants after the Illinois legislature failed to provide them financial relief.

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