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September 15, 2024

Company News

FirstEnergy Q4 Earnings down
FirstEnergy reported fourth-quarter operating earnings of $0.58/share, compared with $0.80/share for the same period in 2014.
Entergy Reports 2015 Loss off of Nuke Closures
Fourth-quarter profits of $99.6 million weren’t enough to offset Energy’s losses for the year, the company reported.
Warm Winter Drives Down Ameren Quarterly Earnings
Ameren reported fourth-quarter earnings of $29 million, down from $48 million in the same period of 2014.
PSEG’s Q4 Earnings Wilt amid Mild Weather
PSEG reported that fourth-quarter earnings dropped to $309 million as the company dealt with unseasonably mild weather.
FERC OKs FirstEnergy’s Tx Spin-off; NJ, Pa. Approval Still Needed
FERC approved FirstEnergy’s plan to spin off the transmission assets of three of its utilities into a new subsidiary.
Environmental Groups Press for Indian Point Shutdown
Six environmental groups have asked NRC for an immediate closure of the Indian Point nuclear plant in New York.
Con Ed Reports Higher Earnings
Con Ed reported 2015 net income of $1.19 billion compared with $1.09 billion in 2014.
Duke to Sell International Business
Duke Energy confirmed it plans to sell its international business, which has been bedeviled by drought and weak currency exchange rates.
Exelon Appeals ISO-NE Zero-Price Offer Requirement
Exelon has asked the D.C. Circuit to overturn two FERC orders that reaffirmed the zero-price offer requirement in ISO-NE. 
FERC: PSEG Can Recover Costs if Artificial Island Project is Canceled
FERC approved an incentive filing by PJM that will allow PSE&G to recoup all of its costs if the Artificial Island reliability project is canceled due to reasons beyond the company’s control.

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