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September 15, 2024

Company News

Seeking Relief from Ohio Regulators, AEP, FirstEnergy May Diverge Without it
FirstEnergy and AEP's CEOs told analysts and investors at the EEI Financial Conference that they expect the PUCO to rule on their requests for above-market power purchase agreements with their generators late this year or early in 2016.
Warm Carolina Summer Boosts Duke Revenue
Duke Energy was able to offset a slump in its international business thanks to increased revenue from its U.S. regulated operations and the early closing of certain strategic initiatives.
Company Briefs
This week's company briefs include news on AEP, DTE Energy, Xcel Energy, TXU Energy, Duke Energy and Talen Energy.
FERC Rejects Rehearing in Entergy Move to MISO Membership, OKs Cost Allocation Filing
FERC denied requests by Texas and Louisiana regulators for rehearing of its December 2013 order approving the Entergy operating companies’ incorporation into MISO.
Merger Opponents Seek Ethics Investigation of Pepco-DC Stadium Deal
Critics of Exelon’s proposed acquisition of Pepco Wednesday questioned the timing of a $25 million naming rights deal that D.C. Mayor Muriel Bowser finalized days before dropping her opposition to the merger.
Settlement Reached on New York TOTS Projects
New York transmission owners filed a proposed settlement with FERC establishing the cost allocation and rate of return for three transmission projects.
Energy Department OKs Canadian Hydro Line in New England
The Energy Department recommended approval of a presidential permit for the New England Clean Power Link, which would transmit 1,000 MW of Canadian hydropower into New England.
Algonquin Submits Pre-Filing Request for Access Northeast Pipeline
Spectra Energy’s Algonquin Gas Transmission asked FERC to grant permission for the pre-filing review on the proposed Access Northeast project by Nov. 13.
WEC Energy Shows $183M Profit After Integrys Deal
The expanded company now serves 4.4 million customers in Wisconsin, Illinois, Michigan and Minnesota.
NiSource Rebounds as a ‘Pure-Play’ Utility
NiSource reported third-quarter income of $14.8 million, a reversal from its 2014 third-quarter loss of $17.2 million.

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