Company News
The R.E. Ginna nuclear plant and Rochester Gas & Electric have reached an agreement to provide a financial lifeline for the plant through March 2017, 18 months earlier than originally proposed.
As it has in years past, FERC said Entergy had not proven its proposed rates were just and reasonable.
Lubbock Power & Light’s recent announcement it was planning to take 400 MW of SPP load and join ERCOT hung heavy over the Strategic Planning Committee last week.
The SPP MOPC began discussions on how the RTO will distribute the funds it receives from MISO under the settlement in their long-running transmission dispute, announced just hours before its meeting.
NSTAR Electric had challenged the sale of five power plants in the Boston area worth about 2,654 MW from various entities to Constellation for $1.1 billion.
This week's company briefs include news on Calpine, Xcel Energy, Westar Energy, Ameren, BNE Energy, DTE Energy, FirstEnergy and Dominion Resources.
Parties opposed to the Exelon-Pepco merger told the D.C. Public Service Commission that it should not reopen the record to consider the new settlement between Mayor Muriel Bowser's administration and the companies.
A newly formed advocacy group on Friday filed its intent to acquire the district assets of Pepco Holdings Inc. and transform it into a not-for-profit utility that it said will generate about $1 billion in savings over the next 20 years.
D.C. Public Power on Friday will release details of a proposed alternative to the Exelon-Pepco Holdings Inc. merger that it says would provide up to $1 billion in benefits to the district over the next 20 years.
Exelon spokesman Paul Elsberg confirmed that the concessions the company agreed to in its bid to win D.C.’s approval of its takeover of Pepco could result in changes to the deals already struck with Delaware, Maryland and New Jersey.
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