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September 17, 2024

Company News

PJM Capacity Release Filings Draw Critics
A pair of requests PJM submitted to FERC to safeguard capacity for the 2015/16 delivery year drew a number of protests last week.
Sale Would End SSR, Clear Way for WE-Integrys Deal
Integrys and Wisconsin Energy would sell their subsidiary utilities' electric distribution assets, including Presque Isle, to Upper Peninsula Power Co.
Ginna Negotiators Given 3 More Weeks to Make Deal
Negotiators trying to keep the Ginna nuclear power plant in New York financially viable have been given a three-week extension by state regulators.
NJ BPU Staff Reaches Settlement on Exelon-Pepco Merger
The NJ BPU staff recommended OK of Exelon’s acquisition of Pepco in a deal that would give Atlantic City Electric customers $62 million in rate credits.
AEP Considering Sale of 8,000 MW in Ohio, Indiana
AEP has hired investment bank Goldman Sachs to investigate the sale of its merchant generation fleet in Ohio and Indiana, both coal- and natural gas-fired.
Terminated PPA Imperils Cape Wind Offshore Project
Two New England utilities that had power purchase agreements with the Cape Wind Associates’ offshore project have terminated the contracts.
Northeast Utilities Rebranding as Eversource Energy
Northeast Utilities, which operates six electric and gas companies in three New England states, is rebranding by changing its name to Eversource Energy.
Duke to Make First Utility-Scale Solar Buy in Indiana
Duke plans to make its first substantial purchase of solar power in Indiana, giving customers the option to buy “locally sourced” solar energy credits.
Company Briefs
News briefs on companies doing business with RTOs. This week we include Duke, FirstEnergy, Dominion, Entergy, MDU Resources, Minwind Energy and NextEra.
Negotiations to Extend Ginna Nuke Plant Life to Conclude this Week
Negotiations that could determine the future of the R.E. Ginna nuclear plant in upstate New York are set to conclude this week.

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