Company News
PJM told FERC that it should reject an attempt by Consolidated Edison Co. to avoid paying for more than half of a $1.2 billion transmission upgrade to address a short circuit problem in the PSE&G transmission zone.
At least seven people were injured, including five PSE&G workers, Tuesday afternoon when a massive gas explosion ripped through a Ewing Township, N.J. condo complex. The explosion destroyed at least one home and others were damaged by what witnesses described as a fireball.
PJM Company Earnings Report - Pepco Holdings reported a big increase in fourth quarter earnings while FirstEnergy showed a drop.
News briefs on companies in PJM Interconnection: American Municipal Power and AEP.
AES Corp. announced last week that it is attempting to sell DPL Inc.’s generation fleet rather than spinning it off into an unregulated subsidiary. The planned sale is an indication that AES, which bought DPL in 2011, is having buyer's remorse.
News briefs on companies in PJM Interconnection: Ameren, Calpine, Duke and First Energy.
The short history of merchant generation in the U.S. is strewn with the fragments of once high-flying Wall Street darlings that crashed and burned. Remember Sithe? Boston Generating? Orion?
Duke Energy's plan to sell its merchant generation in the Midwest is further evidence of the `de-integration' of the utility business.
Duke Energy and PSEG reported increased earnings for 2013, thanks largely to regulated operations.
Wednesday’s ice storm cut power to more than 1 million in the Philadelphia area, with Peco Energy recording a new winter outage record. RTO Insider Editor Rich Heidorn Jr. was there and brings you all the details.
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