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October 19, 2024

Company News

Duke Merchant Exit Signals `De-Integration’: Analysts
Duke Energy's plan to sell its merchant generation in the Midwest is further evidence of the `de-integration' of the utility business.
Regulated Operations Boost Duke, PSEG Earnings
Duke Energy and PSEG reported increased earnings for 2013, thanks largely to regulated operations.
PJM Unveils New Visualization Tool
PJM provided members a glimpse last week of the new visualization tools that will soon be available to transmission operators as a result of the deployment of synchrophasors.
Ice Storm Sends Philadelphia Suburbs into the Dark – Update
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.
Company Briefs
News briefs on companies in PJM Interconnection: PJM, PPL, and a new demand response trade group - the Advanced Energy Management Alliance.
Exelon May Close Nukes
Several PJM utilities released their fourth quarter earnings last week, but none made news like Exelon, which warned that it may shut down some of its nuclear generating stations if they can't compete against subsidized renewable generators and stubbornly low natural gas prices.
Company Briefs
News briefs on companies in PJM Interconnection: Dominion, Duke, Exelon, and AEP.
High Prices Claim Green Retailer
January’s sky high energy prices claimed its first casualty Friday as green energy retailer Clean Currents abruptly suspended service, returning its customers to their distribution utilities.
Reboot for FirstEnergy
With its decision to cut its dividend, FirstEnergy acknowledged last week that its focus on its unregulated business was a losing strategy. Now the question is whether its renewed focus on regulated operations will improve the fortunes of the beleaguered company enough to regain Wall Street’s favor.
Pepco CEO to Retire
Pepco Holdings Inc. Chairman and CEO Joseph Rigby announced yesterday he will step down as chief executive this year after a turbulent tenure marked by criticism over the company’s reliability.

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