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September 3, 2024

Company News

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Western Markets Exploratory Group Shares Views
The Western Markets Exploratory Group made a rare public presentation at CREPC-WIRAB of its behind-the-scenes work evaluating market options for the West.
RWE Renewables Americas
Con Edison to Sell Clean Energy Businesses for $6.8B
RWE Renewables Americas will acquire Con Edison Clean Energy Businesses in a deal valued at $6.8 billion.
Lordstown Motors
Lordstown Motors Begins Production of Electric Pickup Truck
Lordstown Motors announced that the first two of 50 electric pickup trucks it plans to produce and sell this year had rolled off the assembly line in Ohio.
Shutterstock
Report Faults Top Firms on Emission Incentives for CEOs
Many large greenhouse gas emitters incentivize their executives insufficiently or not at all to reduce those emissions, a corporate watchdog group reported.
Kentucky Power
AEP Accepts Lower Price for Kentucky Operations Sale
AEP and Liberty Utilities have struck an amended sale agreement that cuts the price of AEP Kentucky operations by $200 million and extends the deal's timeline.
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Maryland County’s Electric School Buses to Provide Synch Reserves for PJM
A Maryland school district is expanding its partnership with Highland Electric Fleets to electrify its buses to use as distributed energy resources in PJM.
JPxG, CC BY-SA 4.0, via Wikimedia Commons
PG&E Moves to Spin off Generation, Sell Minority Stake
PG&E asked the CPUC to approve a plan that would allow it to sell a stake in a new generation subsidiary, with proceeds to be used to fund capital investment.
Global Clean Energy Action Forum
Despite Record US Climate Funding, Philanthropies Still See Role in Clean Energy Innovation
Record government spending will not mitigate climate change without philanthropy continuing its role, speakers told the Global Clean Energy Action Forum.
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NV Energy Seeks Recovery of RTO-related Expenses
NV Energy is seeking approval from Nevada regulators to establish an account for tracking expenses related to its efforts to join an RTO by 2030.
FirstEnergy
FirstEnergy CEO Abruptly Retires, Without Severance
FirstEnergy abruptly replaced CEO Steven Strah with the chair of its board of directors, John W. Somerhalder II, citing the former's “decision to retire.”

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