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September 3, 2024

Company News

FirstEnergy
FirstEnergy Spending $1.5B on Transmission Projects this Year
FirstEnergy's "Energizing the Future" spending plan to update its 24,000 miles of transmission lines and substations is paying off with higher profits.
AEP
Load Growth Boosts AEP Earnings
Boosted by load growth that has returned to pre-pandemic levels, American Electric Power told financial analysts that the company is building on the momentum.
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NextEra Continues to Shine Brightly
NextEra Energy announced strong second-quarter earnings, boosted by another stellar quarter of renewable energy development.
Con Edison
NY PSC Approves Con Ed Revised Emergency Response Plan
New York regulators issued an order approving Consolidated Edison’s emergency response plan after the utility restored language related to communications.
TAE Technologies
TAE: Fusion Reactor Controls 135M-degree Plasma
TAE Technologies said its research reactor had achieved and maintained control of plasma in a fusion reactor at a temperature of 135 million degrees Fahrenheit.
Public Utilities Commission of Ohio
PJM, AEP Address Ohio PUC on June Storms, Power Cuts
Powerful June storms and demand surges in central Ohio forced AEP to cut power to 150,000 customers to prevent further system damage, company executives say.
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Ohio Consumers’ Counsel Asks for Independent Probe of AEP
The Ohio Consumers' Counsel wants an independent audit, rather than a PUCO review, of AEP's decision last month to cut power after a wind storm.
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PG&E, Tesla Team up on Virtual Power Plant
PG&E and Tesla have asked owners of Powerwall batteries to be part of an aggregated storage program to help California meet its reliability challenges.
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NJ BPU to Probe 2nd Ocean Wind Delay Case
The New Jersey BPU agreed to hear Ørsted's petition seeking to override county officials who it says have not responded to efforts to secure local approvals.
PG&E
California PUC Approves PG&E Regionalization Plan
The CPUC approved a PG&E plan to create five operational regions to improve safety and responsiveness, a key part of the utility's bankruptcy reorganization.

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