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September 4, 2024

Company News

U.S. Forest Service
California PUC Levies $550M on Edison for Wildfires
The CPUC fined Southern California Edison $550 million for major wildfires in 2017-18 and approved the utility's new $1.3 billion storage project.
Shutterstock
Con Ed Submits Proposal for New Jersey Offshore Transmission
Con Ed has submitted a proposal for a 2.4-GW transmission “backbone” to the New Jersey BPU to bring offshore wind-generated electricity to the PJM grid.
Public Service Company of New Mexico
New Mexico Regulators Reject Avangrid-PNM Merger
N.M. regulators shot down Avangrid’s proposed acquisition of PNM Resources after officials pointed to Avangrid’s “demonstrated record of poor performance.”
Kerrville PUB
Texas PUC Chair Lake: ‘The Lights Will Stay On’
Texas PUC Chair Peter Lake said "the lights will stay on" this winter, based on the commission's new weatherization rules and market changes.
EEI
National Electric Highway Coalition to Build Fast-charging Stations
More than 50 electric utilities announced the creation of a national coalition to facilitate the buildout of fast-charging stations on major highways.
© RTO Insider LLC
California PUC Assesses PG&E $125M for Kincade Fire
The California PUC penalized PG&E $125 million for starting the 2019 Kincade fire by using a new enforcement tool that caused discord among commissioners.
Security Limits Inc.
Bid-rigging Allegation Clouds Avangrid Bid for PNM
Avangrid is facing increasing scrutiny from regulators following allegations that the company purchased millions in unnecessary equipment to boost profits.
Enable
OGE, CenterPoint Complete Enable’s Disposal
OGE Energy and CenterPoint Energy have completed their sale of their Enable Midstream Partners gas-gathering partnership to Energy Transfer Partners.
Entergy
Entergy LA, NOLA Add Ida-related Debt
FERC authorized Entergy La. and Entergy NOLA to assume more than $15 billion in debt and securities, in part to make up losses incurred during Hurricane Ida.
South Fork Wind
Interior Greenlights South Fork Wind Project COP
The U.S. Department of the Interior approved the construction and operations plan for the 132-MW South Fork Wind Project being built for LIPA.

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