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September 4, 2024

Company News

Fletcher6, CC BY-SA-3.0, via Wikimedia
FERC Lowers ROE for Exelon’s Mystic Plant to 9.19%
FERC voted 3-1 to reduce the base return on equity for Exelon’s Mystic Generating Station as part of its reliability-must-run agreement with ISO-NE.
Shutterstock
California Utilities Show Mixed Results on RPS Goals
The California Public Utilities Commission said that large utilities are meeting renewable mandates but smaller utilities and CCAs need to catch up.
GSEC
FERC Settlement Costs Golden Spread $925K
FERC approved a consent agreement between its Office of Enforcement and Golden Spread Electric Cooperative over charges of market manipulation.
Ameren Illinois
FERC Firm on Refunds in Ameren Rate Case
FERC has decided that Ameren Illinois must still issue refunds over transmission rate errors uncovered by a central Illinois co-op.
Doug Kerr, CC BY-SA-2.0, via Wikimedia
FERC Again Dismisses Queue Complaint Against NYISO, Central Hudson
FERC upheld its July dismissal of a complaint by Hecate Energy that Central Hudson and NYISO delayed its 20-MW solar generation project in Greene County, N.Y.
Sierra Club - Vermont Chapter
Negotiations Stall in GlobalFoundries’ Bid for Vt. Utility Status
Parties to GlobalFoundries' case seeking utility status have not reached an agreement on a greenhouse gas reduction plan for the company.
NRC
Bankruptcy Court OKs Legal Fees of $65 Million in FES Case
A federal judge in Ohio approved of legal fees of more than $65 million and expenses totaling $2.7 million in the FirstEnergy Solutions bankruptcy case.
Brian Stansberry, CC BY-SA-3.0, via Wikimedia
Tennessee Grand Jury Seeks Federal Action on TVA Coal Ash Cleanup
A grand jury rejected indictments over TVA’s cleanup of its 2008 coal ash spill but called for a federal probe into claims the utility exposed workers to harm.
© RTO Insider LLC
PG&E Likely Violated Probation, Judge Finds
A federal judge found there was probable cause to believe PG&E violated its probation by starting the Kincade Fire in 2019 and the deadly Zogg Fire last year.
Tesla
Tesla Gets OK to Sell Power in Texas
The Texas Public Utility Commission has given a Tesla subsidiary permission to begin selling electricity to retail customers.

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