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September 6, 2024

Company News

Texas Utility Plans to Join CAISO EIM
El Paso Electric, a utility that serves more than 400,000 customers in Texas and New Mexico, plans to join CAISO’s Western Energy Imbalance Market in 2023.
New Jersey BPU OKs $205M EV Spending by PSE&G
The New Jersey BPU approved a settlement trimming PSE&G's proposed electric vehicle infrastructure program to $205 million over six years.
California PUC Slams SCE Over Power Shutoffs
The CPUC and state emergency officials told Southern California Edison that it had mishandled its public safety power shutoffs in 2020.
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Report: ‘Rein in’ Massachusetts Utilities’ Influence on Climate Policy
Opponents of legislation to address climate change in Massachusetts are blocking measures through “discourses of delay,” according to a new study.
Xcel Excels with ‘Stellar’ 2020 Earnings
Xcel Energy reported year-end earnings of $2.79/share, a 15-cent increase from its 2019 performance, despite a "challenging year."
Report: Southeastern US Straggling in Energy Efficiency
Utility disregard and an absence of state policy is holding back energy efficiency in the Southeast, the Southern Alliance for Clean Energy said.
NRG Extends Petra Nova’s Mothballing Indefinitely
NRG Energy plans to indefinitely mothball its gas-fired Petra Nova Power generating unit, a change from its earlier plan to seasonally sideline the plant.
NextEra Takes $1.2B Write-down in 4th Quarter
NextEra Energy said it has taken a $1.2 billion write-down for its stake in the Mountain Valley natural gas pipeline, which has been plagued by roadblocks.
Dominion Buys Solar Farm Powering Facebook Data Center
Dominion Energy has acquired a 150-MW solar facility in Ohio from Invenergy that will provide energy to a nearby Facebook data center.
Sierra Club Pans Utility Climate Efforts
Many of the nation’s largest utilities plan on using fossil fuels through 2030, threatening efforts to mitigate climate change, the Sierra Club reported.

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