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September 6, 2024

Company News

FirstEnergy Fires Jones over Bribe Probe
FirstEnergy fired CEO Charles Jones and two others over an alleged bribery scandal in Ohio after two men pleaded guilty in the scheme.
PG&E Trying to Move Forward from Bankruptcy
PG&E executives tried to reassure investors that the company is moving forward from its bankruptcy and the wildfires of the past three years.
Vineyard Wind Reaches Tx Agreement with ISO-NE
Vineyard Wind announced that it reached a transmission agreement with ISO-NE to deliver power to the RTO’s grid for its offshore wind project
SoCal Edison Line May Have Sparked Silverado Fire
SoCal told the state Public Utilities Commission that one of its power lines might have started the Silverado Fire.
PG&E Line Was Active when Zogg Fire Started
PG&E said a line suspected of starting the Zogg Fire remained active while other circuits in the same region were de-energized.
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AEP: ‘Light at the End of the Tunnel’
AEP reported third-quarter earnings of $749 million ($1.51/share), compared with earnings a year ago of $734 million ($1.49/share).
Missouri PSC Looks at IOUs’ RTO Membership
The Missouri PSC is investigating whether the state’s investor-owned utilities’ continued RTO membership “is in the ratepayers’ best interest.”
Iberdrola
Avangrid to Acquire PNM Resources for $4.3B
Avangrid is poised to expand into the Southwest after announcing that it will spend $4.3 billion in cash to acquire PNM Resources.
NextEra Energy Eyes Greater RTO Involvement
NextEra Energy’s recent acquisition of GridLiance gives the company a greater voice in RTOs, CFO Rebecca Kujawa said during an earnings call.
New Data Offer Way to Value Carbon Abatement
A new study puts forward a levelized cost of carbon abatement as a way to compare technologies and policies that reduce emissions.

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