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September 8, 2024

Company News

CPUC Cites ‘Audacity’ of PacifiCorp Rate Request
The California PUC denied PacifiCorp’s revenue requirement request for asking to cover the depreciation of coal plants it hasn’t committed to close.
FERC Approves SPS Request to End QF PPAs
FERC OK'd Southwestern Public Service Co.’s request to terminate its obligation to enter into new power-purchase contracts with facilities over 20 MW.
FERC Rejects Genbright Waiver on FCA14
FERC rejected a solar aggregator’s request to offer 14 DERs into ISO-NE’s 2020 Forward Capacity Auction despite a dispute over the interconnection status.
Judge Approves PG&E’s Deal with Bondholders
The federal judge in charge of PG&E’s Chapter 11 reorganization set a timeline for it to exit bankruptcy and approved its recent agreement with bondholders.
GridLiance Gains Entry into MISO
Transmission owner GridLiance Heartland has gained access to the MISO system through an acquisition of transmission lines in Illinois and Kentucky.
CPUC Proposes New Power Shutoff Guidelines
The California PUC issued proposed guidelines for utilities to follow when intentionally blacking out areas to prevent equipment from starting wildfires.
Texas PUC Delays AEP Texas, CenterPoint Rate Orders
The Texas PUC declined to issue final orders in rate cases involving CenterPoint Energy and AEP Texas, but it did approve several other rate recoveries.
PG&E Tries to Appease Governor with New Plan
PG&E offered the most detailed versions yet of its plans to emerge from bankruptcy in filings with the California PUC and the U.S. Bankruptcy Court.
WEC Energy Wind Boom to Follow Strong 2019
WEC Energy Group reported year-end net income of $1.13 billion ($3.58/share), up from $1.06 billion ($3.34/share) in 2018.
Xcel Energy Reports Solid 2019 Earnings
Xcel Energy reported year-end earnings of $1.372 billion ($2.64/share), up from 2018’s performance of $1.261 billion ($2.47/share).

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