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September 8, 2024

Company News

BlackRock to Divest from Coal Companies
BlackRock, the world’s largest asset manager, will dump companies that collect more than 25% of their revenue from thermal coal production by midyear.
SPP Board Taps Barbara Sugg as New CEO
SPP’s board selected Barbara Sugg, the RTO's SVP of information technology and chief security officer, to replace the retiring Nick Brown as CEO.
Denise Foster Joins East Kentucky Power Cooperative
Denise Foster quietly joined East Kentucky Power Cooperative earlier this month as vice president of federal and RTO regulatory affairs.
Newsom Budget Reiterates PG&E Takeover Threat
Gov. Gavin Newsom released an outline of his proposed 2020-2021 budget that included language reiterating his threat to take over Pacific Gas and Electric.
Court Says it Lacks Authority to Decide Entergy Suit
Entergy Mississippi scored a victory in an 11 year rate battle brought by the former attorney general, who claimed the utility overcharged customers.
Texas PUC Waits to Rule on El Paso Electric Purchase
Faced with a deadline to rule on J.P. Morgan’s $4.3 billion purchase of El Paso Electric, the Texas PUC will take the matter up during its next meetings.
Tri-State to Retire 2 Coal Plants, Mine
Tri-State Generation and Transmission Association said it will shut down 1,111 MW of coal-fired generation and an associated coal mine.
Bipartisan Bill Looks to End Va. Electric Monopolies
Virginia legislators announced a bipartisan bill that would end the electric market monopoly, allowing consumers to choose their electric provider.
Pioneer Tx OK’d to Recover $10M in Development Costs
Pioneer Transmission can recover about $10 million in precommercial operation costs used to develop the Greentown-to-Reynolds line in Indiana, FERC decided.
PG&E Turmoil Will Occupy West Again in 2020
PG&E's bankruptcy looks likely to continue through the first half of 2020, while CAISO seeks to expand its EIM and meet reliability requirements.

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