Search
`
September 9, 2024

Company News

PJM Analysis of Transource Alternative Challenged
Transource Energy’s alternative configuration for its Independence Energy Connection project doesn’t pass PJM’s cost-benefit test, LS Power said.
Calif. PUC Orders Investigation of Power Shutoffs
The California PUC opened an investigation into the power shutoffs that left millions in the dark several to prevent utility-sparked wildfires.
Fight Escalates over PG&E Settlement with Insurers
Wildfire victims and California Gov. Gavin Newsom challenged PG&E’s proposed $11 billion settlement with insurance companies that are seeking reimbursement.
OGE Earnings Surge, Beat Expectations
Oklahoma Gas & Electric beat analysts’ third-quarter earnings expectations with a net income of about $251 million ($1.25/share).
Hot Summer Yields Positive Earnings for CenterPoint
CenterPoint Energy’s third-quarter earnings surged more than 57% thanks to record electricity usage this summer, the company reported.
Pressure Grows for Public Takeover of PG&E
More elected officials are calling for a public takeover or restructuring of PG&E after it blacked out millions of Californians to prevent deadly wildfires.
California Could Restructure PG&E, Governor Says
California Gov. Gavin Newsom has summoned PG&E and its creditors, including victims, to try to broker a deal to pull the utility out of bankruptcy.
NiSource Earnings Feel Aftershocks of Gas Explosions
NiSource lost money last quarter as the company continues to face costs stemming from a string of gas pipeline explosions in three Massachusetts cities.
PG&E Could Still Reject PPAs, Analysts Say
Analysts at a renewable energy conference warned that PG&E could still reject its renewable power purchase agreements in bankruptcy.
Exelon Pledges Reforms amid Grand Jury Probe
Exelon is cooperating with an investigation into its lobbying of the Illinois legislature and will ensure high ethical standards in the future.

Want more? Advanced Search