Company News
Transource Energy’s alternative configuration for its Independence Energy Connection project doesn’t pass PJM’s cost-benefit test, LS Power said.
The California PUC opened an investigation into the power shutoffs that left millions in the dark several to prevent utility-sparked wildfires.
Wildfire victims and California Gov. Gavin Newsom challenged PG&E’s proposed $11 billion settlement with insurance companies that are seeking reimbursement.
Oklahoma Gas & Electric beat analysts’ third-quarter earnings expectations with a net income of about $251 million ($1.25/share).
CenterPoint Energy’s third-quarter earnings surged more than 57% thanks to record electricity usage this summer, the company reported.
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 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 lost money last quarter as the company continues to face costs stemming from a string of gas pipeline explosions in three Massachusetts cities.
Analysts at a renewable energy conference warned that PG&E could still reject its renewable power purchase agreements in bankruptcy.
Exelon is cooperating with an investigation into its lobbying of the Illinois legislature and will ensure high ethical standards in the future.
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