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September 9, 2024

Company News

LEAPS’ Bid for Tx Status Rebuffed Again
FERC again rejected a bid by developers to obtain transmission status and cost-based rates for a proposed $2 billion pumped storage project in CAISO.
NextEra Beats Expectations with $1.16B Quarter
NextEra Energy touted “one of the best renewable development periods” in its history and reported third-quarter earnings that beat analysts’ expectations.
Google Searches, Finds Membership in SPP
Google, the world’s ubiquitous search engine, made its SPP membership official at October’s Markets and Operations Policy Committee meeting.
UPDATED: Transource Files Reconfigured Tx Project
Transource Energy filed a reconfigured version of the Independence Energy Connection project with Maryland regulators as part of a settlement with state officials and landowners.
FERC Denies Rehearing on NY Nuke Market Rates
FERC denied a challenge to its order granting market-based rate authority to Exelon’s FitzPatrick nuclear plant and approved the sale of Empire Generating.
FERC OKs New Dominion Tx Rate Structure
FERC approved Dominion Energy's request to change the basis for its transmission rates from an annual coincident peak formula to one based on monthly peaks.
Challenge to Ameren Illinois Rate Rejected Again
FERC again denied Southwestern Electric Cooperative’s multiple challenges to Ameren Illinois’ 2017 update to its transmission rate formula.
PG&E Says Blackouts Will Continue
PG&E told regulators its public safety power shutoffs could continue for another decade, and is making plans to turn off electricity if and when necessary.
Tucson Electric Power Maintains MBRA
TEP retained its right to sell power at market-based rates after FERC concluded it does not exercise market power within its balancing authority area.
SCE Suspected in Fire, PG&E Says Shutoffs Worked
SoCal Edison came under increasing scrutiny for its possible role in starting the Saddleridge Fire, while PG&E defended its public safety power shutoffs.

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