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November 23, 2024

Company News

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Tri-State CEO Gives Update on Energy Transition
Tri-State CEO Duane Highley spoke with ACP CEO Jason Grumet about how cooperatives are managing the transition from coal to renewables and balancing clean energy goals with reliability.
NV Energy
NV Energy to Join CAISO’s Extended Day-Ahead Market
NV Energy plans to make its intention to join the CAISO EDAM public on May 31 when it files an integrated resource plan with the Public Utilities Commission of Nevada.
© RTO Insider LLC
FERC Upholds Tri-State Exit Fee Calculation Method
FERC upheld the contract termination payment rules for Tri-State Generation and Transmission Association it approved last year, though it modified some of its original order in response to requests for clarification.
Shutterstock
FERC Responds to Mystic Agreement Rehearing Request
FERC denied a rehearing request and partly adopted a clarification request by Constellation Energy related to a challenge to the fixed costs associated with the Mystic cost-of-service agreement.
WW Clyde
Is NV Energy Leaning to CAISO’s EDAM?
An NV Energy executive provided the strongest public indication yet as to why the utility is poised to choose the ISO's Extended Day-Ahead Market over SPP’s Markets+.
Allete
FERC OKs Allete Securities Sale Prior to Acquisition
FERC has granted Allete permission to sell several hundred million dollars in securities to raise money for its clean energy transition.
National Grid
National Grid Plans $35B Investment in NY, Mass.
National Grid plans to invest $75 billion in its infrastructure over the next five years, nearly half of it in New York and Massachusetts. 
InvictaHOG, Public Domain, via Wikimedia Commons
Massachusetts DPU Approves Everett LNG Contracts
The Massachusetts Department of Public Utilities approved agreements between Constellation Energy and the state’s investor-owned gas utilities to keep the Everett LNG import facility operating through May 2030.
Iberdrola
Iberdrola to Take Full Ownership of Avangrid
Iberdrola is moving to acquire the 18.4% stake in Avangrid that it does not already own in a $2.55 billion deal.
PacifiCorp
FERC Denies PacifiCorp Formula Rate Change
FERC rejected PacifiCorp’s request to include in its Open Access Transmission Tariff the interest it pays when refunding advance payments such as interconnection study deposits.

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