American Electric Power will buy Sempra Energy’s renewable business in a $1.1 billion deal that will triple AEP’s renewable portfolio.

FERC conditionally approved South Central MCN’s proposed revisions to its transmission formula rate and protocols and granted a rehearing request that set a Section 206 proceeding.

MISO and SPP told stakeholders that there is “more support than not” for the RTOs to conduct a joint study of interregional transmission projects in 2019.

Xcel Energy reported it once again met or exceeded its earnings guidance, posting year-end profits of $1.26 billion, compared to $1.15 billion in 2017.

SPP continued its effort to modernize its cost-recovery processes last week, agreeing to replace its broad single rate schedule with four targeted ones.

An SPP group has been unable to reach a consensus on possible revisions to cost-allocation rules for wind-rich areas and may table their year-long review.

NextEra Energy’s quarterly and year-end earnings surpassed those of 2017 but came up short of analysts’ quarterly expectations.

American Electric Power (NYSE:AEP) reported strong 4th quarter and year-end earnings in line with analysts’ expectations and expect it to continue in 2019.

State regulators in MISO and SPP are making progress on the seams issues that continue to vex the RTOs, but much work remains, stakeholders learned.

SPP saw an increase in price spikes and overall prices during October and November thanks to above-normal scarcity pricing.