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November 16, 2024

Avangrid

NE Utilities Lay out Strategies for Net-zero Emissions
Representatives of three of the dominant utilities in New England briefed NECA members about their companies’ aggressive decarbonization efforts.
Avangrid Optimistic on NECEC, OSW
Avangrid expects to begin construction this year on the New England Clean Energy Connect transmission project despite a potential referendum in Maine.
FERC OKs $450,000 Avangrid Penalty
FERC accepted a $450,000 settlement between the Northeast Power Coordinating Council and three Avangrid utilities for violations of operations standards.
Overheard at NECBC 2019 Energy Conference
State and federal regulators joined industry leaders at the New England-Canada Business Council’s (NECBC) 27th annual energy conference in Boston.
Avangrid Earnings Revive on Wind, New Assets
Increased wind output helped Avangrid’s profits jump 20% in the third quarter as the company continued to see strong growth in its renewables fleet.
PJM Suspends Auction Deadlines Pending FERC Action
PJM told stakeholders all deadlines for upcoming capacity auctions will be suspended pending FERC action on the RTO’s proposed revisions to its capacity market.
Avangrid Earnings Continue to Lag on Weak Wind
Avangrid reported second-quarter earnings of $110 million ($0.36/share), up slightly from $107 million ($0.35/share) in the same period in 2018.
Avangrid Earnings Drop on Weak Wind
Declining wind output drove down Avangrid’s first-quarter earnings by 11% compared to a year earlier, company officials said.
Dominion Energy
Connecticut Likely to OK Millstone for Zero-carbon RFP
Dominion Energy has inched closer to winning state-subsidized energy contracts for its Millstone nuclear plant in Connecticut.
CAISO RC Effort Gets FERC Go-ahead
FERC approved a set of Tariff revisions covering California Independent System Operator's new reliability coordinator services.

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