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November 27, 2024

Consolidated Edison (Con Ed)

Con Edison Q1 Earnings Up 2.3%
Con Edison reported first-quarter revenues up across its operations, with results reflecting regulatory charges and changes in rate plans.
NYISO Management Committee Briefs
NYISO achieved a wind energy record of 1,574 MW at around noon on March 2, representing 9% of the state’s power generation.
Con Ed Rate Order Moves REV Forward with Shared Savings
In its approval of the Consolidated Edison rate plan, the New York PSC also passed an order that advanced the Reforming the Energy Vision initiative.
NYISO Members OK End to Con Ed-PSEG Wheel
The NYISO Management Committee approved an agreement with PJM to end the 1,000-MW Con Ed-PSEG wheel next year while maintaining an operational base flow of 400 MW.
Stakeholder Soapbox: The Case for Seasonal Resources in PJM
Rockland Electric argues that the PJM proposal to allow aggregation of seasonal resources won't help demand response and solar resources.
PJM Operating Committee Briefs
At last week's PJM Operating Committee, PJM and NYISO released last week their joint whitepaper on replacing the Con Ed-PSEG wheel, which will end May 1.
UPDATED: PJM, NYISO Seek Input on Replacing Con Ed-PSEG ‘Wheel’
PJM will hold a meeting Monday to seek stakeholder input on options for replacing the Con Ed-PSEG “wheel.” NYISO meeting in September.
Exelon’s Constellation to Buy Con Ed’s Retail Operation
Exelon is buying the Consolidated Edison (Con Ed) retail energy business as it continues its efforts to hedge against falling wholesale power prices.
PJM Plans for Changes in Tx Flows Without Con Ed-PSEG ‘Wheel’
PJM is using a three-pronged approach to prepare for next year’s termination of the Con Ed-PSEG wheel.
Stakeholders Ask FERC to Rehear Cost Allocation Order
Stakeholders ask FERC to revisit its ruling approving solution-based DFAX cost allocation for the Artificial Island and Bergen-Linden Corridor projects.

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