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November 2, 2024

Consolidated Edison (Con Ed)

NYPA
New Yorkers Support 10-GW Solar Target — with Reservations
New York’s plan to increase its distributed solar target to 10 GW received wide support in comments to state regulators, with some caveats.
Con Edison
Con Edison 2021 Earnings Jump 22%
Consolidated Edison on Thursday reported 2021 net income of $1.35 billion ($3.86/share), up 22.3% compared with $1.1 billion ($3.29/share) the previous year.
Google
Con Ed to Refine $4B Offshore Transmission Plan for NYC
Con Edison must resolve several regulatory concerns before being authorized to build a new substation in New York City dedicated to interconnecting offshore wind projects.
Shutterstock
Con Ed: 2021 DR Programs Rise in MW Value, Enrollment
Con Ed reported to the New York PSC that its demand response programs increased slightly in megawatt value last year but dramatically in enrollment.
Shutterstock
Con Ed Submits Proposal for New Jersey Offshore Transmission
Con Ed has submitted a proposal for a 2.4-GW transmission “backbone” to the New Jersey BPU to bring offshore wind-generated electricity to the PJM grid.
Con Edison
Con Edison Q3 Earnings up on Clean Energy Growth
Con Ed reported third-quarter net income of $538 million ($1.52/share), up 9.1% compared with $493 million ($1.47/share) in the same period a year ago.
Con Edison
NYPSC Fines Con Edison $82 Million for Outages, Slack Performance
NYPSC fined Con Edison $82 million over operating “imprudence” and emergency response violations, including for its response to Tropical Storm Isaias.
Tetra Tech
BOEM Reviews Empire Wind COP Environmental Impact
Labor unions, environmentalists and state residents told federal officials they largely support the 2-GW Empire Wind project in the New York Bight.
Iroquois
New York Regulators Investigating Alleged Bribery Scheme at National Grid
New York regulators opened an investigation into an alleged bribery scheme involving National Grid’s natural gas distribution company facilities.
Con Edison
Con Edison CEO Sees Company Future in Clean Energy
Con Edison is staking its future on clean, emissions-free energy, going “all-in” on electric vehicles, energy efficiency and storage, CEO Tim Cawley said.

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