Consolidated Edison (Con Ed)
NYISO CEO Rich Dewey told stakeholders that staff are determining whether a technical problem related to the demand curve reset violates the Tariff.
Con Ed won approval from the NYISO BIC of a proposal to increase the exemption from real-time generation penalties for units that supply steam to New York City.
Consolidated Edison (NYSE: ED) said that the COVID-19 pandemic had negatively impacted its first-half earnings by $52 million
The New York PSC approved more than $70 million in electric bill relief over the summer for low-income Con Ed customers in NYC and Westchester County.
Con Ed’s profits fell nearly 12% in the first quarter and attributed the decline to the effects of the economic shutdown and unusually warm weather.
PJM must rebill parties with interest to reverse incorrect cost assignments for transmission projects to meet individual utilities’ planning criteria.
Consolidated Edison reported 2019 net income of $1.34 billion ($4.09/share), down slightly from $1.38 billion ($4.43/share) the previous year.
In a trio of orders, FERC again rejected challenges to PJM’s transmission cost allocation methods in a long-running dispute in New Jersey.
NERC opened the year with two big personnel announcements, introducing a new head of the E-ISAC and saying farewell to retiring board member Dave Goulding.
FERC rejected a request to rehear its ruling approving changes to the PJM-NYISO joint operating agreement reflecting a new operational plan for interfaces between New York and New Jersey.
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