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August 26, 2024

Duke Energy

FERC Approves Duke-NCEMPA Deal
FERC last week approved Duke Energy Progress’ $1.2 billion purchase of 700 MW of generation from the North Carolina Eastern Municipal Power Agency.
Company Briefs
News briefs on companies doing business with RTOs. This week we include Exelon, Dominion Resources, Duke Energy, DSM and PPL.
FERC Approves Revised PJM-Duke JOA Despite IMM Protest
FERC approved a revised JOA between PJM and Duke Energy Progress despite protests from the RTO’s IMM that it gives Duke favored treatment on interchange pricing.
State Briefs
News briefs from the states within the PJM footprint. This week we include Illinois, Indiana, Maryland, Michigan, New Jersey, North Carolina, Ohio, Pennsylvania, Virginia and West Virginia.
Duke Energy Eyes Natural Gas Production
Duke Energy is moving away from coal, investing in natural gas-fired generation and committing to a multi-billion dollar natural gas pipeline investment.
Duke Sees $3.4B Coal Ash Cleanup Bill; Who’s Next?
Duke Energy has filed a plan with North Carolina environmental agencies to remove millions of tons of coal ash from four of its sites in the state, the beginning of a massive coal ash remediation effort the company estimates will cost $3.4 billion.
Cool Summer Means Weak Profits for Most Companies
Cooler summer weather took a toll on the third-quarter profits of electric utilities in PJM's footprint.
IMM Calls for New PJM-Duke Progress JOA
PJM should revise its JOA with Duke Energy Progress to reflect the merger between Duke and Progress, according to the Market Monitor.
Company Briefs
News briefs on companies in the PJM Interconnection this week, including PSEG, Duke, FirstEnergy, AEP, Ameren, Constellation and General Motors.
Market Monitor Corrects Exclusion List on Talen Energy; Adds Exelon, Duke
Duke Energy and Exelon should be among the companies barred from acquiring any generation divested by PPL as part of its Talen Energy spinoff, the IMM told FERC.

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