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July 5, 2024

earnings

PSEG Sees Support for Nuclear, to Seek Revenue Decoupling
PSEG CEO Ralph Izzo said that the company has received “just about universal support for the continued operation” of its nuclear plants.
AEP to Spend $4.5B on Largest Wind Farm in US
American Electric Power (AEP) plans to build a 2,000-MW wind farm and accompanying high-voltage, interstate transmission line.
Eversource Q2 Earnings up on Tx, Distribution
Eversource reported net earnings of $230.7 million in the second quarter of 2017, compared to $203.6 million a year earlier.
FirstEnergy CEO Says Country Heading for Natural Gas ‘Disaster’
FirstEnergy CEO Chuck Jones said that he thinks the “country is heading for a disaster” because of its over-reliance on natural gas for generating power.
Q2 2017 Earnings Briefs
Calpine, PG&E and Southern California Edison released their second-quarter earnings results last week.
Q1 a Good Start for Most in RTO Insider Top 30
More than two-thirds of companies in the RTO Insider Top 30 posted year-over-year revenue and net income increases in the first quarter.
Exelon Encouraged by Perry’s Memo, Thinks ZECs Will Hold Up
Exelon thinks courts will uphold programs that provide zero-emission credits benefiting its nuclear power plants, executives said in the Q1 earnings call.
Eversource Earnings Up, Northern Pass Seen on Schedule
Eversource Energy reported first-quarter earnings of $259.5 million, up 6.3% from $244.2 million in the same period a year ago.
WEC Posts Strong Quarter Despite Rate Freeze, Demand Decline
WEC Energy Group turned a larger profit in the first quarter despite warm weather and slumping electricity demand in the company’s Midwest markets.
Generation Woes Drive down NRG Q1 Earnings
NRG Energy posted sharp losses in the first quarter on lower hedge margins and declining capacity revenues in the eastern U.S.

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