Entergy Corp.
The New York Public Service Commission approved Entergy’s sale of the FitzPatrick nuclear plant to Exelon, needed to prevent the plant’s imminent closure.
Entergy's (NYSE:ETR) third-quarter earnings beat analyst expectations, but its stock continued a months-long decline.
Public Citizen protested Entergy’s proposed sale of the FitzPatrick nuclear power plant to Exelon, saying the companies' FERC application failed to include information about the state subsidy that makes the transaction possible.
FERC ordered a pay cut for MISO transmission owners, reducing their ROE to 10.32% from 12.38%.
MISO and IPPs asked FERC to dismiss a complaint by transmission customers seeking to overturn the results of the 2016/17 capacity auction.
FERC directed further compliance filings from Entergy regarding its annual bandwidth filing and from MISO for Tariff revisions related to demand response.
Five New York City-area legislators wrote to the Public Service Commission questioning the ratepayer-funded nuclear power plant subsidy.
Entergy and Exelon filed a petition with New York regulators Monday seeking approval of Exelon’s purchase of the James A. FitzPatrick nuclear plant.
The second quarter wasn’t a great one for most companies in the RTO Insider Top 30, as revenues declined 2% compared with 2015 while profits dropped 15%.
Concerned about the impact of nuclear plant retirements in the state, Michigan officials have asked MISO to conduct a reliability analysis that assumes simultaneous outages at the Palisades and Fermi 2 nuclear plants.
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