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October 7, 2024

NextEra Energy

CPUC
NextEra Settles CRR Complaint Against CAISO
FERC approved a settlement that will grant a NextEra Energy subsidiary congestion revenue rights that CAISO denied the company in 2015.
NextEra to Close Duane Arnold Nuclear Plant
NextEra Energy Resources announced that it will close the Duane Arnold Energy Center, Iowa’s only nuclear power plant, five years earlier than expected.
AEP, NextEra Energy, Xcel Energy Briefs
AEP stock ended the week at $71.14/share, up $1.76, after it announced the cancellation of its Wind Catcher Energy Connection project.
TVA
NextEra Beats Wall Street’s Expectations
NextEra Energy beat analysts’ expectations and shattered last year’s first-quarter (Q1 2018) performance, reporting earnings Tuesday of $4.4 billion and $9.32/share, up from $1.6 billion and $3.37, respectively.
Avangrid
ALJ Rules New England Tx Owners’ ROEs not Unjust
A FERC administrative law judge ruled that municipal utilities and commission staff failed to prove that a group of transmission owners’ base return on equity is unjust.
NextEra Energy Transmission
FERC Denies Rehearing on NextEra NYISO Adder
FERC rejected the New York PSC request to rehear a November 2017 decision granting NextEra Energy a 50-basis-point adder for participating in NYISO.
Florida Power & Light
NextEra Suit Accuses Nuclear Trade Group of ‘Extortion’
NextEra Energy accused the Nuclear Energy Institute of “extortion,” saying it was spitefully denying the company access to a database used to screen workers.
PSO Rate Case a Concern for AEP’s Akins
AEP beat Wall Street’s expectations with a positive yearend earnings report, but CEO Nick Akins spent much of a conference call with analysts focused on its Oklahoma subsidiary.
Clean Line Energy Partners
Shifting Winds Drove Clean Line Plains & Eastern Sale
Clean Line Energy Partners said that market realities led the company to sell its Oklahoma assets to NextEra Energy, but is continuing work on other projects.
Clean Line Energy Partners
Clean Line Sells Okla. Portion of Plains Eastern to NextEra
Clean Line Energy Partners sold all of the Oklahoma portion of the Plains & Eastern transmission project to NextEra Energy.

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