Northern Indiana Public Service Co. (NIPSCO)
NiSource lost $44.3 million ($0.14/share) in the second quarter, with company officials pinning the sagging earnings on an expensive debt-related charge.
NiSource owes its “strong” first-quarter performance to the success of its infrastructure spending strategy, according to CEO Joseph Hamrock.
The Indiana Senate approved a controversial bill that would phase out the state’s retail net metering program, moving it to the House.
NiSource is holding firm to its plan to retire half of its coal generation by 2023 while increasing infrastructure spending from already record levels.
FERC found that MISO and PJM have largely complied with commission directives issued in an order resolving a complaint by NIPSCO over interregional planning
MISO told its Planning Subcommittee that it and PJM are not optimistic that they can use common assumptions in their interregional transmission planning.
MISO Advisory Committee members say the redesigned stakeholder process is more efficient but that discussions at meetings could use more depth.
MISO and PJM will have 65 days to evaluate the impact of generator retirements under joint operating agreement language drafted to comply with FERC.
FERC ordered a pay cut for MISO transmission owners, reducing their ROE to 10.32% from 12.38%.
A group of MISO transmission owners has petitioned Supreme Court Justice Elena Kagan for more time to draft a petition challenging FERC's Order 1000.
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