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December 22, 2024

Public Service Enterprise Group (PSEG)

Company Q2 2015 Earnings Roundup
Several energy companies reported their second-quarter earnings results last week.
FERC OKs PJM Revisions on Reactive Power Payments
PJM generating companies that deactivate or transfer ownership of units in their fleet will have to revise their reactive power rates or explain why they have decided not to to FERC.
Con Ed Rebuffed Again on NJ Cost Allocation Dispute
FERC again rejected Con Ed's request that it force PJM to recalculate the cost allocation for two transmission upgrades in northern New Jersey.
PJM Transmission Expansion Advisory Committee Briefs
A round-up of news from the PJM Transmission Expansion Advisory Committee on June 11, 2015.
PJM Company Q1 2015 Earnings Roundup
Extreme winter temperatures, while not as severe as last year, continue to play a major role in companies’ earnings results and business strategies.
New England Generators Challenge Sloped Demand Curve
New England power generators asked a federal appeals court to overturn FERC orders that accepted ISO-NE’s change to a sloped demand curve in advance of this year’s Forward Capacity Auction.
Supreme Court Shows Ideological Divide over MATS Rule
The Supreme Court’s ideological divide was on display Wednesday as justices sparred with attorneys over whether the EPA should have considered costs before deciding whether to regulate mercury and other pollutants from power plants.
Company Briefs
News briefs on companies doing business with RTOs. This week we include Ameren, NextEra, Xcel, Calpine, Exelon, PPL, NRG, PSEG, Dynegy and AEP.
PSEG Q4 Profits More than Double over 2013
PSEG reported fourth-quarter net income of $476 million ($0.94/share), more than double the $200 million ($0.39/share) for the same quarter in 2013.
Exelon, LS Power Join CPV in Adding New England Capacity
New generators from Exelon, LS Power and Competitive Power Ventures were the apparent winners in ISO-NE's capacity auction, while NRG Energy and Public Service Enterprise Group walked away empty handed.

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