New Hampshire Senate OKs bill to let state participate in RGGI
The New Hampshire Senate last week approved legislation to allow the state to participate in the Regional Greenhouse Gas Initiative, a 10-state cap-and-trade program set to begin
Publication Date: MAY 2008
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NiSource Q1 net slumps 54.2% to $99.3 mil with charges on asset sales to BP and Unitil
NiSource's first-quarter net income slumped 54.2% to $99.3 million, with $96.1 million of charges on the planned sale of Whiting Clean Energy and two Bay State Gas
Publication Date: MAY 2008
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PG&E Q1 net down 12.5% to $224 million on Diablo Canyon outage and storm costs
PG&E Corp.'s first-quarter net income fell 12.5% to $224 million, reflecting higher purchased power costs at Pacific Gas & Electric during the 57.5-day outage to refuel and
Publication Date: MAY 2008
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PNM loses $48.6 million in Q1 on rate order and 'MTM' losses; two units exit trading
PNM Resources common stock sagged and Standard & Poor's Ratings downgraded the company for the second time in less than three weeks after speculative trading at two
Publication Date: MAY 2008
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PSEG net gains 36.2% to $448 million, with increases at all units, led by Power
Public Service Enterprise Group's net income climbed 36.2% to $448 million, making it the most profitable first quarter since the record $681 million in 2003, with higher
Publication Date: MAY 2008
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PacifiCorp eyes 500-MW renewables solicitation on top of 300 MW in March
PacifiCorp expects to issue as early as next month a request for proposals for 500 MW of renewables to be online in 2011. It follows on the
Publication Date: MAY 2008
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Pennsylvania governor pushes for legislation to ease transition to market-based rates
Pennsylvania Governor Edward Rendell last week pushed for legislative action that would help state consumers manage the double-digit rate increases expected when utility rate caps expire in
Publication Date: MAY 2008
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Power industry Q1 2008 financial results
Power industry Q1 2008 financial results
Publication Date: MAY 2008
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RTOs talk of changing their capacity markets; plan some tweaks soon, but not big revamps
As many state officials and wholesale market participants continue to be troubled by capacity market payments in the PJM Interconnection and ISO New England, the Federal Energy
Publication Date: MAY 2008
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Renewables high on the agenda of co-op concerns aired at annual legislative caucus
Cooperative utilities are trying to give Congress a sense of urgency about the need for legislation to bring more renewable energy into the supply mix for electricity.
Publication Date: MAY 2008
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Report cites faulty valves for explosion damaging CWLP's 86-MW coal-fired unit
Faulty valves caused an explosion and fire last year that heavily damaged an 86-MW coal-fired generating unit at Springfield (Illinois) City Water, Light and Power's Dallman baseload
Publication Date: MAY 2008
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Tax-credit extension could see House action by Memorial Day; discussions are ongoing
Beseeched by the renewable power industry and their investors, the House of Representatives is expected to consider new legislation to extend federal tax credits for wind, solar
Publication Date: MAY 2008
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'Large public power' takes on RTO markets, says benefit to renewables is falsely touted
Getting into an argument that has become almost a fundamental conflict of views, representatives of the country's biggest publicly owned utilities said that membership in a regional
Publication Date: MAY 2008
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Alaska utility seeks to buffer rate impact from power-line collapse
Alaska Electric Light & Power is looking for ways to soften the blow of a massive rate hike on its customers following a mid-April avalanche that wiped
Publication Date: MAY 2008
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Alliant net gains 6.6% to Q1 record $68 mil on better nonregulated and parent profits
Alliant Energy's net income gained 6.6% to $68.1 million, which was the second straight first-quarter record, with all of the $4.2 million improvement in the nonregulated (up
Publication Date: MAY 2008
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Aquila agrees to pay Missouri county over South Harper plant dispute
Aquila is moving on two fronts to try to settle a legal dispute over its 315-MW South Harper peaking plant.
Publication Date: MAY 2008
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BGE commercial customers face up to 41% increase in electric bills
Baltimore Gas and Electric's medium commercial customers face a 27% to 41% increase in their bills as a result of the April 21 auction for standard offer
Publication Date: MAY 2008
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Black Hills to sell seven merchant plants for $840 million to infrastructure investors
Black Hills said last week it would sell seven merchant power plants with a combined capacity of 974 MW to two investment funds for $840 million in
Publication Date: MAY 2008
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California county, PG&E community choice aggregation battle appears likely
Proponents of a community choice aggregation program for Marin County, California, are bracing for a fight with Pacific Gas & Electric, which has aggressively fought other aggregation
Publication Date: MAY 2008
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California survey shows snow pack is 67% of normal; a 'cause for concern'
The California Department of Water Resources' final snow survey of 2008 indicating that the state's snow pack is 67% of normal is "cause for concern," a spokesman
Publication Date: MAY 2008
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California utilities protest FERC requirement to use only regional proxy groups for ROE
California's three investor-owned utilities are challenging the Federal Energy Regulatory Commission's recent determinations that regulated entities in the Western region should use same-region proxy groups in determining
Publication Date: MAY 2008
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Comments to MMS lay out pros and cons of Cape Wind, as agency prepares final EIS
Supporters and opponents of the big Cape Wind offshore Massachusetts have given the Minerals Management Service their justifications and grievances about the project's initial environmental appraisal.
Publication Date: MAY 2008
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Constellation net slides 25% to $145.7 million with Merchant slump offsetting BGE increase
Constellation Energy Group's first-quarter net income slid 25.5% from the 2007 quarterly record to $145.7 million, with a slump in the Merchant Energy segment more than offsetting
Publication Date: MAY 2008
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Consultant for Kentucky AG's office says E.ON US may be up for sale
Is E.ON US, the parent company of Louisville Gas & Electric and Kentucky Utilities, on the market? A consultant for the Kentucky Attorney General's office thinks it
Publication Date: MAY 2008
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Court sends BPL rule back to FCC, but leaves most of agency's utility-friendly policy in place
A federal appeals court has sent an important broadband-over-power-line rule back to the Federal Communications Commission but upheld the main elements of the rule, which was welcomed
Publication Date: MAY 2008
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DTE net up 58% to Q1 record $212 million with colder weather and gain on shale sale
DTE Energy's net income gained 58.2% to a first-quarter record $212 million, beating the $200 million mark back in 2002, with an $80 million gain on the
Publication Date: MAY 2008
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Dominion net up 50% to Q1 record $680 mil on higher Generation profits and tax benefits
Dominion Resources' net income jumped 50% to a first-quarter record $680 million, beating the $534 million mark set in 2006, as a $197 million surge in "operating"
Publication Date: MAY 2008
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Duke Energy Indiana's IGCC plant cost rises $365 million to $2.35 billion
Duke Energy Indiana said late last week it now expects to spend about $2.35 billion to build its 630-MW Edwardsport integrated gasification combined-cycle power plant, a price
Publication Date: MAY 2008
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Duke Energy Ohio's planned transfer of generation assets to draw opposition
Duke Energy Ohio wants to transfer about 7,800 MW of electric generation to a new unregulated affiliate, but the plan is drawing opposition from state regulators and
Publication Date: MAY 2008
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Duke and PSEG CEOs agree on GHG cut goal but differ on how to handle the money aspects
Ralph Izzo, chairman, president and CEO, Public Service Enterprise Group, and James Rogers, his Duke Energy counterpart, agreed last week on the basic goal of cutting national
Publication Date: MAY 2008
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EEI says some RPS targets 'unachievable,' as industry deals with infrastructure debate
If all mandatory state renewable portfolio standards are met in the US and some 60 GW of renewable resources are added to the power grid by 2025,
Publication Date: MAY 2008
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EIA says cap-trade bill would kick prices up 64%; advocates say economics are viable
Electricity prices would rise as much as 64% by 2030 and gross domestic product would fall as the power industry made the bulk of CO2 emissions cuts
Publication Date: MAY 2008
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Entergy Q1 net gains 45.5% to $308.7 mil on higher Nuclear prices, record retail sales
Entergy's net income gained 45.5% to $308.7 million, with most of the increase in the Competitive Business sector on higher power prices and the April 2007 acquisition
Publication Date: MAY 2008
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Environmentalists weigh in on failed Va. plan to limit evidence on transmission
Environmentalists, who successfully opposed a proposal to limit the evidence that Virginia regulators could use to determine the need for new transmission lines, said last week that
Publication Date: MAY 2008
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FPL Group net jumps 66% to Q1 record $249 mil on lower 'MTM' loss and taxes at FPL Energy
FPL Group's net income jumped 66% to a first-quarter record $249 million, though that was only $1 million higher than the 2006 mark.
Publication Date: MAY 2008
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FirstEnergy chief lauds Ohio energy bill, signed into law May 1 by governor
Ohio's recently passed energy legislation is now law, and FirstEnergy President and CEO Anthony Alexander, for one, could not be happier.
Publication Date: MAY 2008
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FirstEnergy net dips 4.8% to $276 million as higher energy costs offset record sales
FirstEnergy's net income fell 4.8% from the quarterly record set last year to $276 million, with profits down in all operating segments, as higher energy costs countered
Publication Date: MAY 2008
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Florida P&L to build two 1,250-MW gas-fired plants, replacing oil capacity
Florida Power & Light, which already is one of the nation's most natural gas-dependent electric utilities, plans to build two more 1,250-MW, gas-fired combined-cycle projects.
Publication Date: MAY 2008
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Florida energy bill approved: transmission streamlined; renewables, cap-trade boosted
A comprehensive energy bill unanimously approved by both houses of the Florida Legislature last week will make it easier for utilities to develop transmission lines and will
Publication Date: MAY 2008
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In merger review, Kelliher says FERC takes strong position; Kelly suggests more possible
Chairman Joseph Kelliher last week firmly defended the Federal Energy Regulatory Commission's merger-review policy of deferring to state-imposed conditions on cross-subsidization.
Publication Date: MAY 2008
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Iowa regulators approve Alliant Energy coal plant, set 25% renewable mandate
Alliant Energy believes it can meet a 25% renewable mandate for its Iowa utility in exchange for being allowed to build a 630-MW coal-fired power plant.
Publication Date: MAY 2008
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Long Island outlines plan to triple efficiency spending to $924 million over next decade
The Long Island Power Authority laid out a plan last week to triple its energy efficiency spending to $924 million over ten years, in keeping with a
Publication Date: MAY 2008
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Maryland to save in 2011 after FERC rejects PJM's effort to increase capacity market price
Maryland utility regulators last week touted the results of a victory won last month at the Federal Energy Regulatory Commission involving the PJM Interconnection's forward capacity market.
Publication Date: MAY 2008
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Munis and others ask FERC to take another look at MISO's plan for resource adequacy
Transmission-dependent utilities in the Midwest have asked federal regulators to reconsider their approval of the Midwest Independent Transmission System Operator's resource adequacy proposal, saying it has inconsistencies
Publication Date: MAY 2008
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NU Q1 net slides 22.2% to $58 mil as charge offsets operating gains
Northeast Utilities' first-quarter net income fell 22.2% to $58.4 million, with a $29.8 million (after-tax) charge on the March 13 settlement with Consolidated Edison settling the long-running
Publication Date: MAY 2008
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NYPA picks 500-MW, gas-fired plant project to build up New York City capacity
The New York Power Authority says it has selected the 500-MW, gas-fired Astoria Energy project in Queens in a solicitation to shore up New York City's electricity
Publication Date: MAY 2008
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New England generators worry about possible reliability effects of new gas quality standards
Natural gas quality standards that are being proposed by some pipelines in New England are creating concern among generators in the region that new sources of liquefied
Publication Date: MAY 2008
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New Jersey regulators, stakeholders mull ways to avoid 'leakage' from RGGI
New Jersey regulatory staff and stakeholders last week began looking for ways to avoid the expected shift in generation away from states in the PJM Interconnection that
Publication Date: MAY 2008
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Oncor to buy BPL assets from Current as its smart grid deployment expands in north Texas
Oncor Electric Delivery has agreed to buy broadband-over-power-line equipment and other assets from Current Group for $90 million as part of its plan to deploy a smart
Publication Date: MAY 2008
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Power Company 1st Quarter 2008 earnings schedule
Power Company 1st Quarter 2008 earnings schedule
Publication Date: MAY 2008
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Power industrty Q1 2008 financial results
Power industrty Q1 2008 financial results
Publication Date: MAY 2008
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Progress Carolinas seeks approval for five energy efficiency and DSM programs
Progress Energy Carolinas last week asked the North Carolina Utilities Commission to approve five energy efficiency and demand side management programs, including a residential load-control program and
Publication Date: MAY 2008
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Prospects for Sunflower coal plants wilt as Kansas House fails to override veto
The Kansas House of Representatives late last week failed to override Governor Kathleen Sebelius' veto of Senate Bill 148, an energy bill that would have paved the
Publication Date: MAY 2008
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Puget Sound increases rate request, but attorney general questions whether it is legal
Washington's attorney general's office contends that Puget Sound Energy may be acting illegally with its mid-April request to amend a rate case so that it can collect
Publication Date: MAY 2008
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Recent rains do little to alleviate drought in Southeast, TVA says
Recent rain in the Tennessee Valley has done little to relieve the drought there, said David Bowling, the federal power producer's manager of river forecasting.
Publication Date: MAY 2008
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Renewables incentives may have to wait for a new year, some say, as gridlock rules
Congress has been scrambling for ways to extend tax credits for renewable power development — it is now considering using war-funding legislation as the vehicle for getting
Publication Date: MAY 2008
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Southern net improves 5.9% to $359 million, second straight Q1 record, on higher sales
Southern Company's net income grew 5.9% to $359 million, which was the second straight first-quarter record, as retail and total power sales set a quarterly record for
Publication Date: MAY 2008
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Spitzer sees need for new efforts to address public perception of electricity industry issues
Public perception of electricity issues needs to change, one federal power regulator thinks, suggesting there is a crisis of confidence that should be addressed by new ways
Publication Date: MAY 2008
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Teco Q1 net slumps 57.7% to $30.8 million on mild weather and end of synfuels credits
Teco Energy's net sagged 57.7% to $30.8 million, mainly on the lack of earnings at Teco Coal from federal synthetic fuels tax credits, which were eliminated at
Publication Date: MAY 2008
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AEP net jumps 111% to Q1 record $573 mil with gains from lawsuit and colder weather
American Electric Power's net income jumped 111.4% to a first-quarter record $573 million, beating the $440 million mark set back in 2003, with a $163 million (after-tax)
Publication Date: APR 2008
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Alaska utilities to be part of state effort to craft way to deal with climate change
Alaska's utilities will be part of a broad stakeholder effort getting under way in May to develop a plan to deal with climate change.
Publication Date: APR 2008
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Approving PJM's plan for economic upgrades, FERC adds some factors to improve analysis
The Federal Energy Regulatory Commission has approved the PJM Interconnection's revised formula for analyzing economic upgrades to its power grid, but has required PJM to improve its
Publication Date: APR 2008
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Backers labor for Republican votes in Senate as showdown approaches on big climate bill
Marking the 38th anniversary of Earth Day, Senate Majority Leader Harry Reid last week vowed to get a climate change bill voted on in June, giving proponents
Publication Date: APR 2008
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Bluewater Wind contract still at impasse, as discussions with lawmakers continue
The deadlock between supporters and opponents of a 25-year-power purchase agreement between Delmarva Power and offshore developer Bluewater Wind is beginning to break, although the fate of
Publication Date: APR 2008
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California commission OKs PG&E plans to build 600-MW plant
Pacific Gas & Electric on Wednesday won approval from the California Energy Commission to build the 600-MW, natural gas-fired Colusa Generating Station.
Publication Date: APR 2008
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California public utilities see a gain and setback from regulators, court
Publicly owned utilities in California experienced a victory and setback last week, as a state court of appeals ruled against an irrigation district aiming to take over
Publication Date: APR 2008
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DPL net jumps 37.8% to Q1 record $77 mil as coldest Q1 in six years hikes retail sales
DPL Inc.'s first-quarter net income jumped 37.8% to a record $77.3 million, beating the 2005 mark of $73.7 million, as the coldest first quarter in six years
Publication Date: APR 2008
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Debate heats up over allocating CO2 allowances in Calif; generators deny windfall is possible
The Independent Energy Producers Association is refuting the California Public Utilities Commission staff's assertion that independent generators could reap "windfall profits" from carbon allowances under a cap-and-trade
Publication Date: APR 2008
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Efficiency report says aggressive measures could improve savings 11% over 20 years
Aggressive, targeted energy efficiency measures could boost electricity savings by as much as 11% above projections during the next two decades, according to a new study from
Publication Date: APR 2008
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Environmentalists applaud agreement with KCP&L that includes new coal unit
Environmental advocates last week lauded the March 2007 "Collaboration Agreement" with Kansas City Power & Light that led them to drop opposition to the Iatan-2 coal plant,
Publication Date: APR 2008
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Environmentalists vow two-front fight against Dominion's plan for coal plant
Environmentalists plan to fight Dominion Virginia's proposed 585-MW coal-fired plant in Wise County, Virginia, on two fronts, by challenging its approval by regulators as well as its
Publication Date: APR 2008
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Exelon net slides 15.9% from 2007 Q1 record to $581 mil, mainly on lower Generation profit
Exelon's net income was $581 million, down 15.9% from the first-quarter record of $691 million a year before, mainly on a $122 million slide at Exelon Generation
Publication Date: APR 2008
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FERC approves SPP external-generator plan, aimed at improving competition in the market
The Federal Energy Regulatory Commission last week approved a plan for external generators to participate in the real-time balancing market of the Southwest Power Pool, but FERC
Publication Date: APR 2008
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FERC staff recommends relicensing terms for 2 N.C. projects, one of them controversial
Federal Energy Regulatory Commission staff last week issued a final evaluation for continued operation of two hydropower projects in North Carolina, recommending that the licenses include measures
Publication Date: APR 2008
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FERC takes second look at annual charges: Should it use more than a transmission basis?
The Federal Energy Regulatory Commission is returning now to a company-pocketbook question on which it rebuffed industry overtures several years ago: the annual charges that companies pay
Publication Date: APR 2008
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Florida P&L asks state regulators to decide if fuel-cost hedging should be eliminated
Florida Power & Light, concerned about inconsistencies in regulatory review of its fuel-price hedging program and the impact they may have on its credit rating, wants state
Publication Date: APR 2008
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Green Path transmission project moving ahead despite Citizen Energy's withdrawal
The buildout of the Green Path transmission project in southeastern California is progressing despite Citizens Energy's withdrawal as financial partner from an agreement with the Los Angeles
Publication Date: APR 2008
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Grid operators report on hurdles that lead to long waits for generator interconnection
The low cost to attain a position in transmission interconnection queues around the country, as well as the high value of queue positions and the absence of
Publication Date: APR 2008
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KCP&L supports mandatory 15% RPS; AmerenUE opposes it, Aquila has questions
In what appears to be an about-face, Kansas City Power and Light is supporting a ballot initiative in Missouri that would set a mandatory 15% renewable portfolio
Publication Date: APR 2008
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LG&E/KU scale back plans for new coal unit as they adjust to reduced sales forecast
Heavier reliance on demand-side-management programs and natural gas for electric generation are in the long-term plans of Louisville Gas & Electric and Kentucky Utilities as the E.ON
Publication Date: APR 2008
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