Exelon-Pepco merger decision appealed The Office of People’s Counsel announced Thursday it was appealing a decision by Maryland regulators to approve a $6.9 billion merger between Baltimore Gas and Electric Co. parent Exelon Corp. and Pepco Holdings. The merger, which also needs the approval of regulators in Washington, drew opposition from critics who worried it … Continue reading #Exelon – #Pepco merger decision appealed
AEP investing $5M in energy storage firm American Electric Power Company Inc. is investing $5 million in a fast-rising energy storage firm. The Columbus-based utility (NYSE:AEP) is the marquee investor for a $12.3 million Series C round of funding for Greensmith Energy Management Systems LLC. The deal give AEP access to Greensmith’s expertise and software, … Continue reading #AEP investing $5M in energy storage firm
PJM Capacity Performance Transitional Auction Ensures Availability of Resources to Maintain Reliable Power Supplies for 2016-2017 VALLEY FORGE, Pa., Aug. 31, 2015 /PRNewswire/ — PJM Interconnection successfully procured the targeted amount of resources that meet Capacity Performance standards in its first transitional auction. The price for resources able to meet the pay-for-performance standard was well … Continue reading PJM Capacity Performance Transitional Auction Ensures Availability of Resources to Maintain Reliable #Power Supplies for 2016-2017
Strong start to September in PJM as heat pushes LMP and Load to mid-summer levels.
Exelon mulls closure of unprofitable Quad Cities nuclear plant CHICAGO — The owner of Illinois’ 11 nuclear reactors must decide next month whether to close its Quad Cities plant, one of three generating stations Exelon Corp. has said are in danger of closing if lawmakers don’t approve a surcharge on electric bills to boost profits. … Continue reading #Exelon mulls closure of unprofitable #Quad_Cities nuclear plant
PUCO Chair Andre Porter sees big changes coming for power companies COLUMBUS, Ohio –If there is any one person in Ohio who can influence what you’ll pay for electricity in the coming years, it is Ohio’s new utility boss Andre Porter. Hand-picked by Gov. John Kasich to chair the Public Utilities Commission of Ohio, the … Continue reading PUCO Chair Andre Porter sees big changes coming for power companies
U.S. should adopt nuclear recycling The Environmental Protection Agency’s recently imposed onerous edict to increase the carbon compliance requirements for states is perverse. EPA has descended to new depths of hypocrisy, requiring states to reduce carbon emissions by an average of 32 percent under 2005 levels by 2030, crippling the energy production so necessary for … Continue reading U.S. should adopt nuclear recycling
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