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News Results

Vero Beach seeking taker for wholesale power contracts to enable FPL deal
VERO BEACH — The city is still looking for someone to take over its current wholesale power contract obligations in order to sell its electric system to Florida Power & Light Co. At least one city has already said it is not interested and the ...
Jupiter Courier
Coal-Plant Plunge Threatens Billions in Pollution Spend
Coal-plant operators have announced plans to shut 14,000 megawatts of capacity in the next three years within the 13- state wholesale power market overseen by PJM Interconnection LLC. The retirements come in lieu of installing equipment to ...
Bloomberg
Duke Energy-Progress Energy merger filings concede additional costs
FERC would not agree to approve the merger until Duke and Progress proposed specific measures to protect competition in wholesale power markets in the Carolinas. After months of filings and rulings back and forth, FERC accepted a plan for ...
The Business Journal
TEXT-Fitch rates Exelon Generation notes 'BBB+'
Generation and Load Match: The addition of Constellation Energy Group, Inc.'s (CEG) retail energy business complements the cash flow profile of Exelon Corp.'s (EXC) wholesale generation business; high wholesale power prices result in wider ...
Reuters UK
Dietsmann Group acquires REP Engineering, a Russian Global Maintenance Services Company
including four large plants operated by Russian wholesale power generating company ENEL OGK-5 which have a combined installed capacity of over 8,7 Giga Watts. REP Engineering also carries out outage and capitalization projects on several power ...
Reuters
S&P Lifts Entergy Outlook to Stable On Regulated Utility Business
However, the firm noted that Entergy faces the dual challenges of dealing with ongoing moderation in wholesale-power prices and of managing the relicensing process of two of its larger merchant nuclear-power plants As a result of the decline in ...
NASDAQ
Coal-Plant Plunge Risks Billions in Pollution Spending: Energy
Shutting Capacity Coal-plant operators have announced plans to shut 14,000 megawatts of capacity in the next three years within the 13- state wholesale power market overseen by PJM Interconnection LLC. The retirements come in lieu of installing equipment ...
San Francisco Gate
TEXT-S&P revises Entergy outlook to stable from negative
These factors support the company's business risk profile, which is firmly in the "strong" category. The moderation in wholesale power prices has caused the contribution of the regulated utility business to increase to as much as 75% of ...
Reuters UK
Utility starts work on North Dakota power plant
Natural gas has become a more popular fuel for electric generation because its price has been going down in recent months. Basin Electric is based in Bismarck. It supplies wholesale power to rural electric cooperative customers.
CBS News
Fitch Rates Exelon Generation Co.'s $775MM Senior Notes 'BBB+'
Generation and Load Match: The addition of Constellation Energy Group, Inc.'s (CEG) retail energy business complements the cash flow profile of Exelon Corp.'s (EXC) wholesale generation business; high wholesale power prices result in wider ...
Bloomberg
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